2001 W Myrtle, Santa Ana, California 92703, Santa Ana, 92703 - 0 bed, 0 bath
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2001 W Myrtle
Santa Ana, California 92703
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,500Sq Ft
6,970Lot Size
Property Price
LIST PRICE$1,650,000
SUMMARY
Analysis of 2001 W Myrtle, Santa Ana, California 92703 is currently available with a list price of $1,650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1957, this 67-year-old property is functional but dated. While the listing notes recent remodels to 50% of the bathrooms and 33% of the kitchens, the remaining units and exterior systems—including window AC units and older garage doors—require further updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Rental Income
The property boasts 100% occupancy with a robust gross monthly income of $13,050, providing immediate and stable cash flow for investors.
- Recent Capital Improvements
Significant upgrades including remodeled kitchens, bathrooms, and new water heaters reduce near-term maintenance costs and enhance tenant retention.
- Desirable Unit Composition
The uniform layout of six 2-bedroom, 1-bathroom units caters to high-demand rental needs in the Santa Ana market, ensuring long-term stability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 7160.
- Aging Infrastructure
Originally constructed in 1957, the building may require ongoing maintenance or future upgrades to core systems like plumbing and electrical.
- High Density on Small Lot
With six units situated on a 6,970 square foot lot, the property may face challenges regarding tenant privacy and limited on-site parking availability.
About 2001 W Myrtle
**Excellent 6-Unit Investment Opportunity – Priced Right to Sell!** Well-maintained apartment building featuring **6 spacious units**, all with **2 bedrooms and 1 bathroom**. Located in a **high-demand rental area** with **100% occupancy** and **current gross rental income of approximately $13,050 per month**. Recent improvements include **3 fully remodeled bathrooms, 2 remodeled kitchens, and new water heaters**. Quality long-term tenants, strong cash flow, and an excellent location close to shopping, dining, schools, and major freeways. **Priced right to sell—don't miss this outstanding investment opportunity!**
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1957
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,500 | 3,375 |
| Lot Size | 6,970 | 32,619.333 |
| Price | $1.65M | $2.32M |
| Price per sq ft | $367 | $914 |
| Built year | 1957 | 1976 |
| HOA | $0 | $476 |
| Days on market | 37 | 118 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,650,000
$1,400,000
+18% Price Increase
Initial Listing
Price Change
Aug 3, 2026
$1,400,000
Initial Listing
Sold
Sep 29, 2014
$895,000
Public Record
Sold
Jul 28, 1997
$70,000
Public Record