1003 Myrtle Street, Santa Ana, CA 92703
Local realty services provided by:ERA Excel Realty
1003 Myrtle Street,Santa Ana, CA 92703
$1,488,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: carmen abram tawfik
Office: t.n.g. real estate consultants
MLS#:PW26125402
Source:CAREIL
Price summary
- Price:$1,488,000
About this home
Strong Cash Flow • Detached Units • ADU Upside • High-Demand Rental Market Investors, take notice. Opportunities offering this combination of immediate income, tenant STABILITY , and documented expansion potential are exceptionally rare in today's Orange County market. This unique multi-unit investment features TWO DETACHED BUILDINGS on one lot with separate addresses (1003 & 1001 W. Myrtle Street), creating a highly desirable cottage-style rental environment that tenants love. Unlike traditional apartment properties, all units enjoy ** privacy with NO SHARED WALLS, resulting in stronger tenant retention and consistent rental demand. **Immediate Cash Flow From Day One** Currently generating approximately $107,700 in annual gross income with established tenants already in place, providing immediate revenue and minimizing vacancy risk. Separate LAUNDRY Room - Additional Cash Income Owner only pays for Taxes and Insurance Low maintenance property. Desirable Unit Mix Three residential units across two standalone structures: • Two (2) 2-Bedroom / 1-Bath Units • One (1) 3-Bedroom / 2-Bath Unit Significant Value-Add Opportunity What truly SEPARATES this property from competing investments is the seller's extensive ADU preparation work. Existing garage structures present a...
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Home facts
- Year built:1986
- Listing ID #:PW26125402
- Added:1 day(s) ago
- Updated:June 10, 2026 at 04:12 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:$1,488,000
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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