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1009 N Parton St, Santa Ana, CA 92701
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1009 N Parton St Santa Ana, CA 92701

$1,192,558 Sold Price as of 02/23/2022
  • 6 Beds
  • 4 Baths
  • 3,155 Sq.Ft.
Sold
$1,192,558 Sold Price as of 02/23/2022 Refinance Your Mortgage
Map preview of 1009 N Parton St, Santa Ana, CA 92701

Property Overview: 1009 N Parton St Santa Ana, CA has 6 bedrooms, 4 bathrooms, 3,155 living square feet and 7,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Parton Street 4-plex apartments are a well located 4-plex in Santa Ana which are within walking distance of Orange County Superior Court, Orange County Public Health, Santa Ana City Hall and a host of other county related employment venues. The subject property features detached structures which were built in 1967 and 1996 respectively and the exterior is constructed almost completely of stucco, which limits exterior repair cost down the road. The buildings sit atop a large 7,802 square foot which is enclosed by a wooden fence creating added privacy for the residents. The apartments are occupied by long term tenants who enjoy the spacious apartments, a fenced yard area, enclosed garage parking (3 double car garages), an onsite laundry facility, and individual hot water heaters. The rare combination of being located near desirable county based employment, tenant amenities, and quality of construction will allow the Parton 4-plex apartments to be a sought after rental destination with a low cost of ownership for years to come. Income, Cap rate and GRM numbers are based on proforma rents. Actual rents are below market levels.

Listed by Michael Arp | BRE #01488586 | Morgan Skenderian
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 120

Home details

Lot Sq. Ft
7,802
HOA Dues
$0/mo
Year built
1967
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21135215
City
Santa Ana
County
Orange
Time on Site
1039 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.12%
  • Gross Rent Multiplier: 13.69
  • Gross Scheduled Income: $87,300
  • Net Operating Income: $61,169
  • Gross Operating Income: $84,681
  • Vacancy Allowance: $2,619
  • Laundry Income: $900
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $23,512
  • Electric: $480
  • Gas/Fuel: $390
  • New Taxes: $13,199
  • Trash: $732
  • Gardener: $1,200
  • Insurance: $1,104
  • Maintenance: $2,779
  • Water/Sewer: $2,160
  • Other Expenses: $968

Property Details for 1009 N Parton St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage Faces Rear
Lot Information
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 39853305
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: West of Main Street and North of Civic Center Drive
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Santa Ana Agent

Sale History for 1009 N Parton St

Last sold for $1,192,558 on February 23rd, 2022

  • August, 2021

  • Aug 31, 2021

    Date

    Price Change

    CRMLS: PW21135215

    $1,195,000

    Price

  • Jul 20, 2021

    Date

    Price Change

    CRMLS: PW21135215

    $1,245,000

    Price

  • Jun 22, 2021

    Date

    Active

    CRMLS: PW21135215

    $1,285,000

    Price

  • March, 2021

  • Mar 19, 2021

    Date

    Expired

    CRMLS: PW20256482

    $1,175,000

    Price

  • Feb 4, 2021

    Date

    Price Change

    CRMLS: PW20256482

    $1,175,000

    Price

  • Jan 13, 2021

    Date

    Price Change

    CRMLS: PW20256482

    $1,100,000

    Price

  • Jan 10, 2021

    Date

    Price Change

    CRMLS: PW20256482

    $1,145,000

    Price

  • Dec 12, 2020

    Date

    Active

    CRMLS: PW20256482

    $1,175,000

    Price

  • Dec 12, 2020

    Date

    Coming Soon

    CRMLS: PW20256482

    $1,175,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2018

  • Sep 1, 2018

    Date

    Expired

    CRMLS: PW18170327

    $899,999

    Price

  • Aug 4, 2018

    Date

    Price Change

    CRMLS: PW18170327

    $899,999

    Price

  • Jul 15, 2018

    Date

    Active

    CRMLS: PW18170327

    $949,999

    Price

  • Listing provided courtesy of CRMLS

    Seller is MOTIVATED to sell this outstanding opportunity. Fully occupied two duplexes (2 - Two bedroom / 1 Bath Units in front duplex and 2 LARGE- One bedroom / 1 Bath units in back duplex above three 2 car garages and a laundry room) a few blocks from both Floral Park and the Civic Center. The front duplex was built in 1996 with the rear building built in 1967. The property has some differed maintenance but rents are low and the opportunity high. These buildings are walking distance to the civic center and the Santa Ana Regional Transportation Center. Buyer to verify all applicable information about the property.

  • December, 1997

  • Dec 17, 1997

    Date

    Sold (Public Records)

    Public Records

    $77,000

    Price

  • August, 1997

  • Aug 26, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1009 N Parton St

Assessed Value (2020): $403,807
Year Land Value Improved Value Assessed Value
2020 $165,561 $238,246 $403,807

Home Value Compared to the Market

This property vs the competition

1009 N Parton St sold on February 23, 2022 for 59.33% higher than the current median sold price for the city of Santa Ana which is $750,000. The median sold price per/sqft for Santa Ana is $561 and this home is sold at $378.76 per/sqft which puts the price per square foot 32.48% lower than the current median sale per square foot for the city of Santa Ana.

About 1009 N Parton St

Detailed summary of property

1009 N Parton St is a multi family that recently sold in Santa Ana, CA 92701. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,155 living square feet, and sits on an approximately 7,802 square foot lot. 1009 N Parton St was first listed on ArdentRealEstateGroup.com on June 22, 2021. The homeowner sold the property for $1,192,558. Home in Santa Ana are selling for a median price of $750,000 and a median price per square foot of $561. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is sold 59.33% higher than the current median priced home. Local homes that are currently for sale include 12102 Colima Rd, 13931 Leffingwell Rd and 13976 Coteau Dr. While the average home in Santa Ana, CA is selling in 47 days, 1009 N Parton St has a days on market of 120 days. There are currently 229 homes for sale in the Santa Ana real estate market and 130 of them are single family homes while 88 of them are condos and 10 are townhomes. For more information on this home for sale at 1009 N Parton St Santa Ana, CA 92701 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 1009 N Parton St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,889
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
398-533-05

The source for these homes facts are from public records.

92701 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$455,000
Median List Price/Sq.Ft.
$469
Median Sold Price
$435,000
Median Sold Price/Sq.Ft.
$582
Total Inventory
41
Median Sale to List Price %
100%
Avg Days on Market
32
Loan Type
Conventional (63.64%), FHA (9.09%), VA (9.09%), Cash (18.18%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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