Active
3322 W Camille Street
Santa Ana CA, 92704
$1,700,000
$609.76 per sqft
Active
2,788 sqft
Condo
Built in 1952
Listed by ALBERT LE with LE INVESTMENT GROUP 909-256-7889
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.
IV23136368
MLSⓇ ID
July 17, 2023
Listed
May 9, 2024
Updated
Map
3322 W Camille Street
Santa Ana CA, 92704
Interior Features
Total Stories
1
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.35 Acres
Lot Features
2-5 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
699 - Not Defined
Days on Market
78
Garage
No
Parking Total
0
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Zoning
R3
Buyer Agency Compensation
2%
Listing Contact: 909-256-7889
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 12:12 PM UTC