Santa Ana, CA 92703,1001 W Myrtle Street
Santa Ana, CA 92703,1001 W Myrtle Street
Santa Ana, CA 92703,1001 W Myrtle Street
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Listed by Carmen Abram Tawfik • T.N.G. Real Estate Consultants
$469,000
Est. payment /mo
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2 BD
1 BA
1,032 SqFt
New

1001 W Myrtle Street Santa Ana, CA 92703

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Daniel Ripper

Daniel Ripper

The Ripper Group

+1(415) 205-6312

UPDATED:

03/03/2025 01:39 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,032 sqft

Price per Sqft $454

MLS Listing ID CRPW25031358

Bedrooms 2

Full Baths 1

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1931

Lot Size 9,583 Sqft

Property Sub-Type Detached

Property Description

HAS TO BE sold together with 1003 W myrtle – MLS # PW25044739 * Each house is STAND ALONE & SEPARATELY metered for gas, electric and water. Add an extra unit - ADU - Seller has APPROVED PLANS from the city & Building PERMIT, to add an ADU, for additional income. Permit will be TRANSFERRED at NO additional cost (see supplements) Upto 8% CAP rate & INCREASE your income substantially approx. $40,000 annually by adding another ADU unit (2 bedrs, 1 full bath) & build an addition to the FRONT HOUSE. Currently leased for $2,780, to reliable tenants at above-market rates, this property ensures immediate income for prospective buyers. Total RENT $8,880/month (from ALL 3 units), can be increased by another $3,450/month with the ADU. Currently $106,500 annual income, from ALL 3 units. Even with only a 3% rent increase - you will end up with over $3,500 additional rent each consecutive year. Single Family house in the front of this large lot with front and side yards, total 3 rooms, 2 spacious bedrooms, spacious family/dining room and one full bathroom and kitchen with attached 2 car garage. ** In 2022 MAJOR REMODEL done, new windows, new floors everywhere & completely new kitchen granite countertops w/self-closing & newer appliances. NEW bathroom vanities & tubs. LARGE Lot approx 9,583 sq

Location

State CA

County Orange

Interior

Cooling None

Flooring Laminate, Tile, Vinyl

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Appliance Gas Range, Microwave

Laundry Laundry Room, Other

Exterior

Garage Spaces 2.0

Pool None

View None

Private Pool false

Building

Story 1

Foundation Raised

Water Public

Schools

School District Santa Ana Unified


Bay East AOR and Contra Costa AOR

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agent

Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

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1001 W Myrtle Street