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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
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
- 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 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