1001 W Myrtle, Santa Ana, CA, 92703

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$1,468,088
3 Days On Site

1001 W Myrtle
Santa Ana, CA 92703

For Sale|Single Family Residence|Active
0
Beds
0
Total Baths
3,726
SqFt
$394
/SqFt
1987
Built
Subdivision:
Other
County:
Orange
Listed by Carmen Abram Tawfik of T.N.G. Real Estate Consultants carmenrealestate01@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1001 W Myrtle1001 W Myrtle1001 W Myrtle1001 W Myrtle
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TWO DETACHED BUILDINGS (1001 & 1003 W. MYRTLE — SOLD TOGETHER) • THREE RENTAL UNITS • ONE LARGE LOT • A versatile investment opportunity • STRONG Existing Rental Income — Stable Tenants • HIGH VALUE — Unusually strong income for its unit count, currently over $92,600 in Net Operating Income (NOI), over 6% CAP Rate, with over $107,700 in annual gross income, plus potential additional laundry and garage income • Strong in-place rental income, even within a rent-regulated area • LARGER BUILDING — One of the MOST COMPETITIVELY PRICED small multifamily properties by $/SF • ONE OF THE LARGER LOTS among comparable properties — approximately 9,583 SF, PROVIDING substantially more land • 5 garages / plus additional parking spaces on the LOT • Documented ADU / VALUE-ADD potential — Stamped plans available for review • AMPLE LAND + Multiple avenues for FUTURE value creation • RARE DETACHED MULTIFAMILY CONFIGURATION — No shared walls, No one ABOVE OR BELOW, providing PRIVACY • Stong tenant appeal & Rental demand • Separate utility meters • LIVE IN ONE • RENT THE OTHERS • OR INVEST FOR CASH FLOW • COMPLETELY REMODELED IN 2022 — New EVERTHING: Double pane windows, flooring, kitchen cabinets, countertops, bathroom vanities and tubs • 10 ROOMS • 4 FULL BATHS • 3 FULL KITCHENS • Existing garage structures provide a documented pathway for potential future ADU conversion • Please see Supplements for permits, plans and supporting documentation. • Prime Central Location Strategically positioned • CLOSE to Tustin and Orange borders, with convenient access to major freeways, employment centers, shopping, dining, and schools Virtually staged / AI - generated images SHOWING: Tenant Occupied — DRIVE-BY ONLY. Showings by appointment upon receipt of a complete offer package.

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Listing Snapshot
Price 
$1,468,088
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,726 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1987
MLS® Number 
PW26209173
Status 
Active
Property Tax 
$12,906
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.22
Disclosures 
FamilialRelationRentControl
Garage 
Yes
Garage Spaces 
5
Land Lease 
No
Levels 
OneTwo
Number Of Stories 
2
Parking 
GarageOn SiteOversizedPrivateOn Street
Parking Spaces 
14
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3726
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
Electric CooktopElectric OvenElectric RangeGas RangeTankless Water HeaterWater Heater
Fireplace Features 
None
Flooring 
LaminateTileVinyl
Interior 
Granite CountersOpen FloorplanMaster Downstairs
Laundry Features 
Common AreaLaundry Room
Window Features 
Double Pane Windows
Bedroom 
Family Room 
Kitchen 
Living Room 
Loft 
Master Bedroom 
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Exterior Features
Fencing 
Block
Pool Features 
None
Road Frontage 
City Street
Spa Features 
None
View 
None
Waterview 
None
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
Sidewalks
MLS Area 
69 - Santa Ana South of First
Financing Terms Available 
1031 Exchange
Building Access 
street


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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