1917 W Myrtle St

Santa Ana, CA 92703

$1,650,000
Price
12
Beds
11
Baths
4,500 Sq. Ft.
$367 / Sq. Ft.
4,500
Sq. Ft.
$367
per Sq. Ft.
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Active Under Contract
Active Under Contract
a view of a house with a backyard and a kitchen
a view of a city
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Description

Presenting 1917 West Myrtle Street, a six-unit multifamily investment opportunity located in the highly desirable Casa Bonita neighborhood of Santa Ana, California. The property consists entirely of spacious two-bedroom units and benefits from a comprehensive renovation program completed in 2021, positioning the asset as a low-maintenance acquisition with modernized infrastructure and interiors. The 2021 capital improvement program included full electrical upgrades with new main and sub-panels, along...Presenting 1917 West Myrtle Street, a six-unit multifamily investment opportunity located in the highly desirable Casa Bonita neighborhood of Santa Ana, California. The property consists entirely of spacious two-bedroom units and benefits from a comprehensive renovation program completed in 2021, positioning the asset as a low-maintenance acquisition with modernized infrastructure and interiors. The 2021 capital improvement program included full electrical upgrades with new main and sub-panels, along with new copper plumbing throughout the property. Unit interiors feature luxury vinyl plank flooring, renovated bathrooms with tub-to-ceiling tile surrounds, glass niches, vessel sinks, updated fixtures, and shower valves. Kitchens were upgraded with quartz countertops, barn-style sinks, cabinetry, garbage disposals, and a full appliance package. Additional improvements include windows, interior and security doors, upgraded hardware throughout, electronic garage motors with digital keypads, new perimeter fencing, and private patios for select ground-floor units. With the majority of capital improvements already completed, investors are well-positioned to focus on revenue growth rather than future capital expenditures, making this an attractive light value-add opportunity. Ideally located less than 2.5 miles from Downtown Santa Ana and the 4th Street Market, 1917 West Myrtle Street offers tenants convenient access to major employment centers, retail, dining, and entertainment. Nearby amenities include Santa Ana College, MainPlace Mall, and the OC Streetcar line, while immediate access to the I-5 and CA-22 freeways provides strong regional connectivity throughout Orange and Los Angeles Coun¬ties. With modernized unit interiors, durable in-place income, and a clear path to income growth, 1917 West Myrtle Street presents investors with a compelling opportunity to acquire a well-maintained, post-renovation multifamily asset in one of Orange County’s most supply constrained rental submarkets.
  1. Listed by Justin Butler • DRE #02092220 • Brokerage DRE #02128238 • Kirklen Investment Group • 949-202-7255

Property Details for 1917 West Myrtle Street

Parking Spaces Total
6
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4500
Assessor Parcel Number
007-342-16
Property Attached YN
true
LISTING UPDATED: 05/15/2026 09:36 AM

Property Details for 1917 West Myrtle Street

StatusActive Under Contract
MLS #OC26031669
Days on Market93
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1957
CountyOrange County
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Location

Listing Courtesy of Kirklen Investment Group, Justin Butler, DRE #02092220
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Building Information for 1917 West Myrtle Street

Building/Complex1917 W Myrtle StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1957Building Size-

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$10,231 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,222

Property Taxes

$2,009

HOA Dues

$0

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Property Information for 1917 West Myrtle Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $143,172
  • Gross Scheduled Income: $143,172
  • Vacancy Allowance: 4295
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $138,877
  • Net Operating Income: $91,296
  • Gross Multiplier: 11.52
  • Cap Rate: 5.53
Expense Details
  • Operating Expense: $47,581
  • Operating Expense Percent: 34.30%
  • New Taxes Expense: $20,128
  • Fuel Expense: $2,709
  • Licenses Expense: $600
  • Pest Control Expense: $1,188
  • Electric Expense: $249
  • Insurance Expense: $6,100
  • Maintenance Expense: $4,800
  • Professional Management Expense: $0
  • Other Expense: $2,100
  • Other Expense Description: Reserves
  • Trash Expense: $5,371
  • Water Sewer Expense: $4,336
  • Total Expenses: $47,581
Tax / Assessment Info
  • Tax Tract Number: 2752
  • CFD/Mello-Roos Fee: $1,656
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Gutters, Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Roof: Common Roof
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 6
Unit 3
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,989
  • Unit Type Total Rent: $11,931
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number With Patio: 3

Property History for 1917 West Myrtle Street

DateEvent & SourcePriceAppreciation
May 15, 2026

Accepting Backup Offers

SDMLS #OC26031669

—
May 15, 2026

Accepting Backup Offers

CLAW #OC26031669MR

—
May 15, 2026

Accepting Backup Offers

CRMLS #OC26031669

—
DateEvent & SourcePrice
05/15/2026

Accepting Backup Offers

SDMLS #OC26031669

—
05/15/2026

Accepting Backup Offers

CLAW #OC26031669MR

—
05/15/2026

Accepting Backup Offers

CRMLS #OC26031669

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1917 West Myrtle Street

Taxable ValueLand$1,857,114Additions$148,569Total$2,005,683
Tax Record2025$24,110 ($2,009 / month)
Home Facts
Total Finished SqFt4,500 SqFtAbove Grade Finished SqFt4,500 SqFtStories2Lot Size7,157 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyORANGEAPN007-342-16

Schools near 1917 West Myrtle Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Abraham Lincoln Elementary School
Public - K to 5
Lydia Romero-Cruz Elementary School
Public - K to 8
Valley High School
Public - 9 to 12
Lorin Griset Academy
Public - 9 to 12
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 5

Lydia Romero-Cruz Elementary School
PublicK to 8

Valley High School
Public9 to 12

Lorin Griset Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kirklen Investment Group, Justin Butler, DRE #02092220

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.