1609 North Parsons Pl, Santa Ana, CA 92703

$1,325,000
11
BD
8
BA
3,400
SqFt

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List Price
$1,325,000
Price Change
▼ $25,000 1789133130
Status
ACTIVE
MLS#
OC-26161206
Year Built
1950
Bedrooms
11
Bathrooms
8
Living Sq. Ft
3,400
Lot Size
7,841
Days on Market
111
Property Type
Single Family Residential
Stories
1
Neighborhood
Not Applicable

Property Description

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.

Additional Information

Land Lease Type
Fee
Fireplace Description
None
View
None
High School
Garden Grove

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Calculator source: Real Geeks

Listing courtesy of MOSO Real Estate.