1003 - 1001 W Myrtle Street

Santa Ana, CA 92703

$1,698,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1986

calendar_month Built

Property Description

IN 1986, BACK house SFR (5 bedrs & 3 Full Bath) including 2 interior units was build. Original FRONT single family House (2 beds & 1 FULL Bath) build 1931, sitting on a LARGE Lot approx 9,583 sq.ft ** In 2022 MAJOR REMODEL for both houses was done. You can reach CAP rate 8% and INCREASE your income substantially approx $40,000 annually by adding ONE ADU (2 bedroom Unit) and Build an addition living space and a bath to the FRONT HOUSE * Each house is SEPARATELY metered for gas, electric and water. Currently there are 3 units (legally 2) * YOU CAN END UP with FOUR spacious units on This LARGE lot. Seller has APPROVED PLANS from the city & Building PERMIT * Now they are TWO HOUSES, 7 bedrooms, 4 FULL bathrooms & 5 car garage. You can have (5 extra rooms) by adding 3 more bedrooms & converting 2 rooms of the existing house. * BOTH HOUSES have NEW Paint, double-pane windows, floors w/ baseboard everywhere & light fixtures. NEW tub, vanity & toilet. NEW kitchen cabinets, countertops, plumbing fixtures ** FRONT house is one level w/ 2 bedrooms & one FULL bath, full kitchen & 2 ATTACHED car garage ** BACK house is a 2 story house with 3 car garage, inside there are TWO SEPARATE units with SEPARATE stairs ** Unit ONE (can be 5 bedrooms) consists of TWO story, 2 detached garage ** DOWNSTAIRS has a LARGE open floor plan with one bedroom, one FULL bath, spacious living area that opens to the full kitchen, completely remodeled w/cabinets, pull-outs & self-closing w/quartz counters. Kitchen has a sliding window that opens to a big patio ** UPSTAIRS has 2 bedrs, one FULL Bath, an OPEN area that can be an additional (one room) or office and a BIG LOFT that can be an additional (one room) **Unit TWO, is an upstairs unit w/ 2 bedrs, one FULL bath, SPACIOUS entrance to living area & kitchen & 1 detached car garage & NO one UNDER. NEW tankless water heater. ** OVERSIZED LOT for additional parking (can fit 6-9 extra cars) & a PRIVATE gate for more privacy and security * CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJOR freeways 22,5,57. DO NOT go direct, do not disturb tenants. Offers subject to interior inspection. GREAT INVESTMENT. MOTIVATED SELLERS. Over $27,000 in design & city fees paid & included in the purchase price. The permit will be TRANSFERRED to the buyer AS-IS ** ALL Tenants are on month to month lease and paying Excellent rent - MARKET Value. Must see in person to see the flow and floor plan. PROPERTY VIDEO available.

Listing Information

List Price $1,698,000
Status Active
MLS PW24206655
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1986
Lot Size 9,583
Structure Size N/A
DOM 1
Courtesy Of T.N.G. Real Estate Consultants
Listing Agent Carmen Abram Tawfik DRE#01983282

Interior Features

Laundry Information
Location(s) Common Area, In Garage, Laundry Room
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Tile, Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Multiple Staircases, Open Floorplan, Quartz Counters, Storage, Bedroom on Main Level
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Carmen Abram Tawfik, T.N.G. Real Estate Consultants . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 5th, 2024 at 3:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.