1001 W Myrtle Street, Santa Ana, CA 92703
-
Listed Price :
$1,848,888
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1931
Property Description
Build in 1988, BACK house was added, with 2 interior units, bringing the property to 3 units, SEPARATELY metered for gas, electric and water. 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 an ADU & build on an addition to FRONT house. Building PERMIT has been issued. Seller has approved plans from the city to add living space and a bath to the FRONT HOUSE. And to convert the 3 garages in the back HOUSE to a 2 bedroom ADU** YOU CAN END UP with FOUR units on one LARGE lot approx. 9,583 sq. ft. ** Currently TWO HOUSES with a PRIVATE gate for more privacy and security. ** BOTH HOUSES have NEW double-pane windows, NEW floors w/ baseboard everywhere in living rooms and bedrooms, NEW bathrooms, NEW tub, vanity & toilet. New kitchen cabinets, countertops, plumbing fixtures. NEW light fixtures. ** FRONT house is one level w/ 2 bedrooms and one FULL bath and a full kitchen with ATTACHED 2 car garage. ** BACK house is a 2 story house with 3 car garage, Inside there are TWO SEPÁRATE units with SEPARATE stairs from inside. BACK HOUSE , has 2 units // Unit ONE (can be 5 bedrooms) , consists of 2 story, DOWNSTAIRS has a LARGE open floor plan with one bedroom, one FULL bathroom, spacious living area that opens to the full kitchen which is completely remodeled w/cabinets, pull-out drawers and self-closing doors, quartz countertops. NEW paint everywhere. Kitchen has a sliding window that opens to a big patio // UPSTAIRS has 2 bedrooms, 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 with 2 bedrooms, one FULL bath, SPACIOUS entrance to living area & kitchen. NEW tankless water heater. BESIDES an OVErSIZED LOT for additional parking (can fit 6-9 extra cars) Each house is SEPARATELY metered.
CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJOR freeways 22,5,57. DO NOT go direct, do not disturb tenants. Standard sale. Please submit offer subject to inspection and cross qualification. GREAT INVESTMENT opportunity. MOTIVATED SELLERS. Over $27,000 in design & city fees paid & are 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 MARKET Value rent. Must see to check the separation, please ASK me for the PROPERTY VIDEO
Interior Features
| Laundry Information |
| Location(s) |
Common Area, In Garage, Laundry Room |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Tile, Vinyl |
| Interior Information |
| Features |
Multiple Staircases, Open Floorplan, Quartz Counters, Storage, Bedroom on Main Level |
| Cooling Type |
None |
Listing Information
| Address |
1001 W Myrtle Street |
| City |
Santa Ana |
| State |
CA |
| Zip |
92703 |
| County |
Orange |
| Listing Agent |
Carmen Abram Tawfik DRE #01983282 |
| Courtesy Of |
T.N.G. Real Estate Consultants |
| List Price |
$1,848,888 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Duplex |
| Structure Size |
N/A |
| Lot Size |
9,583 |
| Year Built |
1931 |
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 Sep 23rd, 2024 at 2:11 AM 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.
