Presenting 1917 West Myrtle Street, a six-unit multifamily investment opportunity located in the highly desirable Casa Bonita neighborhood of Santa Ana, California. The property consists entirely of spacious two-bedroom units and benefits from a comprehensive renovation program completed in 2021, positioning the asset as a low-maintenance acquisition with modernized infrastructure and interiors. The 2021 capital improvement program included full electrical upgrades with new main and sub-panels, along with new copper plumbing throughout the property. Unit interiors feature luxury vinyl plank flooring, renovated bathrooms with tub-to-ceiling tile surrounds, glass niches, vessel sinks, updated fixtures, and shower valves. Kitchens were upgraded with quartz countertops, barn-style sinks, cabinetry, garbage disposals, and a full appliance package. Additional improvements include windows, interior and security doors, upgraded hardware throughout, electronic garage motors with digital keypads, new perimeter fencing, and private patios for select ground-floor units. The property currently generates $140,400 in gross annual income ($11,700 per month), representing a strong 13.18 Gross Income Multiplier (GIM) with meaningful rental upside through rent re-positioning to market. With the maj
MLS #
CROC26031669
MLS Source
California Regional MLS
Days on Site
11
Heating
Wall Furnace
Roof
Other
Garage/Parking
Garage: 6 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 6 | – |
1917 W Myrtle is a Residential Income in Santa Ana, CA 92703. This – square foot property sits on a 7,158 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,850,000 and was built in 1957. This address can also be written as 1917 W Myrtle, Santa Ana, CA 92703.
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This listing information is up-to-date as of February 11, 2026. For the most current information, please contact Justin Butler