30
See all 30 photos
$1,498,000
Est. payment /mo
7 Beds
3 Baths
9,583 Sqft Lot
Active
1003 W Myrtle Street Santa Ana, CA 92703
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26072817
Bedrooms 7
Lot Size 9,583 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
RARE - Cash Flow High Demand - DETACHED MULTI-UNIT WITH STRONG INCOME + DOCUMENTED ADU UPSIDE. Well-positioned investment opportunity in the heart of Santa Ana featuring TWO detached buildings on one lot with separate addresses (1003 & 1001 W Myrtle), Low-maintenance income property. Income & Stability: Currently generating $107,700 in annual gross income with established tenants in place, providing immediate cash flow and reduced turnover risk. The property consists of three residential units across two standalone structures, including a front single-family residence and a detached rear building. All units offer a highly desirable cottage-style layout with no shared walls a rare configuration that consistently attracts and retains long-term tenants. Unit Mix: Two (2) 2-bedroom / 1-bath units One (1) 3-bedroom / 2-bath unit . Why This Property Stands Out: Detached units (no shared walls) strong tenant appeal Two separate addresses for added flexibility and functionality Multiple utility meters Proven, stable income stream Documented Value-Add Potential: Existing garage structures offer a clear path to ADU conversion. Seller will provide a complete due diligence package to streamline execution, including: Stamped ADU / garage conversion plans (attached) Permit status and documentation (attached) Site plan and layout Parking mitigation plan (if required) Pro-forma outlining projected income with ADU additions . Centrally located with convenient access to major freeways, employment hubs, many educational institutions such as Santa Ana High School and Lowell Elem
Location
State CA
County Orange
Zoning Other
Direction Closer to Bristol, McFadden, Flower and 1st Streets.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 00824142
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Carmen Abram Tawfik, DRE#01983282 T.N.G. Real Estate Consultants
NEARBY SCHOOL & BUSINESS