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.
For sale
Listed by: MOSO Real Estate • An Le • Contact: 714-548-7296
$1,350,000
1609 N Parsons Pl, Santa Ana, CA 92703
11beds
3,400sqft
Single Family Residence
Built in 1950
7,841 Square Feet Lot
$1,322,900 Zestimate®
$397/sqft
$-- HOA
What's special
- 36 days
- 674
- 28
Zillow last checked:
Listing updated:
Listed by:
An Le DRE #02094613 714-548-7296,
MOSO Real Estate
Source: CRMLS,MLS#: OC26161206
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
- Full bathrooms: 8
- Main level bathrooms: 7
- Main level bedrooms: 10
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,400 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Entry location: Side
- Pool features: None
- Spa features: None
Lot
- Size: 7,841 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 10019017
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Drywall, Stucco
- Roof: Shingle
Condition
- Additions/Alterations
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs
- Subdivision: Santa Ana North Of First, Bordering Westminster
Location
- Region: Santa Ana
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $1,144,440
- Date on market: 7/24/2026
- Cumulative days on market: 37 days
- Listing terms: Cash,Conventional,1031 Exchange,Trust Deed
- Exclusions: Tenant owned appliances and personal belongings
- Road surface type: Paved
Estimated market value
$1,322,900
$1.26M - $1.39M
$2,372/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $1,350,000-10%$397/sqft |
Source:  CRMLS #OC26161206 Report a problem | ||
| 4/1/2026 | Listing removed | $1,500,000$441/sqft |
Source:  SDMLS #OC24243654 Report a problem | ||
| 6/25/2025 | Listed for sale | $1,500,000+89.9%$441/sqft |
Source: SDMLS #OC24243654 Report a problem | ||
| 5/28/2024 | Sold | $790,000+5.3%$232/sqft |
Source: Public Record Report a problem | ||
| 1/4/2022 | Sold | $750,000$221/sqft |
Source: Public Record Report a problem | ||
| 8/28/2019 | Sold | $750,000+0%$221/sqft |
Source:  CRMLS #RS19080502 Report a problem | ||
| 4/26/2019 | Pending sale | $749,900$221/sqft |
Source: Your Home Team Real Estate #RS19080502 Report a problem | ||
| 4/10/2019 | Listed for sale | $749,900$221/sqft |
Source: Your Home Team Real Estate #RS19080502 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,144,440 +2% |
| 2025 | $12,958 +13.7% | $1,122,000 +13.5% |
| 2024 | $11,392 +1.8% | $988,380 +2% |
| 2023 | $11,193 +24.8% | $969,000 +25.4% |
| 2022 | $8,972 +1.4% | $772,821 +2% |
| 2021 | $8,850 -29% | $757,668 +1% |
| 2020 | $12,462 +42.5% | $749,900 +102.5% |
| 2019 | $8,742 +93.3% | $370,390 +2% |
| 2018 | $4,522 +5.5% | $363,128 +2% |
| 2017 | $4,288 | $356,008 +2% |
| 2016 | $4,288 +4.6% | $349,028 +1.5% |
| 2015 | $4,098 +3.8% | $343,786 +2% |
| 2014 | $3,947 | $337,052 +0.5% |
| 2013 | -- | $335,529 +2% |
| 2012 | -- | $328,950 +2% |
| 2011 | -- | $322,500 +0.8% |
| 2010 | -- | $320,090 -0.2% |
| 2009 | -- | $320,851 +2% |
| 2008 | -- | $314,560 +2% |
| 2007 | -- | $308,393 +69% |
| 2006 | -- | $182,531 +2% |
| 2005 | -- | $178,952 +2% |
| 2004 | -- | $175,444 +1.9% |
| 2003 | -- | $172,229 +2% |
| 2002 | -- | $168,852 +2% |
| 2001 | $1,758 +1.9% | $165,542 +2% |
| 2000 | $1,725 | $162,297 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92703
Nearby schools
Schools provided by the listing agent
- High: Garden Grove
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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