Santa Ana, CA 92703,1003 W Myrtle ST
Santa Ana, CA 92703,1003 W Myrtle ST
Santa Ana, CA 92703,1003 W Myrtle ST
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$1,199,000
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5 BD
3 BA
2,231 SqFt
New

1003 W Myrtle ST Santa Ana, CA 92703

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UPDATED:

03/03/2025 01:23 AM

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


MLS Listing IDX PLUS
Listed by Carmen Abram Tawfik • T.N.G. Real Estate Consultants

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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1003 W Myrtle ST