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California>Orange County>Pico-Lowell

1003 W Myrtle StreetSanta Ana, CA 92703

For Sale

$1,488,000

Smart Buyer Rebate $14,880

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.

Listed by Carmen Abram Tawfik

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License #01983282

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T.N.G. Real Estate Consultants

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714-403-1797

Last updated June 10, 2026

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Source: CRMLS #PW26125402

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico-Lowell
  • Days on Prevu7
  • Taxes$16,500/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/09/2026
Listed by T.N.G. Real Estate Consultants
$1,488,000

Property Details for 1003 W Myrtle Street

Association

Amenities

  • Community Features: Curbs, Sidewalks

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Building Permit, Repairs Cosmetic, Updated/Remodeled
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1986
  • Common Walls: No Common Walls
  • Entry Location: street

Features

  • Fencing: Fair Condition
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 3,054
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,583
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,583
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $107,700.00
  • Operating Expense: $18,280.00

Taxes

  • Parcel Number: 00824142
  • Tax Annual Amount: $16,500.00

Interior

Features

  • Appliances: Electric Oven, Electric Range, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater
  • Flooring: Laminate, Tile, Vinyl
  • Interior Features: Granite Counters, Multiple Staircases, Open Floorplan, Pantry, Quartz Counters, Storage, Bedroom On Main Level, Loft, Main Level Primary

Other

Features

  • Accessibility Features: Parking

Location

  • Subdivision Name: Other
  • Tax Block: B
  • Tax Lot: 11

Parking

Parking

  • Garage Spaces: 5
  • Garage: Yes
  • Open Parking Spaces: 9
  • Parking Features: Door-Multi, Direct Access, Door-Single, Garage, On Site, Oversized, Public, One Space
  • Parking Total: 14

Utilities

Equipment

  • Electric: Electricity - On Property
  • Laundry Features: Common Area, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1003 W Myrtle Street.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 1003 W Myrtle Street.

What are the annual taxes for 1003 W Myrtle Street?

Annual taxes for this multi-family home are estimated at $16,500.

How does 1003 W Myrtle Street compare to other multi-family homes in Pico-Lowell?

This multi-family home is listed 37% below the average price for multi-family homes in Pico-Lowell and has been on the market for 76 less days than the typical home in this area.

1003 W Myrtle Street is a -bedroom multi-family home for sale in Santa Ana CA 92703. Listed on Prevu for 7 days at $1,488,000. This residence is located in Pico-Lowell. The median listing price for multi-family homes in this area is $1,396,500. Additional amenities include parking. Explore more multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.