$1,488,000
1003 W Myrtle Street, Santa Ana CA 92703
Multi-Family (3 Units)
Property type
1 day
On market
$487
Price per sqft
5 cars
Garage
1986
Year built
9,583 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Carmen Abram Tawfik DRE #01983282, T.N.G. Real Estate Consultants
Listing updated: Jun 9, 2026 at 07:42pm.
Last checked: Jun 9, 2026 at 08:00pm
Source: CRMLS #PW26125402
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,850 | $34,200 | $33,960 | Unfurnished |
| 1 | 3 | 1 | — | $3,550 | $42,600 | $43,200 | Unfurnished |
| 1 | 2 | 1 | — | $2,580 | $30,960 | $36,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Ranges: 3
Rent Control: Yes
Units Leased: 2
Total Actual Rent: $107,700
Tenant Pays: All Utilities, Electricity, Gas, Insurance, Sewer, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
13.8x
List Price / Annual Gross Rent
Cap Rate
6.01%
NOI / List Price
Gross Scheduled Income: $107,700
Operating Expense: $18,280
Net Operating Income: $89,420
Annual Operating Expenses
Electric: $0
Furniture Replacement: $0
Fuel: $0
Insurance: $1,280
Trash: $0
Water / Sewer: $0
Other Expense: $500
Interior
Interior Features: Granite Counters, Multiple Staircases, Open Floor Plan, Pantry, Quartz Counters, Storage, Main Floor Bedroom, Loft, Main Level Primary
Room Type: Bedroom, Kitchen, Loft, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Laminate, Tile, Vinyl
Cooling: None
Heating: None
Appliances: Electric Oven, Electric Range, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater
Fireplace: None
Laundry: Common Area, Laundry Room
Accessibility: Parking
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 2
Levels: One, Two
Roof: Shingle
Property Condition: Building Permit, Repairs Cosmetic, Updated Remodeled
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Fencing: Fair Condition
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Garage and Parking
Parking: Door Multi, Direct Access, Door Single, Garage, On Site, Oversized, Public, One Space
Garage Spaces: 5
Uncovered Spaces: 9
Parking Total: 14
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 00824142
Additional Parcels: No
Tax Lot: 11
Zoning: R2
Tax Block: B
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 1003 W Myrtle Street, Santa Ana, CA 92703. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,190,400
Total Interest
$1,518,290
Total Payment
$2,708,690
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,224
per month
Property History for 1003 W Myrtle Street
Santa Ana Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92703.
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