Strong Cash Flow • Detached Units • ADU Upside • High-Demand Rental Market
Investors, take notice. Opportunities offering this combination of immediate income, tenant STABILITY , and documented expansion potential are exceptionally rare in today’s Orange County market.
This unique multi-unit investment features TWO DETACHED BUILDINGS on one lot with separate addresses (1003 & 1001 W. Myrtle Street), creating a highly desirable cottage-style rental environment that tenants love. Unlike traditional apartment properties, all units enjoy ** privacy with NO SHARED WALLS, resulting in stronger tenant retention and consistent rental demand.
**Immediate Cash Flow From Day One**
Currently generating approximately $107,700 in annual gross income with established tenants already in place, providing immediate revenue and minimizing vacancy risk.
Separate LAUNDRY Room – Additional Cash Income
Owner only pays for Taxes and Insurance
Low maintenance property.
Desirable Unit Mix
Three residential units across two standalone structures:
• Two (2) 2-Bedroom / 1-Bath Units
• One (1) 3-Bedroom / 2-Bath Unit
Significant Value-Add Opportunity
What truly SEPARATES this property from competing investments is the seller’s extensive ADU preparation work.
Existing garage structures present a documented pathway for future ADU conversion, allowing investors to potentially increase rental income and overall property value.
To simplify execution, the seller will provide a comprehensive due diligence package including:
• Stamped ADU/Garage Conversion Plans
• Permit Status and Supporting Documentation
• Site Plans and Property Layout
• Pro Forma Income Projections for Future ADUsPrime Central Location
Strategically positioned in the heart of Santa Ana with convenient access to major freeways, employment centers, shopping, dining, and schools. The property’s central Orange County location continues to support strong tenant demand and long-term rental growth.
Seller is organized, motivated, and prepared. Complete due diligence package available upon request.
Agent is related to sellers.
** Don’t miss this opportunity to acquire a cash-flowing asset with built-in upside in one of Orange County’s most active rental markets.
Showing by appointments upon receiving complete offer package.
Tenant Occupied, Please DRIVE by only.
AGENT: Carmen Abram Tawfik LISTING BROKERAGE: T.N.G. Real Estate ConsultantsInvestors, take notice. Opportunities offering this combination of immediate income, tenant STABILITY , and documented expansion potential are exceptionally rare in today’s Orange County market.
This unique multi-unit investment features TWO DETACHED BUILDINGS on one lot with separate addresses (1003 & 1001 W. Myrtle Street), creating a highly desirable cottage-style rental environment that tenants love. Unlike traditional apartment properties, all units enjoy ** privacy with NO SHARED WALLS, resulting in stronger tenant retention and consistent rental demand.
**Immediate Cash Flow From Day One**
Currently generating approximately $107,700 in annual gross income with established tenants already in place, providing immediate revenue and minimizing vacancy risk.
Separate LAUNDRY Room – Additional Cash Income
Owner only pays for Taxes and Insurance
Low maintenance property.
Desirable Unit Mix
Three residential units across two standalone structures:
• Two (2) 2-Bedroom / 1-Bath Units
• One (1) 3-Bedroom / 2-Bath Unit
Significant Value-Add Opportunity
What truly SEPARATES this property from competing investments is the seller’s extensive ADU preparation work.
Existing garage structures present a documented pathway for future ADU conversion, allowing investors to potentially increase rental income and overall property value.
To simplify execution, the seller will provide a comprehensive due diligence package including:
• Stamped ADU/Garage Conversion Plans
• Permit Status and Supporting Documentation
• Site Plans and Property Layout
• Pro Forma Income Projections for Future ADUsPrime Central Location
Strategically positioned in the heart of Santa Ana with convenient access to major freeways, employment centers, shopping, dining, and schools. The property’s central Orange County location continues to support strong tenant demand and long-term rental growth.
Seller is organized, motivated, and prepared. Complete due diligence package available upon request.
Agent is related to sellers.
** Don’t miss this opportunity to acquire a cash-flowing asset with built-in upside in one of Orange County’s most active rental markets.
Showing by appointments upon receiving complete offer package.
Tenant Occupied, Please DRIVE by only.
Courtesy of T.N.G. Real Estate Consultants. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1003 W Myrtle ST
Santa Ana, CA
Property Details
Price:
$1,488,000
MLS #:
PW26125402
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
69santaanasouthoffirst
Listed Date:
Jun 10, 2026
Total Sq Ft:
3,054
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1986
See this Listing
Schools
Interior
Appliances
GER, GR, EO, ER, GWH, TW, WHU
Cooling
NO
Flooring
TILE, LAM, VINY
Heating
NO
Interior Features
ST, GRNC, OFP, PTRY, _2STR, QTZC
Laundry Features
AR, IR
Levels
A, U
Exterior
Accessibility Features
PK
Common Walls
NCW
Community Features
SDW, CRB
Fencing
FAIR
Garage Spaces
5
Parking Spots
14
Parking Total
14
Roof
SHN
Security Features
SD, COD
Spa Features
NO
View
NO
Financial
Taxes
$16,500
Map
Community
- Address1003 W Myrtle ST Santa Ana CA
- SubdivisionOther (OTHR)
- CitySanta Ana
- CountyOrange
- Zip Code92703
