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1003 W Myrtle Street - 1001, Santa Ana, CA 92703

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For Sale

$1,698,000

7 beds • 4 baths • 3,043 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $558.00
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

IN 1986, BACK house SFR (5 bedrs & 3 Full B) with 2 interior units was build. Original FRONT single family House (2 beds & 1 Full B) build 1931, sitting on a LARGE Lot approx. 9,583 sq.ft ** In 2022 MAJOR REMODEL for both houses was done. You can reach CAP rate 8% and INCREASE your income substantially approx.$40,000 annually, BY ADDING an ADU & build on an addition to FRONT house. Currently you have 7 bedrooms, 5 car garage. You can have (5 extra rooms) by adding 3 more bedrooms & converting 2 rooms** Each house is SEPARATELY metered for gas, electric and water ** Building PERMIT has been issued. Seller has approved PLANS from the city to ADD living space and a bath to the FRONT HOUSE. And to convert the 3 garages in the back HOUSE to a 2 bedroom ADU ** YOU CAN END UP with FOUR spacious units on This LARGE lot * Currently we have TWO HOUSES with a PRIVATE gate for more privacy and security * BOTH HOUSES have NEW Paint, double-pane windows, floors w/ baseboard everywhere & light fixtures. NEW tub, vanity & toilet. NEW kitchen cabinets, countertops, plumbing fixtures ** FRONT house is one level w/ 2 bedrs & one FULL bath, full kitchen & 2 ATTACHED car garage ** BACK house is a 2 story house with 3 car garage, inside there are TWO SEPARATE units with SEPARATE stairs ** Unit ONE (can be 5 bedrooms) consists of TWO story, 2 detached garage ** DOWNSTAIRS has a LARGE open floor plan with one bedroom, one FULL bath, spacious living area that opens to the full kitchen, completely remodeled w/cabinets, pull-outs & self-closing w/quartz counters. Kitchen has a sliding window that opens to a big patio ** UPSTAIRS has 2 bedrs, one FULL Bath, an OPEN area that can be an additional (one room) or office and a BIG LOFT that can be an additional (one room) **Unit TWO, is an upstairs unit w/ 2 bedrs, one FULL bath, SPACIOUS entrance to living area & kitchen & 1 detached car garage. NEW tankless water heater. ** OVERSIZED LOT for additional parking (can fit 6-9 extra cars) CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJOR freeways 22,5,57. DO NOT go direct, do not disturb tenants. Offers subject to interior inspection. GREAT INVESTMENT. MOTIVATED SELLERS. Over $27,000 in design & city fees paid & included in the purchase price. The permit will be TRANSFERRED to the buyer AS-IS ** ALL Tenants are on month to month lease and paying Excellent rent - MARKET Value. Must see in person to see the flow and floor plan. PROPERTY VIDEO available.
MLS# PW24206655

Courtesy Of TNG Real Estate Consultants

(714) 987-3310

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Dock
  • Appliances
    Range, Range - Gas
  • Architecture Style
    Other
  • Cooling System
    None
  • Floor Covering
    Laminate, Tile, Vinyl
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 1003 W Myrtle Street - 1001, Santa Ana, CA 92703

Home seller CENTURY 21 Village Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Village Realty

(626) 355-1451
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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