Santa Ana, CA 92703,1003 - 1001 W Myrtle ST
Santa Ana, CA 92703,1003 - 1001 W Myrtle ST
Santa Ana, CA 92703,1003 - 1001 W Myrtle ST
Santa Ana, CA 92703,1003 - 1001 W Myrtle ST
Santa Ana, CA 92703,1003 - 1001 W Myrtle ST
Santa Ana, CA 92703,1003 - 1001 W Myrtle ST
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2025
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$ 1,698,000
Est. payment | /mo

9,583 Sqft Lot


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$ 1,698,000
Est. payment | /mo
Save

9,583 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24206655

Construction Status Building Permit,Fixer,Repairs Cosmetic

HOA Y/N No

Year Built 1986

Annual Tax Amount $18,500

Lot Size 9,583 Sqft

Property 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.

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Zoning R2

Interior

Interior Features Multiple Staircases, Open Floorplan, Quartz Counters, Storage, Bedroom on Main Level

Heating None

Cooling None

Flooring Laminate, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Range, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater

Laundry Common Area, In Garage, Laundry Room

Exterior

Parking Features Door-Multi, Direct Access, Garage, On Site, Oversized, Public, One Space

Garage Spaces 5.0

Garage Description 5.0

Fence Fair Condition

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 14

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One,Two,Multi/Split

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories One, Two, Multi/Split

New Construction No

Construction Status Building Permit,Fixer,Repairs Cosmetic

Others

Senior Community No

Tax ID 00824142

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Carmen Abram Tawfik • T.N.G. Real Estate Consultants
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tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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1003 - 1001 W Myrtle ST