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.
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
Multi Family
Built in 1986
-- sqft lot
$1,444,500 Zestimate®
$487/sqft
$-- HOA
What's special
- 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#: PW26125402
Originating 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
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $1,488,000-6.4%$487/sqft |
Source: | ||
| 7/16/2025 | Listing removed | $1,590,000$521/sqft |
Source: | ||
| 6/23/2025 | Listed for sale | $1,590,000+28809.1%$521/sqft |
Source: | ||
| 8/19/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/19/2022 | Price change | $5,950-0.8%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/9/2022 | Listed for rent | $6,000+140%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/1/2022 | Sold | $5,500$2/sqft |
Source: Agent Provided Report a problem | ||
| 6/12/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/7/2022 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Pico-Lowell
Nearby schools
GreatSchools rating
- 3/10Lowell Elementary SchoolGrades: K-5Distance: 0.2 mi
- 1/10Willard Intermediate SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Santa Ana High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Orange County
- Santa Ana
- 92703
- Pico-Lowell
- 1003 W Myrtle St




