1003 West Myrtle Street
$1,698,000
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4
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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 to the FRONT HOUSE (pls check supplements) Each house is SEPARATELY metered for gas, electric and water. Currently...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 to the FRONT HOUSE (pls check supplements) 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.
- Listed by Carmen Abram Tawfik • DRE #01983282 • Brokerage DRE #01886242 • T.N.G. Real Estate Consultants
Property Details for 1003 West Myrtle Street
City Postal ID
OC - SANTA ANA (92703)
LISTING UPDATED: 12/06/2024 09:45 AM
Property Details for 1003 West Myrtle Street
Status | Active |
---|---|
MLS # | PW24206655 |
Days on Market | 78 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 2-4 Units |
Year Built | - |
Lot Size | 0.22 AC / 9,583 SF |
County | Orange County |
Building Information for 1003 West Myrtle Street
Stories2Residences-Year Built-Building Size-Lot Size0.22 AC / 9,583 SF
Property Information for 1003 West Myrtle Street
Property History for 1003 West Myrtle Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1003 West Myrtle Street
This home is within Santa Ana Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lowell Elementary School PublicK to 5 | ||
Willard Intermediate School Public6 to 8 | ||
Santa Ana High School Public9 to 12 | ||
Nova Academy Early College High Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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