Property Details
About this Property
RARE - Cash Flow – High Demand - DETACHED MULTI-UNIT WITH STRONG INCOME + DOCUMENTED ADU UPSIDE. Well-positioned investment opportunity in the heart of Santa Ana featuring TWO detached buildings on one lot with separate addresses (1003 & 1001 W Myrtle), Low-maintenance income property. Income & Stability: Currently generating $107,700 in annual gross income with established tenants in place, providing immediate cash flow and reduced turnover risk. The property consists of three residential units across two standalone structures, including a front single-family residence and a detached rear building. All units offer a highly desirable “cottage-style” layout with no shared walls — a rare configuration that consistently attracts and retains long-term tenants. Unit Mix: • Two (2) 2-bedroom / 1-bath units • One (1) 3-bedroom / 2-bath unit . Why This Property Stands Out: • Detached units (no shared walls) — strong tenant appeal • Two separate addresses for added flexibility and functionality • Multiple utility meters • Proven, stable income stream • Documented Value-Add Potential: Existing garage structures offer a clear path to ADU conversion. Seller will provide a complete due diligence package to streamline execution, including: • Stamped ADU / garage conversion plan
MLS Listing Information
MLS #
CRPW26072817
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Kitchen
Pantry
Appliances
Other, Oven - Electric, Oven Range - Electric, Oven Range - Gas
Flooring
Laminate
Cooling
None
Heating
No Heating
Exterior Features
Roof
Shingle
Pool
None
Parking, School, and Other Information
Garage/Parking
Attached Garage, Common Parking - Public, Common Parking Area, Garage, Parking Area, Room for Oversized Vehicle, Garage: 5 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1003 W Myrtle St is a Triplex in Santa Ana, CA 92703. This – square foot property sits on a 9,583 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,498,000 and was built in 1986. This address can also be written as 1003 W Myrtle St, Santa Ana, CA 92703.
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This listing information is up-to-date as of April 06, 2026. For the most current information, please contact Carmen Abram Tawfik
