Contact Xavier Gomez
Schedule A Showing
1003 Myrtle Street, Santa Ana, CA 92703
Priced at Only: $1,698,000
For more Information Call
Mobile: 714.478.6676
Address: 1003 Myrtle Street, Santa Ana, CA 92703
Property Photos
Property Location and Similar Properties
- MLS#: PW24206655 ( Duplex )
- Street Address: 1003 Myrtle Street
- Viewed: 5
- Price: $1,698,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1986
- Bldg sqft: 0
- Days On Market: 84
- Additional Information
- County: ORANGE
- City: Santa Ana
- Zipcode: 92703
- Subdivision: Other (othr)
- Provided by: T.N.G. Real Estate Consultants
- Contact: Carmen Abram Carmen Abram
- DMCA Notice
-
DescriptionIn 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.
Features
Accessibility Features
- Parking
Appliances
- Gas & Electric Range
- Gas Range
- Gas Water Heater
- Tankless Water Heater
- Water Heater
Assessments
- Buyer to Verify
Association Fee
- 0.00
Building Area Total
- 3043.00
Commoninterest
- None
Common Walls
- No Common Walls
Cooling
- None
Country
- US
Days On Market
- 147
Current Financing
- Conventional
Electric
- Electricity - On Property
Entry Location
- street
Fencing
- Fair Condition
Fireplace Features
- None
Flooring
- Laminate
- Tile
- Vinyl
Foundation Details
- Concrete Perimeter
Garage Spaces
- 5.00
Heating
- None
Insurance Expense
- 1281.00
Interior Features
- 2 Staircases
- Open Floorplan
- Quartz Counters
- Storage
Laundry Features
- Common Area
- In Garage
- Individual Room
Levels
- One
- Two
- Multi/Split
Lockboxtype
- None
Lot Features
- 2-5 Units/Acre
Netoperatingincome
- 86279.00
Otherexpense
- 500.00
Otherexpensedescription
- misc
Parcel Number
- 00824142
Parking Features
- Direct Garage Access
- Garage
- Garage - Three Door
- Garage - Two Door
- On Site
- Oversized
- Parking Space
- Public
Pool Features
- None
Postalcodeplus4
- 3911
Property Type
- Duplex
Property Condition
- Building Permit
- Fixer
- Repairs Cosmetic
- Repairs Major
- Turnkey
- Updated/Remodeled
Road Frontage Type
- City Street
Roof
- Shingle
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 424529702:CRM
Spa Features
- None
Subdivision Name Other
- Other
Tenant Pays
- All Utilities
- Electricity
- Sewer
- Trash Collection
- Water
Totalactualrent
- 106560.00
Totalexpenses
- 20281.00
Trash Expense
- 0.00
Uncovered Spaces
- 9.00
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
View
- None
Water Source
- Public
Year Built
- 1986
Year Built Source
- Other
Zoning
- R2
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com