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3,726 sqft

$1,468,088

1001 W Myrtle, Santa Ana CA, 92703

Price per sqft$394.01
Built in1987
Property size3,726 sqft
Property typeResidential

Overview

Active

Listed Oct 6, 2026

Updated 37 min ago

TWO DETACHED BUILDINGS (1001 & 1003 W. MYRTLE — SOLD TOGETHER) • THREE RENTAL UNITS • ONE LARGE LOT • A versatile investment opportunity • STRONG Existing Rental Income — Stable Tenants • HIGH VALUE — Unusually strong income for its unit count, currently over $92,600 in Net Operating Income (NOI), over 6% CAP Rate, with over $107,700 in annual gross income, plus potential additional laundry and garage income • LARGER BUILDING — One of the MOST COMPETITIVELY PRICED small multifamily properties by $/SF • ONE OF THE LARGER LOTS among comparable properties — approximately 9,583 SF, PROVIDING substantially more land • 5 garages / plus additional parking spaces on the LOT • Documented ADU / VALUE-ADD potential — Stamped plans available for review • AMPLE LAND + Multiple avenues for FUTURE value creation • RARE DETACHED MULTIFAMILY CONFIGURATION — No shared walls, No one ABOVE OR BELOW, providing PRIVACY • Stong tenant appeal & Rental demand • Separate utility meters • LIVE IN ONE • RENT THE OTHERS • OR INVEST FOR CASH FLOW • COMPLETELY REMODELED IN 2022 — New EVERTHING: Double pane windows, flooring, kitchen cabinets, countertops, bathroom vanities and tubs • 10 ROOMS • 4 FULL BATHS • 3 FULL KITCHENS • Existing garage structures provide a documented pathway for potential future ADU conversion • Please see Supplements for permits, plans and supporting documentation. • Prime Central Location Strategically positioned • CLOSE to Tustin and Orange borders, with convenient access to major freeways, employment centers, shopping, dining, and schools Virtually staged / AI - generated images SHOWING: Tenant Occupied — DRIVE-BY ONLY. Showings by appointment upon receipt of a complete offer package.

$9,767/mo

Est. mortgage payment based on a $1,468,088 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26209173

Interior Features

Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$12,906
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Listed by Carmen Abram Tawfik, T.N.G. Real Estate Consultants, CA DRE 01983282

Listing Contact: 714-403-1797 

Based on information from the CRISNet MLS as of 10/8/2026, 7:26 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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