CA > Santa Ana
Santa Ana, CA 92703,1003 W Myrtle ST
Santa Ana, CA 92703,1003 W Myrtle ST
Santa Ana, CA 92703,1003 W Myrtle ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
8
Jul
Wed
9
Jul
Thu
10
Jul
Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Carmen Abram Tawfik • T.N.G. Real Estate Consultants
$1,590,000
Est. payment /mo
9,583 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25125649

Year Built 1986

Lot Size 9,583 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

CREATIVE FINANCING options available. LEASE OPTION. SELLER FINANCE, Seller may carry existing loan. Any other creative terms welcome! Turnkey Investment ** STRONG 5% Cap Rate, Enjoy solid returns $107,000+ annual income from day one based on current rents, with room for upside through rent increases. ** Reliable tenant already in place, paying over market rent over the past 3 years! THREE Completely separate, detached residences. Total TWO buildings STAND ALONE, completely DETACHED. SEPARATELY metered for gas, electric and water. Each has its own mailing address: 1001 and 1003 W Myrtle. Nine (9) spacious rooms, 4 Full Bath, 3 Full Kitchen & 5 car garage. Total 14 parking spots on this HUGE 10,000 lot ** In 2022 MAJOR REMODEL for ALL buildings was done, NEW windows, NEW floors everywhere, NEW kitchen & bathroom cabinets. You can ADD ** an ADU in the 3-car garage and build an addition to the front house in the 2-car garage. You will end up with FOUR completely detached, separate residences, bringing in ADDITIONAL rent approx. $40,000 annually only from ** ADU** Seller has APPROVED PLANS from the city & Building PERMIT for ADU (see supplements) Will be TRANSFERRED at NO additional cost. Reach CAP rate - Upto 8% CAP. IN 1986, BACK house SFR was build split into

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Rooms

Kitchen Other, Oven Range - Gas

Interior

Heating No Heating

Cooling None

Flooring Laminate

Laundry In Laundry Room, Laundry Area

Exterior

Parking Features Attached Garage, Garage, Common Parking Area, Parking Area, Common Parking - Public, Room for Oversized Vehicle

Garage Spaces 14.0

Pool 31, None

View None

Roof Type Shingle

Building

Story One Story

Water Hot Water, District - Public

Others

Tax ID 00824142

Special Listing Condition Not Applicable

Read Less Info
MLS Listing IDX PLUS
© 2025 MLSListings Inc. All rights reserved.

GET MORE INFORMATION

agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Sharad Gupta, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
QUICK SEARCH
There are 23 quick searches