1001 W Myrtle, Santa Ana, CA 92703
Local realty services provided by:ERA Donahoe Realty
1001 W Myrtle,Santa Ana, CA 92703
$1,468,088
- - Beds
- - Baths
- 3,726 sq. ft.
- Multi-family
- Active
Listed by: carmen abram tawfik
Office: t.n.g. real estate consultants714-987-3310
MLS#:PW26209173
Source:CRMLS
Price summary
- Price:$1,468,088
- Price per sq. ft.:$394.01
About this home
TWO DETACHED BUILDINGS (1001 & 1003 W. MYRTLE — SOLD TOGETHER) • THREE RENTAL UNITS • ONE LARGE LOT
• A versatile investment opportunity
• STRONG Existing Rental Income — Stable Tenants
• HIGH VALUE — Unusually strong income for its unit count, currently over $92,600 in Net Operating Income (NOI), over 6% CAP Rate, with over $107,700 in annual gross income, plus potential additional laundry and garage income
• Strong in-place rental income, even within a rent-regulated area
• LARGER BUILDING — One of the MOST COMPETITIVELY PRICED small multifamily properties by $/SF
• ONE OF THE LARGER LOTS among comparable properties — approximately 9,583 SF, PROVIDING substantially more land
• 5 garages / plus additional parking spaces on the LOT
• Documented ADU / VALUE-ADD potential — Stamped plans available for review
• AMPLE LAND + Multiple avenues for FUTURE value creation
• RARE DETACHED MULTIFAMILY CONFIGURATION — No shared walls, No one ABOVE OR BELOW, providing PRIVACY • Stong tenant appeal & Rental demand
• Separate utility meters
• LIVE IN ONE • RENT THE OTHERS • OR INVEST FOR CASH FLOW
• COMPLETELY REMODELED IN 2022 — New EVERTHING: Double pane windows, flooring, kitchen cabinets, countertops, bathroom vanities and tubs
• 10 ROOMS • 4 FULL BATHS • 3 FULL KITCHENS
• Existing garage structures provide a documented pathway for potential future ADU conversion • Please see Supplements for permits, plans and supporting documentation.
• Prime Central Location Strategically positioned • CLOSE to Tustin and Orange borders, with convenient access to major freeways, employment centers, shopping, dining, and schools
Virtually staged / AI - generated images
SHOWING: Tenant Occupied — DRIVE-BY ONLY.
Showings by appointment upon receipt of a complete offer package....
Contact an agent
Home facts
- Year built:1987
- Subdivision & Development:Other
- Listing ID #:PW26209173
- Added:3 day(s) ago
- Updated:October 10, 2026 at 03:36 PM
Rooms and interior
- Flooring:Laminate, Tile, Vinyl
- Kitchen Description:Electric Cooktop, Electric Oven, Electric Range, Gas Range
- Living area:3,726 sq. ft.
Structure and exterior
- Year built:1987
- Building area:3,726 sq. ft.
- Lot area:0.22 Acres
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,468,088
- Price per sq. ft.:$394.01
- Tax amount:$12,906
Features and amenities
- Appliances:Electric Cook Top, Electric Oven, Electric Range
- Amenities:Carbon Monoxide (CO2) Detector, Granite Counters, Loft room, Multiple Staircases, Open Floor Plan, Quartz Counters, Tankless Water Heater, Water Heater
Parking
- Total parking spaces:14
- Parking description:Door-Multi, Door-Single, Garage, On Site, On Street, Oversized, Private
- Garage:Yes
- Garage spaces:5
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