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1001-1003 W Myrtle St 9,583 SF Specialty Building Offered at $1,590,000 at a 5.43% Cap Rate in Santa Ana, CA 92703

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INVESTMENT HIGHLIGHTS

Motivated Seller

Up to 4% compensation

EXECUTIVE SUMMARY

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

Marketing Brochure/Flyer

PROPERTY FACTS

Price	$1,590,000	Building Class	B
Price Per SF	$165.92	Lot Size	0.22 AC
Sale Type	Investment	Building Size	9,583 SF
Cap Rate	5.43%	No. Stories	2
Sale Conditions	1031 Exchange Lease Option	Year Built/Renovated	1986/2022
Property Type	Specialty	Parking Ratio	0.94/1,000 SF
Property Subtype	Residential Income
Zoning	R2 - R-2 zoning is a zoning district for medium density residential areas that can include single-family homes, duplexes, and secondary residential units.

Price	$1,590,000
Price Per SF	$165.92
Sale Type	Investment
Cap Rate	5.43%
Sale Conditions	1031 Exchange Lease Option
Property Type	Specialty
Property Subtype	Residential Income
Building Class	B
Lot Size	0.22 AC
Building Size	9,583 SF
No. Stories	2
Year Built/Renovated	1986/2022
Parking Ratio	0.94/1,000 SF
Zoning	R2 - R-2 zoning is a zoning district for medium density residential areas that can include single-family homes, duplexes, and secondary residential units.