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For sale
  • Listed by: T.N.G. Real Estate Consultants • Carmen Abram Tawfik • Contact: 714-987-3310
    $1,488,000

    1003 W Myrtle St, Santa Ana, CA 92703

    7beds
    3baths
    3,054sqft
    : 
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    Multi Family
    Built in 1986
    -- sqft lot
    $1,444,500 Zestimate®
    $487/sqft
    $-- HOA

    What's special

    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 • In 2022 MAJOR REMODEL was done • IN 1986, BACK house SFR was build 7 rooms, 3 Full Bath, 2 Full kitchen, 3 car garage 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. Please see Supplements Showing by appointments upon receiving a complete offer package. Tenant Occupied, Please DRIVE by only.
    46 days
    |
    295
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carmen Abram Tawfik DRE #01983282 714-403-1797,

    T.N.G. Real Estate Consultants

    Source: CRMLS,MLS#: PW26125402MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      Rooms
      • Room types: Bedroom, Kitchen, Loft, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: Bedroom on Main Level
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: Electric Oven, Electric Range, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater
      • Laundry: Common Area, Laundry Room
      Features
      • Granite Counters, Multiple Staircases, Open Floorplan, Pantry, Quartz Counters, Storage, Bedroom on Main Level, Loft, Main Level Primary
      • Flooring: Laminate, Tile, Vinyl
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,054
      • Total interior livable area: 3,054 sqft

      Property

      Parking
      • Total spaces: 14
      • Parking features: Door-Multi, Direct Access, Door-Single, Garage, On Site, Oversized, Public, One Space
      • Garage spaces: 5
      • Uncovered spaces: 9
      Accessibility
      • Accessibility features: Parking
      Features
      • Levels: One,Two
      • Stories: 1
      • Entry location: street
      • Pool features: None
      • Spa features: None
      • Fencing: Fair Condition
      • Has view: Yes
      • View description: None
      Lot
      • Size: 9,583 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 00824142
      • Zoning: R2
      • Special conditions: Standard,Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Shingle
      Condition
      • Building Permit,Repairs Cosmetic,Updated/Remodeled
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Electric: Electricity - On Property
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Other
      Location
      • Region: Santa Ana

      Financial & listing details

      • Price per square foot: $487/sqft
      • Annual tax amount: $16,500
      • Date on market: 6/9/2026
      • Cumulative days on market: 47 days
      • Listing terms: 1031 Exchange
      • Total actual rent: 107700
      • Tenant pays: All Utilities, Electricity, Gas, Insurance, Sewer, Trash Collection, Water

        Estimated market value

        $1,444,500

        $1.37M - $1.52M

        $3,109/mo

        Price history

        DateEventPrice
        6/9/2026Listed for sale$1,488,000-6.4%$487/sqft
        Source: CRMLS #PW26125402 Report a problem
        7/16/2025Listing removed$1,590,000$521/sqft
        Source: SDMLS #PW25115762 Report a problem
        6/23/2025Listed for sale$1,590,000+28809.1%$521/sqft
        Source: SDMLS #PW25115762 Report a problem
        8/19/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/19/2022Price change$5,950-0.8%$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/9/2022Listed for rent$6,000+140%$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/1/2022Sold$5,500$2/sqft
        Source: Agent Provided Report a problem
        6/12/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/7/2022Listed for rent$2,500$1/sqft
        Source: Zillow Rental Manager Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Pico-Lowell

        Getting around

        71 / 100
        Very Walkable
        51 / 100
        Good Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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