1003 W Myrtle Street, Santa Ana, CA 92703 - Photo 1 of 30, Santa Ana, CA
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$1,488,000

1003 W Myrtle Street, Santa Ana, CA 92703

T.N.G. Real Estate Consultants
MLS® PW26125402
7Beds
3Baths
0
0Days Listed

About This Property

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. 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

Carmen Abram TawfikT.N.G. Real Estate Consultants714-403-1797MLS® PW26125402

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
0
Cumulative Days on Market
1
Original Price
$1,488,000
MLS® Number
PW26125402

Location & Neighborhood

What's nearby 1003 W Myrtle Street, Santa Ana, CA 92703

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

POI data updated 7/19/2026

Santa Ana Market Snapshot

365

Active Listings

$799K

Median Price

44

Avg Days on Market

Last updated: Jun 9, 2026

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.

$1,488,000