For Sale House MLS# OC26161206

1609 N Parsons Pl

Santa Ana, CA 92703

$1,325,000

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About 1609 N Parsons Pl

Rare Orange County investment opportunity featuring 7 separate residential units with approximately $9,650/month in current rental income and strong long term income potential.

Located in Santa Ana near the highly desirable Little Saigon community, this unique income producing property offers investors the opportunity to acquire a diversified rental asset in one of Southern California's strongest rental markets.

Property highlights include:

• 7 separate residential units • 11 bedrooms and 8 bathrooms • Approximately $9,650/month current rental income • Over $115,000 annual gross rental income • Large 7,840+ sq ft lot • Multiple parking spaces • Established rental history • Strong tenant demand area.

The property provides an excellent opportunity for investors looking for immediate rental income, portfolio expansion, and long term appreciation in Orange County.

Conveniently located near Little Saigon, Westminster, Garden Grove, Anaheim, Downtown Santa Ana, shopping centers, restaurants, employment hubs, schools, churches, temples, and major freeways.

Whether you are an experienced investor seeking additional cash flow or looking to acquire a valuable Orange County income producing asset, this rare 7 unit property presents an exceptional opportunity.

Schedule your private tour today.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1950
Stories
1
Living area
3,400 sqft
Price / sqft
$390
Lot
0.18
Full baths
8
Original price
$1,350,000
MLS #
OC26161206

Interior

Features
All Bedrooms Down
Cooling
Wall/Window Unit(s)
Laundry
Common Area

Exterior & lot

Features
Parking spaces: 0
Construction
Drywall, Stucco
Roof
Shingle
Lot
10019017
Parking
Driveway

Schools

District
Garden Grove Unified School District
High
Garden Grove

Utilities

Utilities
Public Sewer, Public, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Electricity - On Property, Standard
Water
Public
Sewer
Public Sewer

Financial

Financial
Tenant owned appliances and personal belongings
Parcel
10019017
Special conditions
Standard, Trust

Location

Subdivision
Santa Ana North of Bolsa, Bordering Westminster
Area
66 - N of Blsa, S of GGrv, E of Brookhrst, W of Ha
County
Orange
Community
City Street, 0.0, Garden Grove Unified
Directions
Near 17th St, between Euclid St and Harbor Blvd, close to Little Saigon and the 22 Freeway.

Ask about this property

Questions on 1609 N Parsons Pl, Santa Ana, CA 92703, or want to see it in person?

Listed by An Le, MOSO Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.