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1905 W Myrtle St
Santa Ana, CA 92703
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,500 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Zoning | R3, Santa Ana | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,500 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | R3, Santa Ana |
AMENITIES
UNIT AMENITIES
- Tile Floors
- Granite Countertops
- Range
SITE AMENITIES
- Fenced Lot
- Playground
ABOUT 1905 W MYRTLE ST , SANTA ANA, CA 92703
The Best Deal for Investor. NO RENT CONTROL! Located in a High Demand Area of Rental Apartments in the City Of Santa Ana. Total 6 Units. ALL 2 Bedrooms with 1 Bathroom in Each Unit (Approx. 750 Sq.Ft. Per Unit). Inside 4,501 Sq. Ft. with Lot Size 8,166 Sq. Ft. No Vacancy. 100% Occupancy. Long Term Tenants. Low Maintenance Fee. Current Monthly Rent for Each Unit $ 1,600 / $1,475 / $ 1,450 / $ 1,450 / $ 1,350 / $ 1,600. Pro Forma Monthly Rent Approx. $ 1,700. Current Monthly Gross Income $ 8,925. Annual Gross Rental Income $ 107,100. Current Annual Expenses: $ 22,950 ( Includes Annual Electricity $ 240 / Annual Gas : $ 2,196 / Annual Trash $ 2,184 / Annual Current Insurance $ 1,980 / Annual Current Property Tax : $ 15,600). Annual Net Income : $ 84,150. Current Cap Rate: 5.28% (With Current Existing Property Tax). Total Detached 6 Car Garage Spaces in the Back Yard. Easy Access to Freeways 5, 22 and 57. Close to Schools. Great Property for Investors!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | $2,275 | 750 |
PROPERTY TAXES
| Parcel Number | 007-342-19 | Improvements Assessment | $328,093 |
| Land Assessment | $1,323,310 | Total Assessment | $1,651,403 |
PROPERTY TAXES
