For more information regarding the value of a property, please contact us for a free consultation.
1917 W Myrtle Santa Ana, CA 92703
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,400,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC26031669
Year Built 1957
Lot Size 7,156 Sqft
Property Sub-Type Apartment
Property Description
Presenting 1917 West Myrtle Street, a six-unit multifamily investment opportunity located in the highly desirable Casa Bonita neighborhood of Santa Ana, California. The property consists entirely of spacious two-bedroom units and benefits from a comprehensive renovation program completed in 2021, positioning the asset as a low-maintenance acquisition with modernized infrastructure and interiors. The 2021 capital improvement program included full electrical upgrades with new main and sub-panels, along with new copper plumbing throughout the property. Unit interiors feature luxury vinyl plank flooring, renovated bathrooms with tub-to-ceiling tile surrounds, glass niches, vessel sinks, updated fixtures, and shower valves. Kitchens were upgraded with quartz countertops, barn-style sinks, cabinetry, garbage disposals, and a full appliance package. Additional improvements include windows, interior and security doors, upgraded hardware throughout, electronic garage motors with digital keypads, new perimeter fencing, and private patios for select ground-floor units. With the majority of capital improvements already completed, investors are well-positioned to focus on revenue growth rather than future capital expenditures, making this an attractive light value-add opportunity. Ideally located less than 2.5 miles from Downtown Santa Ana and the 4th Street Market, 1917 West Myrtle Street offers tenants convenient access to major employment centers, retail, dining, and entertainment. Nearby amenities include Santa Ana College, MainPlace Mall, and the OC Streetcar line, while immediate access to the I-5 and CA-22 freeways provides strong regional connectivity throughout Orange and Los Angeles Coun¬ties. With modernized unit interiors, durable in-place income, and a clear path to income growth, 1917 West Myrtle Street presents investors with a compelling opportunity to acquire a well-maintained, post-renovation multifamily asset in one of Orange County's most supply constrained rental submarkets.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Heating Wall Furnace
Laundry In Kitchen
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Gutter(s)
Roof Type Common Roof
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Read Less

Bought with Justin Butler Kirklen Investment Group
NEARBY SCHOOLS & BUSINESSES


