1001 W Myrtle Street Santa Ana, CA 92703

Single Family Detached MLS #: PW25031358 Courtesy Of TNG Real Estate Consultants

$469,000

2 beds | 1 baths | 1,032 sq ft
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Estimated monthly payments: $2,050/mo.* (recalculate)

Property InformationDescription

HAS TO BE sold together with 1003 W myrtle MLS # PW25044739

* Each house is STAND ALONE & SEPARATELY metered for gas, electric and water. Add an extra unit - ADU - Seller has APPROVED PLANS from the city & Building PERMIT, to add an ADU, for additional income. Permit will be TRANSFERRED at NO additional cost (see supplements)

Upto 8% CAP rate & INCREASE your income substantially approx. $40,000 annually by adding another ADU unit (2 bedrs, 1 full bath) & build an addition to the FRONT HOUSE.

Currently leased for $2,780, to reliable tenants at above-market rates, this property ensures immediate income for prospective buyers.

Total RENT $8,880/month (from ALL 3 units), can be increased by another $3,450/month with the ADU. Currently $106,500 annual income, from ALL 3 units.

Even with only a 3% rent increase - you will end up with over $3,500 additional rent each consecutive year.

Single Family house in the front of this large lot with front and side yards, total 3 rooms, 2 spacious bedrooms, spacious family/dining room and one full bathroom and kitchen with attached 2 car garage.

** In 2022 MAJOR REMODEL done, new windows, new floors everywhere & completely new kitchen granite countertops w/self-closing & newer appliances. NEW bathroom vanities & tubs.

LARGE Lot approx 9,583 sq.ft, provides plenty of additional parking, upto 9 cars (can bring additional rent income)

Gate for privacy.

Whether you're looking for a multiple families residence, an investment opportunity, or a place to call home while renting out the other units, this income generating duplex offers endless possibilities.

One of the strongest rental markets in So Cal. The City of Santa Ana is a historic city w/ vibrant downtown located in OC.

South of First st, close to Flower, Bishop & Bristol st.

* CENTRALLY located, close to MAJOR fwy 22,5,57.

Plenty of activities, Bowel museum, Discovery science, Outlet mall w/ indoor skate

Over $27,000 in design & city fees paid & included in the purchase price.

Must see to appreciate the flow & floor plan. Virtually staged. Please DO NOT go direct & disturb tenants. Offers subject to interior inspection.

Pls request PROPERTY VIDEO & rental cash flow.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Double Pane Windows
  • Appliances: Microwave, Oven - Gas, Range, Range - Gas
  • Architecture Style: Other
  • Cooling System: None
  • Floor Covering: Laminate, Tile, Vinyl
  • Rooms: Kitchen

MAP & DIRECTIONS

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1001 W Myrtle Street, Santa Ana, CA 92703
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School Information

1001 W Myrtle Street, Santa Ana, CA 92703

Elementary School
Grades KG-5 | Public School
LOWELL ELEMENTARY SCHOOL
Santa Ana, CA 92703
700 S Flower St
714.­972.6300
Distance: 0.2 mi
School Rating
D-
Student:Teacher Ratio
23:1
Total Students
573
Middle School
Grades 6-8 | Public School
WILLARD INTERMEDIATE SCHOOL
Santa Ana, CA 92706
1342 N Ross St
714.­480.4800
Distance: 1.1 mi
School Rating
D-
Student:Teacher Ratio
22:1
Total Students
559
High School
Grades 9-12 | Public School
SANTA ANA HIGH SCHOOL
Santa Ana, CA 92701
520 W Walnut St
714.­567.4900
Distance: 0.3 mi
School Rating
C-
Student:Teacher Ratio
24:1
Total Students
3323
Other Nearby Schools Distance Type Grades School Rating
Pio Pico Elementary School 0.3 mi Public KG-5 D+
Heninger Elementary School 0.5 mi Public KG-5 D
Nova Academy Early College High School 0.5 mi Public 9-12 B
King Elementary School 0.6 mi Public KG-5 C
Carver Elementary School 0.7 mi Public KG-3 B
Reach Academy 0.7 mi Public 6-12 D-
Heroes Elementary School 0.7 mi Public KG-5 C-
Franklin Elementary School 0.7 mi Public KG-5 C+
Martin Elementary School 0.7 mi Public KG-5 B
Lathrop Intermediate School 0.8 mi Public 6-8 D+
Edward B. Cole Academy 0.9 mi Public KG-5 C+
Advanced Learning Academy 0.9 mi Public 3-12 C+
Orange County Educational Arts Academy 0.9 mi Public KG-8 C+
Storybook Preschool 0.9 mi Private KG
El Sol Santa Ana Science And Arts Academy 1.0 mi Public KG-8 B+
Lorin Griset Academy 1.0 mi Public 9-12 D-
Ocsa 1.0 mi Public 7-12 A
Wilson Elementary School 1.1 mi Public KG-5 B-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Santa Ana, CA 92703

Median Age: 35.1
Married: 56%
Number of Households: 13,959
Households with Children: 46.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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