1003 W Myrtle Street Santa Ana, CA 92703
Multi-Family (2-4 Units)
MLS #: PW25044739
Courtesy Of TNG Real Estate Consultants
$1,199,000
5 beds
|
3 baths
|
2,231 sq ft
Print property details
Share
Estimated monthly payments:
$5,241/mo.* (recalculate)
Property InformationDescription
HAS TO BE sold together with 1001 W myrtle- MLS # PW25031358
* 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 $6,100, 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.
This multi-family house is split on the inside to 2 units, you can live in one unit and rent the other.
Unit A feels like Single Family attached, it is 2 story, upstairs - downstairs with total 7 rooms, 3 spacious bedrs & loft with 2 open rooms, can be turned to a room & an office & 2 full bath, 3 car garage (detached) ** One bedroom with full bathroom is DOWNSTAIRS.
Unit B is an upstairs unit - total 3 rooms, 2 spacious bedrs, spacious family/dining room, one full bath & kitchen.
** 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.
Over $27,000 in design & city fees paid & included in the purchase price. 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.
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.
* 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 $6,100, 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.
This multi-family house is split on the inside to 2 units, you can live in one unit and rent the other.
Unit A feels like Single Family attached, it is 2 story, upstairs - downstairs with total 7 rooms, 3 spacious bedrs & loft with 2 open rooms, can be turned to a room & an office & 2 full bath, 3 car garage (detached) ** One bedroom with full bathroom is DOWNSTAIRS.
Unit B is an upstairs unit - total 3 rooms, 2 spacious bedrs, spacious family/dining room, one full bath & kitchen.
** 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.
Over $27,000 in design & city fees paid & included in the purchase price. 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.
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.
Features
- Age: 31-40 Years Old
- Amenities: Double Pane Windows
- Appliances: Microwave, Oven - Gas, Range
- Architecture Style: Other
- Cooling System: None
- Floor Covering: Laminate, Tile, Vinyl
- Rooms: Family Room, Living Room, Loft, Office
MAP & DIRECTIONS
School Information
1003 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: 0.3 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 | 0.6 mi | Public | KG-3 | B |
| Heroes Elementary School | 0.7 mi | Public | KG-5 | C- |
| Reach Academy | 0.7 mi | Public | 6-12 | D- |
| Franklin Elementary School | 0.7 mi | Public | KG-5 | C+ |
| Martin Elementary School | 0.8 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 | 0.9 mi | Public | KG-8 | B+ |
| Ocsa | 1.0 mi | Public | 7-12 | A |
| Lorin Griset Academy | 1.0 mi | Public | 9-12 | D- |
| Wilson Elementary School | 1.0 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% |
Santa Ana, CA 92703
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
