1001 W Myrtle, Santa Ana, CA 92703

• 7 beds |
• 4 baths

Property Description

TWO DETACHED BUILDINGS (1001 & 1003 W. MYRTLE SOLD TOGETHER) THREE RENTAL UNITS ONE LARGE LOT A versatile investment opportunity STRONG Existing Rental Income Stable Tenants HIGH VALUE Unusually strong income for its unit count, currently over $92,600 in Net Operating Income (NOI), over 6% CAP Rate, with over $107,700 in annual gross income, plus potential additional laundry and garage income Strong in-place rental income, even within a rent-regulated area LARGER BUILDING One of the MOST COMPETITIVELY PRICED small multifamily properties by $/SF ONE OF THE LARGER LOTS among comparable properties approximately 9,583 SF, PROVIDING substantially more land 5 garages / plus additional parking spaces on the LOT Documented ADU / VALUE-ADD potential Stamped plans available for review AMPLE LAND + Multiple avenues for FUTURE value creation RARE DETACHED MULTIFAMILY CONFIGURATION No shared walls, No one ABOVE OR BELOW, providing PRIVACY Stong tenant appeal & Rental demand Separate utility meters LIVE IN ONE RENT THE OTHERS OR INVEST FOR CASH FLOW COMPLETELY REMODELED IN 2022 New EVERTHING: Double pane windows, flooring, kitchen cabinets, countertops, bathroom vanities and tubs 10 ROOMS 4 FULL BATHS 3 FULL KITCHENS Existing garage structures provide a documented pathway for potential future ADU conversion Please see Supplements for permits, plans and supporting documentation. Prime Central Location Strategically positioned CLOSE to Tustin and Orange borders, with convenient access to major freeways, employment centers, shopping, dining, and schools Virt

Listing Status:

Active

Date Added:

October 6, 2026

Data Last Updated:

October 9, 2026 at 2:11AM

Listing Office:

T.N.G. Real Estate Consultants : 714-987-3310

Listing Agent:

Carmen Abram Tawfik : 714-403-1797

MLS ID:

PW26209173

Interior

• A/C: N/K
• Heating: N/K

Exterior

• General: N/K
• Pool: N/K

Construction

• General: 1 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Assessor00824142

Financial

• Source: California Regional MLS