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$1,498,000
1003 W Myrtle Street, Santa Ana, CA 92703
7Beds
3Baths
3Days Listed
About This Property
RARE - Cash Flow High Demand - DETACHED MULTI-UNIT WITH STRONG INCOME + DOCUMENTED ADU UPSIDE. Well-positioned investment opportunity in the heart of Santa Ana featuring TWO detached buildings on one lot with separate addresses (1003 & 1001 W Myrtle), Low-maintenance income property. Income & Stability: Currently generating $107,700 in annual gross income with established tenants in place, providing immediate cash flow and reduced turnover risk. The property consists of three residential units across two standalone structures, including a front single-family residence and a detached rear building. All units offer a highly desirable cottage-style layout with no shared walls a rare configuration that consistently attracts and retains long-term tenants. Unit Mix: Two (2) 2-bedroom / 1-bath units One (1) 3-bedroom / 2-bath unit . Why This Property Stands Out: Detached units (no shared walls) strong tenant appeal Two separate addresses for added flexibility and functionality Multiple utility meters Proven, stable income stream Documented Value-Add Potential: Existing garage structures offer a clear path to ADU conversion. Seller will provide a complete due diligence package to streamline execution, including: Stamped ADU / garage conversion plans (attached) Permit status and documentation (attached) Site plan and layout Parking mitigation plan (if required) Pro-forma outlining projected income with ADU additions . Centrally located with convenient access to major freeways, employment hubs, many educational institutions such as Santa Ana High School and Lowell Elem
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 7
- Bathrooms
- 3
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 3
- Cumulative Days on Market
- 4
- Original Price
- $1,498,000
Location & Neighborhood
What's nearby 1003 W Myrtle Street, Santa Ana, CA 92703
Nearby Schools
- Lowell School0.2 mi
elementary
- Santa Ana High School0.3 mi
secondary
- James Russell Lowell Elementary School0.3 mi
elementary
Parks & Recreation
- 0.3 mi
- 0.3 mi
Transit Access
- Flower-Chestnut0.1 mi
Bus Stop
- Flower-Myrtle0.1 mi
Bus Stop
- Flower-Walnut0.2 mi
Bus Stop
- 1st-Flower0.3 mi
Bus Stop
- Flower-Richland0.3 mi
Bus Stop
Local Amenities
Coffee & Cafes
- The Den0.6 mi
Dining
- Congregation Ale House0.6 mi
POI data updated 4/8/2026
Santa Ana Market Snapshot
294
Active Listings
$632K
Median Price
74
Avg Days on Market
Last updated: Apr 8, 2026
Listed by
Carmen Abram Tawfik, T.N.G. Real Estate Consultants · 714-403-1797
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,498,000