3322 W Camille Street
Santa Ana, CA, 92704 $ 1,700,000
Bedrooms13 Baths2.0 Sq 2,788 Monthly Estimate*
$ 11,875
Listed by LE INVESTMENT GROUP
for $1,700,000 with 13 bedrooms and 2 full baths. This 2,788 square foot home was built in 1952 on a lot size of 0.35.
HIGHLIGHTS: Redevelopment Potential With Tremendous Upside / Possible Addition of ADU / Property is Zoned R-2 (Two-family residence). / Redevelopment examples may include Two (2), two-story condominium type duplex with garage. / The Property is currently composed of, (1) two-bedroom front single family residence, (4) rear units which include (1) 2 BDR unit, & (3) 3 BDR Units. / Example Redevelopment (2) townhomes with Three-bedroom units (4 units) + ADU Two-bedroom. Projected CAP Rate: 7.75%+/- / Current leasing rates for three-bedroom units in Santa Ana, range from $2,400 to $3,000, while two-bedroom lease rates range from $1,800-$2,200. / It is essential for buyers to conduct their own due diligence, including consulting with the City of Santa Ana Planning and Building Department. 3322 West Camille St. is a multifamily property located in the city of Santa Ana, CA. Situated on a large .37 acre lot, this property offers ample space and potential for various possibilities. Built in 1949, this multifamily property features a total of five (5) units, catering to a diverse range of tenants. Among the five (5) units, two (2) units are spacious 2-bedroom, 1-bathroom apartments, while the remaining three (3) units boast comfortable 3-bedroom, 1-bathroom layouts. With a mix of unit sizes, this property appeals to a broad market, providing flexibility for investment strategies. The city of Santa Ana has experienced significant growth and development over the years, making it an attractive destination for businesses, residents, and investors.
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FeaturesGeneralSewer PublicSewer
Zoning R3
Garage Spaces 0.0
Pool Features None
Year Built 1952
Stories 1
Levels One
Property SubType Apartment
Gross Income 131820.0
Community Features Sidewalks
County Orange
Net Operating Income 91121.0
Operating Expense 18044.0
Insurance Expense 1680.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions West Camille St.
City Santa Ana
Entry Location Front
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area 699 - Not Defined
Lot Size Square Feet 15246.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Camille
Listing Terms Submit
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 1185.0
Home Warranty Y/N N
Fuel Expense 1185.0
Trash Expense 1185.0
Water Sewer Expense 1185.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 78
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 21
Property Sub Type Additional Apartment
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ExteriorLot Features Item25UnitsAcre
Water Source Public
Total Parking 0.0
Lot Size Area 15246.0
Number of Buildings 3
Spa N
Building Area Total 2788.0
Lot Size Acres 0.35
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesList ByLe Investment GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $11,875
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Santa Ana, CA
Average List Price $1,845,014
Percent of Sale Price 9%
About Santa Ana, CA 331,906 Population
-2% Since 2002
$ 55,844 Median Income
32.48 Median Age
43% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
7/26/2023 | $1,700,000 | | Listed Price |