1003 W Myrtle Street new

Santa Ana,CA 92703

$ 1590000

7 Beds

4 Baths

3263 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,263 sqft

Price per Sqft $487

MLS Listing ID CRPW25115762

Bedrooms 7

Full Baths 4

Year Built 1986

Lot Size 9,580 Sqft

Property Sub-Type Detached

Property Description

Ideal for Multi-Generational Living – Comfort, Privacy & Convenience in One Property . Welcome to a rare opportunity in a SAFE neighborhood. This perfectly designed property offers multiple private living spaces and for every generation ** Live in one house and rent the other TWO residences. Rent will pay for your mortgage. Total 3 completely separate, detached residences** Current INCOME $106,500 annually, reliable tenants *Increase it by $40,000 annually with ADU *Even with only a 3% rent increase, your rent is above market average with all the upgrades. Also located in highly desired, safe, high dense rental area / Each house features its own entrance, kitchen, full baths. Located in a family-friendly, quiet neighborhood, minutes from schools, parks, shopping and transit. Key Features: Separate entrances for max privacy / BIG LOT for kids play area ** SEPARATELY metered for gas, electric and water, mailing address:1001-1003 *BUILD an ADU and an addition for the front house, you will end up with FOUR spacious, private residences ** STOP bt my OPEN HOUSE - Seller has APPROVED PLANS from the city & Building PERMIT. Will be TRANSFERRED at NO additional cost (see supplements). Reach Upto 8% CAP rate: One ADU unit (2 beds, 1 full bath) & build an addition (1 bed/1 bath & kitchen)

Location

State CA

County Orange

Interior

Heating None

Cooling None

Flooring Laminate,Tile,Vinyl

Fireplaces Type None

Laundry Laundry Room

Exterior

Garage Spaces 5.0

Pool None

View None

Building

Lot Description Other,Landscaped,Street Light(s)

Story 2

Foundation Slab

Schools

School District Santa Ana Unified

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