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    1003 W Myrtle St Santa Ana, CA 92703

    For Sale
    $1,590,000

    Single Family Residence - Santa Ana, CA

    Type:Single Family Residence
    Property size:
    3,043 SF
    Lot size:
    9,583.00 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1003 W Myrtle St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room, Loft
    Bedrooms
    7
    Bathrooms
    3
    APN
    00824142
    Parking
    14
    Parking features
    Garage, Oversized
    Interior features
    2 Staircases, Granite Counters, Open Floorplan, Quartz Counters, Storage, Parking, Carbon Monoxide Detector(s)
    Exterior features
    Fence, Community Features Included: Curbs, Sidewalks, 2-5 Units/Acre
    Fencing
    Fenced
    Appliances
    Range, Range - Gas
    Size
    3,043 SF
    Lot size
    9,583.00 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1986
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Laminate, Tile, Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    TNG Real Estate Consultants (714) 203-8555 [email protected]

    Listing agent Carmen Abram Tawfik (714) 987-3310 License #01983282

    Listing date Nov 6, 2025

    MLS# PW25125649 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Investment Property with ADU Plans

    This multifamily property in Santa Ana, CA, presents a turnkey investment opportunity with significant income potential. The property features approved plans and a building permit for an Accessory Dwelling Unit (ADU), which will be transferred at no additional cost. The property currently generates a solid income, with potential for an increased cap rate. Reliable tenants are already in place, paying average market rent. The property features nine spacious rooms, seven full baths, three full kitchens, and a five-car garage, with a total of 14 parking spots on a large 10,000 square foot lot. There are two buildings, separately metered for gas, electric, and water, each with different mailing addresses, being sold together as they share the same parcel. Major remodeling was completed in 2022 for all buildings, including new windows, new flooring, and new kitchen and bathroom cabinets. The original front single-family residence, built in 1936, is a single story with two beds, one full bath, and front, side, and backyard access. In 1986, the back house SFR was built and split into two residences from the inside. The property includes a big backyard and side yard separated for more privacy. The property is centrally located, close to downtown, transportation, schools, shopping, parks, and major freeways 22, 5, and 57. The property is located in a strong rental market in Southern California. The city of Santa Ana is a historic city with a vibrant downtown located in Orange County. The property offers approximately $107,000+ annual income from day one based on current rents, with room for upside through rent increases. Additional rent of approximately $40,000 annually is possible from the ADU. The original front house was built in 1936 and major remodeling was done in 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.878735
    Latitude
    33.742002

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    FAQs

    What type of property is this?
    Triplex - Solid income property with approved ADU plans in Santa Ana.
    Where is this triplex located?
    The property is located at 1003 W Myrtle St Santa Ana, CA.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: - Turnkey Investment: $107,000+ annual income, potential for 8% CAP rate, plus $40,000 annually from ADU.; - Approved ADU Plans & Building Permit: Transferred at no cost, contractor info available.; - Nine spacious rooms, SEVEN Full Baths, 3 Full Kitchens & 5 car garage, 14 parking spots on a 10,000 sqft lot.
    (714) 987-3310
    Request Owner's contact information
    1003 W Myrtle St Santa Ana, CA 92703
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    Santa Ana, CA 92703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1003 W Myrtle St Santa Ana, CA 92703
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