1003 W Myrtle Street
Santa Ana, CA 92703
0.22 acres | #PW24206655
Description
You can reach CAP rate 8% and INCREASE your income substantially approx. $40,000 annually by adding ONE ADU 2 bedroom Unit, 1 full bath and Build an addition to the FRONT HOUSE. All PLANS &PERMITS are available (pleases check supplements)
Currently 3 units – 9 rooms, 4 FULL bathrooms & 5 car garage can be turned to 5 units – 12 rooms and 6 bathrooms
IN 1986, BACK house SFR was build 7 rooms & 3 Full Bath, split into 2 units from inside.
Original FRONT single family House, one level, 2 beds & 1 FULL Bath. Sitting on a LARGE Lot approx 9,583 sq.ft
** In 2022 MAJOR REMODEL for both houses was done, new windows, new floors everywhere & kitchen & bathroom cabinets
* Each house is SEPARATELY metered for gas, electric and water
Seller has APPROVED PLANS from the city & Building PERMIT, over $27,000 in design & city fees paid & included in the purchase price. The permit will be TRANSFERRED to the buyer.
Currently leased to reliable tenants at above-market rates, this property ensures immediate income for prospective buyers.
GREAT INVESTMENT. SELLERS will consider all offers.
* 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.
Must see in person to appreciate the flow and floor plan.
PROPERTY VIDEO available, rental cash flow – please request it.
Property Details
- InteriorMultipleStaircases, OpenFloorplan, QuartzCounters, Storage, BedroomOnMainLevel
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Lot DescriptionTwoToFiveUnitsAcre
- FoundationConcretePerimeter
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,698,000
- MLS #PW24206655
- MLS #PW24206655
- Taxes Annual$18,500
- Cost1698000
- Utility SourcePublic
- CountyOrange
- Property SubtypeDuplex
- SubdivisionOther
- Acres0.22
- Year Built1986
- Stories2
- Parking Spaces5
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Carmen Abram Tawfik (#PWTAWFCAR)
Listing Office: T.N.G. Real Estate Consultants (#PB18025)
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