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1609 N Parsons Pl1 / 10 · Click to zoom

About this home

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.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneA / High Risk
🏷 Last sold$790,000 · May 2024
📋 Assessed value$1,122,000
💵 Annual tax$12,960
🏫 School districtGarden Grove Unified School District

MLS #26161206

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone A — high flood risk (insurance typically required)

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
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Estimated total monthly payment
$8,458
Principal & interest$6,826
Property tax$1,238
Home insurance$394
Down payment: $270,000Loan: $1,080,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.