Property Details
About this Property
TWO SINGLE FAMILY houses - with total THREE completely separate, detached residences. * The TWO houses are STAND ALONE & SEPARATELY metered for gas, electric and water, each has its own mailing address. Add - ADU - to the big building and build an addition for the front house, you will end up with FIVE residences. ** Seller has APPROVED PLANS from the city & Building PERMIT. Will be TRANSFERRED at NO additional cost (see supplements) Reach CAP rate - Upto 8% CAP / $40,000 annual rent increase with those TWO additions: One ADU unit (2 beds, 1 full bath) & build an addition (1 bed/1 bath & kitchen) to the FRONT HOUSE. Current INCOME $106,500 annually, from ALL 3 residences. $8,880/month - reliable tenants. Increased by another $3,450/month with ADU. Even with only a 3% rent increase - you will end up with over $3,500 additional rent each consecutive year. 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 & bath
MLS Listing Information
MLS #
CRPW24206655
MLS Source
California Regional MLS
Days on Site
182
Interior Features
Appliances
Other, Oven Range - Gas
Flooring
Laminate
Cooling
None
Heating
No Heating
Exterior Features
Roof
Shingle
Foundation
Concrete Perimeter
Pool
None
Parking, School, and Other Information
Garage/Parking
Attached Garage, Common Parking - Public, Common Parking Area, Garage, Parking Area, Room for Oversized Vehicle, Garage: 5 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | 2 |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1003 - 1001 W Myrtle St is a Duplex in Santa Ana, CA 92703. This – square foot property sits on a 9,583 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,668,000 and was built in 1986. This address can also be written as 1003 - 1001 W Myrtle St, Santa Ana, CA 92703.
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This listing information is up-to-date as of March 13, 2025. For the most current information, please contact Carmen Abram Tawfik
