New

$1,488,000

For Sale

19 hours ago

1003 W Myrtle St, Santa Ana, CA

Name: 1003 W Myrtle St, For Sale in Santa Ana - eXp Realty
Brand: T.N.G. Real Estate Consultants
SKU: PW26125402
Price: 1488000 USD

House

MLS® PW26125402

0 Bed

0 Bath

14 Parking

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential Income

Size -

Garage Yes

Taxes $16,500

Days Active 0

Lot Size

Approx. Age 1986

MLS® Number PW26125402

Property Address: 1003 W Myrtle St, Santa Ana, CA, 92703-3911

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

Description

Strong Cash Flow • Detached Units • ADU Upside • High-Demand Rental Market Investors, take notice. Opportunities offering this combination of immediate income, tenant STABILITY , and documented expansion potential are exceptionally rare in today's Orange County market. This unique multi-unit investment features TWO DETACHED BUILDINGS on one lot with separate addresses (1003 & 1001 W. Myrtle Street), creating a highly desirable cottage-style rental environment that tenants love. Unlike traditional apartment properties, all units enjoy ** privacy with NO SHARED WALLS, resulting in stronger tenant retention and consistent rental demand. **Immediate Cash Flow From Day One** Currently generating approximately $107, 700 in annual gross income with established tenants already in place, providing immediate revenue and minimizing vacancy risk. Separate LAUNDRY Room - Additional Cash Income Owner only pays for Taxes and Insurance Low maintenance property. Desirable Unit Mix Three residential units across two standalone structures: • Two (2) 2-Bedroom / 1-Bath Units • One (1) 3-Bedroom / 2-Bath Unit Significant Value-Add Opportunity What truly SEPARATES this property from competing investments is the seller's extensive ADU preparation work. Existing garage structures present a documented pathway for future ADU conversion, allowing investors to potentially increase rental income and overall property value. To simplify execution, the seller will provide a comprehensive due diligence package including: • Stamped ADU/Garage Conversion Plans • Permit Status and Supporting Documentation • Site Plans and Property Layout • Pro Forma Income Projections for Future ADUsPrime Central Location Strategically positioned in the heart of Santa Ana with convenient access to major freeways, employment centers, shopping, dining, and schools. The property's central Orange County location continues to support strong tenant demand and long-term rental growth. Seller is organized, motivated, and prepared. Complete due diligence package available upon request. Agent is related to sellers. ** Don't miss this opportunity to acquire a cash-flowing asset with built-in upside in one of Orange County's most active rental markets. Showing by appointments upon receiving complete offer package. Tenant Occupied, Please DRIVE by only.

MLS® NumberPW26125402

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1986

Basement

DrivewayDoor Multi, Direct Access, Door Single, Garage, On Site, Oversized, Public, One Space

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 9, 2026List Date

$1,488,000List Price

-End Date

Not Sold YetSold Price

For Sale

Apr 5, 2026List Date

$1,498,000List Price

-End Date

Not Sold YetSold Price

For Sale

Apr 5, 2026List Date

$1,498,000List Price

Commute

Commute

Starting Address

Destination Address

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