1003 W Myrtle Street, Santa Ana, CA 92703
Local realty services provided by:Better Homes and Gardens Real Estate Registry
1003 W Myrtle Street,Santa Ana, CA 92703
$1,590,000
- 7 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:carmen abram tawfik
Office:t.n.g. real estate consultants
MLS#:PW25125649
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,590,000
About this home
CREATIVE FINANCING options available. LEASE back OPTION. SELLER FINANCE, Seller may carry existing loan. Any other creative terms welcome! This price includes the SFR - 1001 W Myrtle, same parcel, sold together. THREE detached residences. Total TWO buildings STAND ALONE, completely DETACHED. Nine (9) spacious rooms,7 bedrooms, 4 Full Bath, 3 Full Kitchen & 5 car garage. Total 14 parking spots on this HUGE 10,000 lot Turnkey Investment ** STRONG 5% Cap Rate, Enjoy solid returns $107,000+ annual income from day one based on current rents, with room for upside through rent increases. Reach CAP rate - Upto 8% CAP with the NEW ADU ** Reliable tenant already in place, paying over market rent for the past 3 years! THREE SEPARATE, detached residences. Total TWO buildings STAND ALONE, completely DETACHED. SEPARATELY metered for gas, electric and water. Each has its own mailing address: 1001 and 1003 W Myrtle. ** In 2022 MAJOR REMODEL for ALL buildings was done, NEW windows, NEW floors everywhere, NEW kitchen & bathroom cabinets. You can ADD ** an ADU in the 3-car garage and build an addition to the front house in the 2-car garage. You will end up with FOUR completely detached, separate residences, bringing in ADDITIONAL rent approx. $40,000 annually only from ** ADU** Seller has APPROVED PLANS from the city & Building PERMIT for ADU (see supplements) Will be TRANSFERRED at NO additional cost. IN 1986, BACK house SFR was build split into 2 residences from inside. Original FRONT single family residence is one SINGLE story, completely DETACHED with 2 beds & 1 FULL Bath, front, side and
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Home facts
- Listing ID #:PW25125649
- Added:101 day(s) ago
- Updated:September 30, 2025 at 01:59 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
Finances and disclosures
- Price:$1,590,000
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