1001-1003 W Myrtle St - Residential Income FOR SALE


Santa Ana, CA 92703- Pico-Lowell
$1,590,000 USD
714-403-1797
1001-1003 W Myrtle St, Santa Ana, CA for Sale
$1,590,000 USD
Residential Income - FOR SALE
1/50
null | 5.43% Cap Rate

1001-1003 W Myrtle St
Santa Ana, CA 92703
Pico-Lowell


HIGHLIGHTS

  • Motivated Seller
  • Up to 4% compensation

OVERVIEW

CREATIVE FINANCING options available. LEASE back OPTION. SELLER FINANCE, Seller may carry existing loan. Any other creative terms welcome! Turnkey Investment Has to be sold with 1001 W Myrtle, they share the same parcel. THREE detached residences. Total TWO buildings STAND ALONE, completely DETACHED. Nine (9) spacious rooms,7 bedrooms, 4 Full Bath, 3 Full Kitchen & 5 car garage. Total 14 parking spots on this HUGE 10,000 lot Turnkey Investment ** STRONG over 5% Cap Rate, Enjoy solid returns $107,000 plus, annual income from day one based on current rents, with room for upside through rent increases. Reach CAP rate - Upto 8% CAP with the NEW ADU ** Reliable tenant already in place, paying over market rent over the past 3 years! THREE Completely separate, detached residences on a HUGE lot 10,000 sq.ft

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

5.43%

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R2

APN/PARCEL ID

008-241-42

ASK ABOUT THIS PROPERTY

Carmen Tawfik AbrahamT.N.G. Real Estate ConsultantsMore Info
714-403-1797

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Carmen Tawfik AbrahamT.N.G. Real Estate ConsultantsMore Info
714-403-1797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.