1003 1001 W Myrtle Street

Santa Ana, CA 92703

  • 7 Bed(s)
  • 4 Bath(s)
  • 3,043 Sqft
  • 9583
    Sqft(Lot)
$1,698,000

Description

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 &permits are available (pleases check supplements)

currently 3 units – 9 rooms, 4 full bathrooms & 5 car garage can be turned to 5 units – 12 rooms and 6 bathrooms

in 1986, back house sfr was build 7 rooms & 3 full bath, split into 2 units from inside.

original front single family house, one level, 2 beds & 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 & kitchen & bathroom cabinets

* each house is separately metered for gas, electric and water

seller has approved plans from the city & building permit, over $27,000 in design & city fees paid & 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 & 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.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    47108387

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Interior Features: Multiple Staircases,Open Floorplan,Quartz Counters,Storage,Bedroom on Main Level
    • Property Appliances: Electric Range,Gas Range,Gas Water Heater,Tankless Water Heater,Water Heater
    • Fireplace: None
    • Flooring: Laminate,Tile,Vinyl

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1986
    • Building Area Total: 3,043
    • Roof: Shingle

    Foundation

    • Concrete Perimeter

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • Common Area,In Garage,Laundry Room

    Fencing

    • Fair Condition

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.22
    • Lot Size Source: Appraiser
    • Lot Size Square Feet: 9583

  • Listing Price Information

    • Original List Price: 1,698,000
    • Listing Contract Date: 2024-10-04

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 00824142
    • Annual Tax: 18500

  • Garage and Parking

    • Garage Description: Door-Multi,Direct Access,Garage,On Site,Oversized,Public,One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities,Electricity,Sewer,Trash Collection,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 69 - Santa Ana South of First
    • Postal Code Plus 4: 3911
    • Directions: Closer to Bristol, McFadden, Flower and 1st Streets.
    • Zoning: R2
    • Source Property Type: Residential Income
    • Area: 69 - Santa Ana South of First
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 39
    • Common Walls: No Common Walls
    • Property Condition: Building Permit,Fixer,Repairs Cosmetic
    • Structure Type: Duplex
    • Year Built Source: Other
    • Entry Location: street
    • Levels or Stories: One,Two,Multi/Split
    • Building Total Stories: 1
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BuyOwner last updated this listing 01/18/2025 @ 08:04

  • MLS: PW24206655
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 3,043 sqft, 9,583 sized lot, and 5 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Ana , in zip code 92703, this Orange County Home , it is in the ,OTHER Subdivision, are nearby neighborhoods.