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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
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
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
Property Facts
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Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 008-241-42 | Improvements Assessment | $268,673 |
| Land Assessment | $813,759 | Total Assessment | $1,082,432 |
Property Taxes
Parcel Number
008-241-42
Land Assessment
$813,759
Improvements Assessment
$268,673
Total Assessment
$1,082,432
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