1003 Myrtle Street, Santa Ana, CA 92703
Local realty services provided by:ERA North Orange County Real Estate
1003 Myrtle Street,Santa Ana, CA 92703
$1,498,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: carmen abram tawfik
Office: t.n.g. real estate consultants
MLS#:PW26072817
Source:CAREIL
Price summary
- Price:$1,498,000
About this home
RARE - Cash Flow – High Demand - DETACHED MULTI-UNIT WITH STRONG INCOME + DOCUMENTED ADU UPSIDE. Well-positioned investment opportunity in the heart of Santa Ana featuring TWO detached buildings on one lot with separate addresses (1003 & 1001 W Myrtle), Low-maintenance income property. Income & Stability: Currently generating $107,700 in annual gross income with established tenants in place, providing immediate cash flow and reduced turnover risk. The property consists of three residential units across two standalone structures, including a front single-family residence and a detached rear building. All units offer a highly desirable “cottage-style” layout with no shared walls — a rare configuration that consistently attracts and retains long-term tenants. Unit Mix: • Two (2) 2-bedroom / 1-bath units • One (1) 3-bedroom / 2-bath unit . Why This Property Stands Out: • Detached units (no shared walls) — strong tenant appeal • Two separate addresses for added flexibility and functionality • Multiple utility meters • Proven, stable income stream • Documented Value-Add Potential: Existing garage structures offer a clear path to ADU conversion. Seller will provide a complete due diligence package to streamline execution, including: • Stamped ADU / garage conversion plan...
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Home facts
- Year built:1986
- Listing ID #:PW26072817
- Added:40 day(s) ago
- Updated:April 22, 2026 at 04:30 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Pantry
Heating and cooling
- Heating:No Heat
Structure and exterior
- Roof:Shingle
- Year built:1986
- Lot area:0.22 Acres
- Lot Features:Mid Block
- Levels:1 Story
Utilities
- Water:District - Public, Hot Water
Finances and disclosures
- Price:$1,498,000
Features and amenities
- Laundry features:In Laundry Room, Laundry Area
Parking
- Parking description:Attached, Common Garage, Common Parking - Public, Garage, Parking Area, Room for Oversized Vehicle
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