USACASanta AnaCherrydale (Chdl)1917 W Myrtle St

New

$1,850,000

5 days ago

1917 W Myrtle St, Santa Ana, CA

Name: 1917 W Myrtle St, For Sale in Santa Ana - eXp Realty
Brand: Kirklen Investment Group
SKU: OC26031669
Price: 1850000 USD

Condo

0 Bed

0 Bath

6 Parking

MLS® OC26031669

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

HOA Fees $4,800

Taxes

Days Active 4

Approx. Age 1957

MLS® Number OC26031669

Property Address: 1917 W Myrtle St, Santa Ana, CA, 92703-4320

Average square foot calculated using Size range provided by listing agent.

Description

Presenting 1917 West Myrtle Street, a six-unit multifamily investment opportunity located in the highly desirable Casa Bonita neighborhood of Santa Ana, California. The property consists entirely of spacious two-bedroom units and benefits from a comprehensive renovation program completed in 2021, positioning the asset as a low-maintenance acquisition with modernized infrastructure and interiors. The 2021 capital improvement program included full electrical upgrades with new main and sub-panels, along with new copper plumbing throughout the property. Unit interiors feature luxury vinyl plank flooring, renovated bathrooms with tub-to-ceiling tile surrounds, glass niches, vessel sinks, updated fixtures, and shower valves. Kitchens were upgraded with quartz countertops, barn-style sinks, cabinetry, garbage disposals, and a full appliance package. Additional improvements include windows, interior and security doors, upgraded hardware throughout, electronic garage motors with digital keypads, new perimeter fencing, and private patios for select ground-floor units. The property currently generates $140, 400 in gross annual income ($11, 700 per month), representing a strong 13.18 Gross Income Multiplier (GIM) with meaningful rental upside through rent re-positioning to market. With the majority of capital improvements already completed, investors are well-positioned to focus on revenue growth rather than future capital expenditures, making this an attractive light value-add opportunity. Ideally located less than 2.5 miles from Downtown Santa Ana and the 4th Street Market, 1917 West Myrtle Street offers tenants convenient access to major employment centers, retail, dining, and entertainment. Nearby amenities include Santa Ana College, MainPlace Mall, and the OC Streetcar line, while immediate access to the I-5 and CA-22 freeways provides strong regional connectivity throughout Orange and Los Angeles Coun¬ties. With modernized unit interiors, durable in-place income, and a clear path to income growth, 1917 West Myrtle Street presents investors with a compelling opportunity to acquire a well-maintained, post-renovation multifamily asset in one of Orange County’s most supply constrained rental submarkets.

MLS® NumberOC26031669

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelIn Kitchen

Exposure

Exterior

GarageYes

Approx. Age1957

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 11, 2026List Date

$1,850,000List Price

Dec 8, 2025End Date

$2,150Sold Price

Leased

Dec 1, 2025List Date

$2,150List Price

Commute

Commute

Starting Address

Destination Address

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