1003 W Myrtle ST new Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92703
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,231 sqft
Price per Sqft $537
MLS Listing ID CRPW25044739
Bedrooms 5
Full Baths 3
Originating Board California Regional MLS
Year Built 1986
Lot Size 9,580 Sqft
Property Sub-Type Duplex
Property Description
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/month, 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 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 un
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Zoning R2
Rooms
Family Room Other
Dining Room Breakfast Bar,Dining Area in Living Room,Other
Kitchen Microwave,Pantry,Oven Range - Gas,Oven - Gas,Oven - Electric
Interior
Heating No Heating
Cooling None
Flooring Laminate
Fireplaces Type None
Laundry In Laundry Room
Exterior
Parking Features Attached Garage,Garage,Common Parking Area,Off-Street Parking,Other,Parking Area
Garage Spaces 3.0
Fence Other,2
Pool 31,None
Utilities Available Electricity - On Site
View None
Roof Type Shingle
Building
Lot Description Grade - Level
Foundation Concrete Slab
Water Hot Water,District - Public
Others
Special Listing Condition Not Applicable