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$1,498,000
New Listing

1003 W Myrtle Street
Santa Ana, CA 92703

For Sale|Single Family Residence|Active
0
Beds
0
Total Baths
3,054
SqFt
$491
/SqFt
1986
Built
Subdivision:
Other
County:
Orange
Listed by Carmen Abram Tawfik of T.N.G. Real Estate Consultants [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 714-777-7473
Is this the listing for you? We can help make it yours.
714-777-7473
1003 W Myrtle Street1003 W Myrtle Street1003 W Myrtle Street1003 W Myrtle Street
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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 Elementary School and regional amenities, supporting strong and consistent rental demand throughout Orange County. Opportunities offering this COMBINATION of detached layout, in-place income, and documented expansion potential are extremely limited in the Santa Ana market. A large storage / laundry room and 5 Car Garage can be rented for additional income. Virtually staged pictures and furniture. Seller is prepared and ready — a due diligence package available upon request. Seller will be reviewing strong offers as they are received. Opportunities like this won’t last. Act FAST.

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Listing Snapshot
Price 
$1,498,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,054 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1986
MLS® Number 
PW26072817
Status 
Active
Property Tax 
$16,500
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.22
Disclosures 
RentControl
Garage 
Yes
Garage Spaces 
5
Land Lease 
No
Levels 
OneTwo
Number Of Stories 
2
Parking 
Direct AccessGarageOn SiteOversizedOn Street
Parking Spaces 
1
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3054
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
Electric OvenElectric RangeGas RangeGas Water HeaterTankless Water HeaterWater Heater
Fireplace Features 
None
Flooring 
LaminateTileVinyl
Interior 
Granite CountersOpen FloorplanPantryStorageMaster Downstairs
Laundry Features 
Common AreaLaundry Room
Bedroom 
Kitchen 
Living Room 
Loft 
Master Bathroom 
Master Bedroom 
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Exterior Features
Pool Features 
None
Road Frontage 
City Street
Roof 
Shingle
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
street
Community Features 
CurbsSidewalks
Financing Terms Available 
1031 Exchange
MLS Area 
69 - Santa Ana South of First


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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