1003 W Myrtle Street, Santa Ana, CA 92703
Local realty services provided by:ERA North Orange County Real Estate
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
Seller might consider buying the rate down. CREATIVE FINANCING options available. Seller has APPROVED PLANS from the city & Building PERMIT for ADU (see supplements) Will be TRANSFERRED at NO additional cost. Turnkey Investment - SOLID Income ** STRONG 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, ADDITIONAL rent approx. $40,000 annually only from ** ADU** ** Reliable tenants already in place, paying average market rent over the past 3 years! Delivered VACANT is negotiable. ** Currently, Nine (9) spacious rooms, SEVEN (7) 4 Full Bath, 3 Full Kitchen & 5 car garage. Total 14 parking spots on this HUGE 10,000 lot. * TWO buildings SEPARATELY metered for gas, electric, water and different mailing addresses. Has to be sold together they share the same parcel (See Parcels description in supplements) ** In 2022 MAJOR REMODEL for ALL buildings was done, NEW windows, NEW floors everywhere, NEW kitchen & bathroom cabinets. IN 1986, BACK house SFR was build split into 2 residences from inside. Big backyard and side yard separated for more privacy. Original FRONT single family residence is one SINGLE story, has 2 beds & 1 FULL Bath, front, side and backyard. One of the strongest rental markets in So Cal. The City of Santa Ana is a historic city w/ vibrant downtown located in OC. Even with only a 3% rent increase - you will end up with over $3,500 additional rent each consecutive year. CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJO
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Home facts
- Listing ID #:PW25125649
- Added:149 day(s) ago
- Updated:November 17, 2025 at 02:58 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
Finances and disclosures
- Price:$1,590,000
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