1609 N Parsons Pl, Santa Ana, CA, 92703
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.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Additions/Alterations
- Year built: 1950
Materials
- Roof: Shingle
- Construction materials: Drywall,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Common Area
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 8
- Full bathrooms: 8
- Main level bathrooms: 7
- Main level bedrooms: 10
Cooling
- Cooling features: Wall/Window Unit(s)
Features
- All Bedrooms Down
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior Area
- Total interior livable area: 3,400 sqft
Property
Details
- Parcel number: 10019017
- Special condition: Standard,Trust
- Exclusions: Tenant owned appliances and personal belongings
Features
- Levels: One
- Stories: 1
- Entry location: Side
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 7,841 sqft
- Features: 0-1 Unit/Acre
Parking
- Parking features: Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,826 | $81,912 |
| Home Insurance * | $151 | $1,812 |
| Property Taxes | $1,303 | $15,636 |
| Electricity | $729 | $8,749 |
| Total | $9,009 | $108,108 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $1,350,000 |
| 2026-04-01 | Listing removed | $1,500,000 |
| 2025-06-25 | Listed for sale | $1,500,000 |
| 2024-05-28 | Sold | $790,000 |
| 2022-01-04 | Sold | $750,000 |
| 2019-08-28 | Sold | $750,000 |
| 2019-04-26 | Pending sale | $749,900 |
| 2019-04-10 | Listed for sale | $749,900 |
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