CA > Santa Ana
Santa Ana, CA 92703,1003 W Myrtle Street
Santa Ana, CA 92703,1003 W Myrtle Street
Santa Ana, CA 92703,1003 W Myrtle Street
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
Sun
9
Nov
Mon
10
Nov
Tue
11
Nov
Mike Jones

Mike Jones

+1(480) 326-9233
$1,590,000
Est. payment /mo
7 Beds
4 Baths
3,263 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,263 sqft

Price per Sqft $487

MLS Listing ID PW25115762

Bedrooms 7

Full Baths 4

Year Built 1986

Lot Size 9,580 Sqft

Property Sub-Type Detached

Property Description

CREATIVE FINANCING options available. SELLER FINANCE, Seller may carry existing loan. Creative terms welcome! 1001 and 1003, THREE Completely separate, DETACHED residences. Total TWO buildings STAND ALONE, completely DETACHED. Has to be sold with 1001 W Myrtle, they share the same parcel. Nine (9) spacious rooms,7 bedrooms, 4 Full Bath, 3 Full Kitchen & 5 car garage. Total 14 parking spots on this HUGE 10,000 lot. // Ideal for Multi-Generational Living Comfort, Privacy in a SAFE neighborhood. This perfectly designed property offers multiple private living spaces ** Live in one house, rent the other TWO residences. Rent will pay for your mortgage. 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. Reach CAP rate - Upto 8% CAP with NEW ADU ** Reliable tenant already in place, paying over market rent, the past 3 years! SEPARATELY metered for gas, electric and water. Each has its own mailing address: 1001 & 1003 W Myrtle. ** 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. IN 1986, BACK house SFR was build split into 2 residences

Location

State CA

County Orange

Zoning R2

Direction Close to Bristol, McFadden, Flower and First Streets

Interior

Interior Features 2 Staircases, Pantry

Flooring Laminate, Linoleum/Vinyl, Tile

Fireplace No

Appliance Microwave, Electric Oven, Electric Range, Gas & Electric Range, Gas Oven, Gas Range

Exterior

Parking Features Garage, Garage - Single Door, Garage - Two Door

Garage Spaces 5.0

Fence Good Condition, Privacy

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Accessibility Parking

Porch Patio, Slab

Total Parking Spaces 14

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 00824142

Acceptable Financing Cash, Cash To New Loan, Conventional, Exchange

Listing Terms Cash, Cash To New Loan, Conventional, Exchange

Special Listing Condition Standard

Read Less Info
MLS Router / San Diego MLS
Listed by Carmen Abram Tawfik T.N.G. Real Estate Consultants

Get More Information

Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Mike Jones, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

QUICK SEARCH