Seller's Agent in 2022
Michael Arp
Morgan Skenderian
(714) 262-8992
1 in this area
41 Total Sales
1009 N Parton St Santa Ana, CA 92701
Willard Neighborhood
3
Beds
2
Baths
3,155
Sq Ft
7,802
Sq Ft Lot
Highlights
- No HOA
- Rectangular Lot
- 1-Story Property
- Laundry Room
About This Home
As of February 2022The 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.
Last Agent to Sell the Property
Morgan Skenderian License #01488586 Listed on: 06/22/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Lot Details
- 7,802 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 6 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
Interior Spaces
- 3,155 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 7 / 3
- Tax Tract Number 93
- Assessor Parcel Number 39853305
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $480
- Fuel Expense $390
- Gardener Expense $1,200
- Insurance Expense $1,104
- Maintenance Expense $2,779
- Other Expense $968
- Supplies Expense $140
- Trash Expense $732
- Water Sewer Expense $2,160
- New Taxes Expense $13,199
- Operating Expense $23,512
- Gross Income $900
- Net Operating Income $61,169
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2022 02/23/22 | Sold | $1,192,558 | -0.2% | $378 / Sq Ft |
| 02/04/2022 02/04/22 | Pending | -- | -- | -- |
| 01/19/2022 01/19/22 | For Sale | $1,195,000 | +0.2% | $379 / Sq Ft |
| 10/04/2021 10/04/21 | Off Market | $1,192,558 | -- | -- |
| 08/31/2021 08/31/21 | Price Changed | $1,195,000 | -4.0% | $379 / Sq Ft |
| 07/19/2021 07/19/21 | Price Changed | $1,245,000 | -3.1% | $395 / Sq Ft |
| 06/22/2021 06/22/21 | For Sale | $1,285,000 | -- | $407 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michael Arp
-
Farzan Parvizi
Buyer's Agent in 2022
Farzan Parvizi
First Team Real Estate
(949) 497-2154
1 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21135215
APN: 398-533-05
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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