1003 W Myrtle Street
Santa Ana, CA, 92703
$1,698,000
Beds
0 Baths
SqFt
0.22 Acres
Add
You can reach CAP rate 8% and INCREASE your income substantially approx. $40,000 annually by adding ONE ADU 2 bedroom Unit, 1 full bath and Build an addition to the FRONT HOUSE. All PLANS &#38'PERMITS already obtained and will be passed down at no additional cost (pleases check supplements)
Currently 3 units – 9 rooms, 4 FULL bathrooms &#38' 5 car garage can be turned to 5 units – 12 rooms and 6 bathrooms
IN 1986, BACK house SFR was build 7 rooms &#38' 3 Full Bath, split into 2 units from inside.
Original FRONT single family House, one level, 2 beds &#38' 1 FULL Bath. Sitting on a LARGE Lot approx 9,583 sq.ft
** In 2022 MAJOR REMODEL for both houses was done, new windows, new floors everywhere &#38' kitchen &#38' bathroom cabinets
* Each house is SEPARATELY metered for gas, electric and water
Seller has APPROVED PLANS from the city &#38' Building PERMIT, over $27,000 in design &#38' city fees paid &#38' included in the purchase price. The permit will be TRANSFERRED to the buyer.
Currently leased to reliable tenants at above-market rates, this property ensures immediate income for prospective buyers.
GREAT INVESTMENT. SELLERS will consider all offers.
* CENTRALLY located, close to downtown, transportation, schools, shopping &#38' park. MAJOR freeways 22,5,57. DO NOT go direct, do not disturb tenants. Offers subject to interior inspection.

Must see in person to appreciate the flow and floor plan.
PROPERTY VIDEO available, rental cash flow – please request it.
Referrals for contractors that can get ADU started immediately will be provided too.

Property Details

Price:
$1,698,000
MLS #:
PW24206655
Status:
Active
Baths:
0
Address:
1003 W Myrtle Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
69santaanasouthoffirst
City:
Santa Ana
Listed Date:
Oct 4, 2024
State:
CA
ZIP:
92703
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1986
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Schools

Interior

Accessibility Features
Parking
Appliances
Gas & Electric Range, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater
Cooling
None
Fireplace Features
None
Flooring
Laminate, Tile, Vinyl
Heating
None
Interior Features
2 Staircases, Open Floorplan, Quartz Counters, Storage

Exterior

Community Features
Curbs, Sidewalks
Electric
Electricity – On Property
Fencing
Fair Condition
Foundation Details
Concrete Perimeter
Garage Spaces
5.00
Lot Features
2-5 Units/ Acre
Parking Features
Direct Garage Access, Garage, Garage – Three Door, Garage – Two Door, On Site, Oversized, Parking Space, Public
Parking Spots
14.00
Pool Features
None
Roof
Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities, Electricity, Sewer, Trash Collection, Water
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Map

Community

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1003 W Myrtle Street
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