About 1027 N Parton Street
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.
Features of 1027 N Parton Street
| MLS® # | 26713283 |
|---|---|
| Price | $2,200,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 7,800 |
| Acres | 0.21 |
| Year Built | 1959 |
| Type | Residential Income |
| Status | Active Under Contract |
Community Information
| Address | 1027 N Parton Street |
|---|---|
| Area | 70 - Santa Ana North of First |
| City | Santa Ana |
| County | Orange |
| Zip Code | 92701 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Parking | Garage, Uncovered |
| # of Garages | 9 |
| Garages | Garage, Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Additional Information
| Date Listed | April 13th, 2026 |
|---|---|
| Days on Market | 149 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Daniel Blackwell |
|---|---|
| Office | CB Richard Ellis, Inc. |