Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 inspection. Community amenities include on-site laundry and 9 garage spaces. Conveniently located near the 5 Freeway, N. Flower St., and W. Washington Ave.
AGENT: Daniel Blackwell LISTING BROKERAGE: CB Richard Ellis, Inc.
Courtesy of CB Richard Ellis, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1027 N Parton ST
Santa Ana, CA
Property Details
Price:
$2,200,000
MLS #:
26713283
Status:
Active
Beds:
13
Baths:
10
Type:
Single Family
Neighborhood:
70santaananorthoffirst
Listed Date:
Apr 13, 2026
Finished Sq Ft:
7,800
Total Sq Ft:
7,800
Lot Size:
8,945 sqft / 0.21 acres (approx)
Year Built:
1959
70 – Santa Ana North Of First70santaananorthoffirst
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Schools
Interior
Cooling
NO
Heating
NO
Levels
S
Exterior
Garage Spaces
9
Parking Spots
9
Parking Total
9
Financial
Gross Operating Income
$131,592
Net Operating Income
$72,286
Map
Community
- Address1027 N Parton ST Santa Ana CA
- CitySanta Ana
- CountyOrange
- Zip Code92701
