$2,200,000
1027 N Parton Street, Santa Ana CA 92701
Multi-Family (9 Units)
Property type
64 days
On market
$282
Price per sqft
9 cars
Garage
1959
Year built
8,945 sqft
Lot size
Home highlights
Open Houses
Overview
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,...
Listing provided by: Daniel Blackwell DRE #01854961 949-423-6111, CB Richard Ellis, Inc.
Listing updated: Apr 21, 2026 at 04:06pm.
Last checked: Jun 14, 2026 at 03:31am
Source: CRMLS #26713283
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 1 | 1 | 1 | $1,098 | $5,493 | $9,500 | Unfurnished |
| 3 | 2 | 1 | 1 | $1,372 | $4,118 | $6,750 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,550 | $1,550 | $2,450 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Financial Snapshot
Gross Rent Multiplier
16.2x
List Price / Annual Gross Rent
Cap Rate
3.29%
NOI / List Price
Net Operating Income: $72,286
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: Garage, Uncovered
Garage Spaces: 9
Parking Total: 9
Lot Information
Land Lease: No
Parcel #: 39853301
Community
HOA: No
Senior Community: No