#PW24223714, Bart Smith, Listing Office: RVP Realty Inc.

1001 W Myrtle St Santa Ana, CA 92703
Property details
About 1001 W Myrtle St
HAS TO BE sold together with 1003 W myrtle – MLS # PW25044739 * Each house is STAND ALONE & SEPARATELY metered for gas, electric and water. Add an extra unit - ADU - Seller has APPROVED PLANS from the city & Building PERMIT, to add an ADU, for additional income. Permit will be TRANSFERRED at NO additional cost (see supplements) Upto 8% CAP rate & INCREASE your income substantially approx. $40,000 annually by adding another ADU unit (2 bedrs, 1 full bath) & build an addition to the FRONT HOUSE. Currently leased for $2,780, to reliable tenants at above-market rates, this property ensures immediate income for prospective buyers. Total RENT $8,880/month (from ALL 3 units), can be increased by another $3,450/month with the ADU. Currently $106,500 annual income, from ALL 3 units. Even with only a 3% rent increase - you will end up with over $3,500 additional rent each consecutive year. Single Family house in the front of this large lot with front and side yards, total 3 rooms, 2 spacious bedrooms, spacious family/dining room and one full bathroom and kitchen with attached 2 car garage. ** In 2022 MAJOR REMODEL done, new windows, new floors everywhere & completely new kitchen granite countertops w/self-closing & newer appliances. NEW bathroom vanities & tubs. LARGE Lot approx 9,583 sq.ft, provides plenty of additional parking, upto 9 cars (can bring additional rent income) Gate for privacy. Whether you're looking for a multiple families residence, an investment opportunity, or a place to call home while renting out the other units, this income generating duplex offers endless possibilities. One of the strongest rental markets in So Cal. The City of Santa Ana is a historic city w/ vibrant downtown located in OC. South of First st, close to Flower, Bishop & Bristol st. * CENTRALLY located, close to MAJOR fwy 22,5,57. Plenty of activities, Bowel museum, Discovery science, Outlet mall w/ indoor skate Over $27,000 in design & city fees paid & included in the purchase price. Must see to appreciate the flow & floor plan. Virtually staged. Please DO NOT go direct & disturb tenants. Offers subject to interior inspection. Pls request PROPERTY VIDEO & rental cash flow.
Highlights
Summary
- MLS Number: PW25031358
- MLS Name: CRMLS
- Office Name: T.N.G. Real Estate Consultants
- Office Phone: (714) 403-1797
- Listing Agent: Carmen Abram Tawfik
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 4/12/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$469,000
1001 W Myrtle St
$5,569
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 02, 2022 | Home Sold | $1,000,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,040,400 | $12,569 |
2023 | $1,020,000 | $12,258 |
2022 | $273,647 | $3,993 |
2021 | $268,282 | $3,908 |
2020 | $265,532 | $3,907 |
2019 | $260,326 | $3,715 |
2018 | $255,222 | $3,715 |
2017 | $250,218 | $3,681 |
History based on county public records data.
Nearby schools
2
Lowell Elementary School
Public District KG-5
0.2 mi
•700 S Flower St
3
Pio Pico Elementary School
Public District KG-5
0.3 mi
•931 Highland St
3
Heninger Elementary School
Public District KG-5
0.5 mi
•417 W Walnut St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,667. The majority of Santa Ana, CA residents have income between $35k-100k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1001 W Myrtle St
This home is located at 1001 W Myrtle St in Santa Ana, CA and zip code 92703 in the Pico-Lowell neighborhood. This 1,032 square foot home, which was built in 1931, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $469,000.
Over 36 listings were sold over their listed price in March 2025 in Santa Ana, CA. In the same period over 37 listings were sold below the listed price and 12 listings were sold for the listed price. Between February and March 2025, Santa Ana, CA real estate market has seen increase in the number of listings by 7.1%. While the average time on the market in March 2025 was 32 days, the median list price was $890,800.