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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1001 W Myrtle Santa Ana, CA 92703
$1,468,088 0 beds, 0 baths
0 sqft
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Agent Remarks

TWO DETACHED BUILDINGS (1001 & 1003 W. MYRTLE — SOLD TOGETHER) • THREE RENTAL UNITS • ONE LARGE LOT • A versatile investment opportunity • STRONG Existing Rental Income — Stable Tenants • HIGH VALUE — Unusually strong income for its unit count, currently over $92,600 in Net Operating Income (NOI), over 6% CAP Rate, with over $107,700 in annual gross income, plus potential additional laundry and garage income • Strong in-place rental income, even within a rent-regulated area • LARGER BUILDING — One of the MOST COMPETITIVELY PRICED small multifamily properties by $/SF • ONE OF THE LARGER LOTS among comparable properties — approximately 9,583 SF, PROVIDING substantially more land • 5 garages / plus additional parking spaces on the LOT • Documented ADU / VALUE-ADD potential — Stamped plans available for review • AMPLE LAND + Multiple avenues for FUTURE value creation • RARE DETACHED MULTIFAMILY CONFIGURATION — No shared walls, No one ABOVE OR BELOW, providing PRIVACY • Stong tenant appeal & Rental demand • Separate utility meters • LIVE IN ONE • RENT THE OTHERS • OR INVEST FOR CASH FLOW • COMPLETELY REMODELED IN 2022 — New EVERTHING: Double pane windows, flooring, kitchen cabinets, countertops, bathroom vanities and tubs • 10 ROOMS • 4 FULL BATHS • 3 FULL KITCHENS • Existing garage structures provide a documented pathway for potential future ADU conversion • Please see Supplements for permits, plans and supporting documentation. • Prime Central Location Strategically positioned • CLOSE to Tustin and Orange borders, with convenient access to major freeways, employment centers, shopping, dining, and schools Virtually staged / AI - generated images SHOWING: Tenant Occupied — DRIVE-BY ONLY. Showings by appointment upon receipt of a complete offer package.

Listing Details

Property type: Single Family Residence (Multi-Family)
Status: Active
MLS# PW26209173
List price is $1,468,088
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1987
1 story
0.22 acres
Lot size: 0.2200
Subdivision: Other
County: Orange
Zoning: R2
Interior features: Granite Counters,Multiple Staircases,Open Floorplan,Quartz Counters,Bedroom on Main Level,Loft,Main Level Primary
Appliances: Electric Cooktop,Electric Oven,Electric Range,Gas Range,Tankless Water Heater,Water Heater
Parking description: Door-Multi,Door-Single,Garage,On Site,Oversized,Private,On Street
Lot description: TwoToFiveUnitsAcre
Heating/cooling: None
Heating description: None
MLS area: 69 - Santa Ana South of First

Last Updated: 10/8/2026

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This listing belongs to the 69 - Santa Ana South of First MLS area

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Lat/Long: 33.742057, -117.878767.
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Listing Agent: Carmen Abram Tawfik
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Tustin, CA 92780
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