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Travis Breton

travisbreton@gmail.com +1(866) 344-7473

Listed by Carmen Abram Tawfik, DRE #01983282 • T.N.G. Real Estate Consultants

$ 1,468,088

Est. payment | -/mo

9,583 Sqft Lot

Save

$ 1,468,088

Est. payment | -/mo

Save

9,583 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26209173

Year Built 1987

Lot Size 9,583 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

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 . Ex

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Rooms

Kitchen Other, Oven Range - Gas, Oven - Electric

Interior

Heating No Heating

Cooling None

Flooring Laminate

Laundry In Laundry Room, Laundry Area

Exterior

Parking Features Attached Garage, Private / Exclusive, Garage, Common Parking Area, Off-Street Parking, Room for Oversized Vehicle

Garage Spaces 14.0

Pool 31, None

View None

Building

Story One Story

Water Hot Water, District - Public

Others

Tax ID 00824142

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(866) 344-7473

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1001 W Myrtle Santa Ana, CA 92703