1003 - 1001 W Myrtle Street, Santa Ana, CA 92703
-
Listed Price :
$1,698,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1986
Property Description
You can reach CAP rate 8% and INCREASE your income substantially approx. $40,000 annually by adding ONE ADU 2 bedroom Unit, 1 full bath and Build an addition to the FRONT HOUSE. All PLANS &PERMITS are available (pleases check supplements)
Currently 3 units – 9 rooms, 4 FULL bathrooms & 5 car garage can be turned to 5 units – 12 rooms and 6 bathrooms
IN 1986, BACK house SFR was build 7 rooms & 3 Full Bath, split into 2 units from inside.
Original FRONT single family House, one level, 2 beds & 1 FULL Bath. Sitting on a LARGE Lot approx 9,583 sq.ft
** In 2022 MAJOR REMODEL for both houses was done, new windows, new floors everywhere & kitchen & bathroom cabinets
* Each house is SEPARATELY metered for gas, electric and water
Seller has APPROVED PLANS from the city & Building PERMIT, over $27,000 in design & city fees paid & included in the purchase price. The permit will be TRANSFERRED to the buyer.
Currently leased to reliable tenants at above-market rates, this property ensures immediate income for prospective buyers.
GREAT INVESTMENT. SELLERS will consider all offers.
* CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJOR freeways 22,5,57. DO NOT go direct, do not disturb tenants. Offers subject to interior inspection.
Must see in person to appreciate the flow and floor plan.
PROPERTY VIDEO available, rental cash flow – please request it.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, In Garage, Laundry Room |
| Bedroom Information |
| Features |
Bedroom on Main Level |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Tile, Vinyl |
| Interior Information |
| Features |
Multiple Staircases, Open Floorplan, Quartz Counters, Storage, Bedroom on Main Level |
| Cooling Type |
None |
Listing Information
| Address |
1003 - 1001 W Myrtle Street |
| City |
Santa Ana |
| State |
CA |
| Zip |
92703 |
| County |
Orange |
| Listing Agent |
Carmen Abram Tawfik DRE #01983282 |
| Courtesy Of |
T.N.G. Real Estate Consultants |
| List Price |
$1,698,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Duplex |
| Structure Size |
N/A |
| Lot Size |
9,583 |
| Year Built |
1986 |
Listing information courtesy of: Carmen Abram Tawfik, T.N.G. Real Estate Consultants. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 9th, 2025 at 1:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
