1003 W Myrtle ST, Santa Ana, CA 92703
1003 W Myrtle ST, Santa Ana, CA 92703
1003 W Myrtle ST, Santa Ana, CA 92703
1003 W Myrtle ST, Santa Ana, CA 92703
1003 W Myrtle ST, Santa Ana, CA 92703
1003 W Myrtle ST, Santa Ana, CA 92703
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$ 1,498,000
Est. payment | /mo

9,583 Sqft Lot


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$ 1,498,000
Est. payment | /mo
Save

9,583 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26072817

Construction Status Building Permit,Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1986

Annual Tax Amount $16,500

Lot Size 9,583 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Zoning R2

Interior

Interior Features Granite Counters, Multiple Staircases, Open Floorplan, Pantry, Quartz Counters, Storage, Bedroom on Main Level, Loft, Main Level Primary

Heating None

Cooling None

Flooring Laminate, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater

Laundry Common Area, Laundry Room

Exterior

Parking Features Door-Multi, Direct Access, Door-Single, Garage, On Site, Oversized, Public, One Space

Garage Spaces 5.0

Garage Description 5.0

Fence Fair Condition

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 14

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Construction Status Building Permit,Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 00824142

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Carmen Abram Tawfik T.N.G. Real Estate Consultants 714-403-1797, DRE #01983282
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1003 W Myrtle ST