1001 W Myrtle ST new Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92703
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $454
MLS Listing ID CRPW25031358
Bedrooms 2
Full Baths 1
Originating Board California Regional MLS
Year Built 1931
Lot Size 9,583 Sqft
Property Sub-Type Single Family Home
Property Description
HAS TO BE sold together with 1003 W myrtle - MLS # PW25044739 * 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 $2,780, to 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 the 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. Single Family house in the front of this large lot with front and side yards, total 3 rooms, 2 spacious bedrooms, spacious family/dining room and one full bathroom and kitchen with attached 2 car garage. ** In 2022 MAJOR REMODEL done, new windows, new floors everywhere & completely new kitchen granite countertops w/self-closing & newer appliances. NEW bathroom vanities & tubs. LARGE Lot approx
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Rooms
Dining Room Dining Area in Living Room
Kitchen Microwave,Oven Range - Gas,Oven - Gas
Interior
Cooling None
Flooring Laminate
Fireplaces Type None
Laundry In Laundry Room,Other
Exterior
Parking Features Attached Garage,Private / Exclusive,Garage,Common Parking Area,Off-Street Parking,Parking Area,Common Parking - Public
Garage Spaces 2.0
Pool 31,None
Utilities Available Electricity - On Site
View None
Roof Type Shingle
Building
Story One Story
Foundation Raised
Water Hot Water,District - Public
Others
Tax ID 00824142
Special Listing Condition Not Applicable