1003 W Myrtle Street Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92703
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,263 sqft
Price per Sqft $487
MLS Listing ID PW25115762
Bedrooms 7
Full Baths 4
Year Built 1986
Property Sub-Type Detached
Property Description
Ideal for Multi-Generational Living Comfort, Privacy & Convenience in One Property . Welcome to a rare opportunity in a SAFE neighborhood. This perfectly designed property offers multiple private living spaces and for every generation ** Live in one house and rent the other TWO residences. Rent will pay for your mortgage. Total 3 completely separate, detached residences** Current INCOME $106,500 annually, reliable tenants *Increase it by $40,000 annually with ADU *Even with only a 3% rent increase, your rent is above market average with all the upgrades. Also located in highly desired, safe, high dense rental area / Each house features its own entrance, kitchen, full baths. Located in a family-friendly, quiet neighborhood, minutes from schools, parks, shopping and transit. Key Features: Separate entrances for max privacy / BIG LOT for kids play area ** SEPARATELY metered for gas, electric and water, mailing address:1001-1003 *BUILD an ADU and an addition for the front house, you will end up with FOUR spacious, private residences ** STOP bt my OPEN HOUSE - Seller has APPROVED PLANS from the city & Building PERMIT. Will be TRANSFERRED at NO additional cost (see supplements). Reach Upto 8% CAP rate: One ADU unit (2 beds, 1 full bath) & build an addition (1 bed/1 bath & kitchen) to the FRONT HOUSE ** In 2022 MAJOR REMODEL done. BIG house at the back is split on the inside to 2 large residences: Unit A feels like Single Family (no common walls), 2 story, upstairs - downstairs with total 5 rooms, 3 spacious bedrs, 2 full bath & loft w/2 open rooms, turn them to 2 rooms , 3 car
Location
State CA
County Orange
Zoning R2
Interior
Flooring Laminate,Linoleum/Vinyl,Tile
Exterior
Parking Features Garage,Garage - Single Door,Garage - Two Door
Garage Spaces 5.0
Fence Good Condition,Privacy
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
Roof Type Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard