3322 West Camile Street

Santa Ana, CA 92704

$1,700,000
Price
5
Beds
5
Baths
2,788 Sq. Ft.
$610 / Sq. Ft.
2,788
Sq. Ft.
$610
per Sq. Ft.

Description

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%+/- /...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. 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.
  1. Listed by ALBERT LE • DRE #01468313 • Brokerage DRE #01923766 • LE INVESTMENT GROUP • 909-256-7889

Property Details for 3322 West Camile Street

Parking Spaces Total
0
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2788
Assessor Parcel Number
144-281-21
Property Attached YN
true

Location

Listing Courtesy of LE INVESTMENT GROUP, ALBERT LE, DRE #01468313
Add your commute
LISTING UPDATED: 10/10/2023 06:13 AM

Property Details for 3322 West Camile Street

StatusActive
MLS #IV23136368
Days on Market283
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
CountyOrange County

Location

Listing Courtesy of LE INVESTMENT GROUP, ALBERT LE, DRE #01468313
Add your commute

Building Information for 3322 West Camile Street

Building/Complex3322 W Camile StFloor-Stories1Residences-Pet Policy-Year Built1952Building Size-

Payment Calculator

$10,835 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$1,557

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3322 West Camile Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $131,820
  • Gross Scheduled Income: $131,820
  • Net Operating Income: $91,121
Expense Details
  • Operating Expense: $18,044
  • Fuel Expense: $1,185
  • Electric Expense: $1,185
  • Insurance Expense: $1,680
  • Professional Management Expense: $4,171
  • Trash Expense: $1,185
  • Water Sewer Expense: $1,185
  • Total Expenses: $34,662
Tax / Assessment Info
  • Tax Tract Number: 281
  • Tax Census Tract: 992.49
  • CFD/Mello-Roos Fee: $1,008
  • Tax Lot: 21
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $3,350
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $5,400
  • Unit Type Pro Forma: 2395
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 3322 West Camile Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3322 West Camile Street

Taxable ValueLand$1,453,500Additions$127,500Total$1,581,000
Tax Record2023$18,687 ($1,557 / month)
Home Facts
Total Finished SqFt2,788 SqFtAbove Grade Finished SqFt2,788 SqFtStories1Lot Size16,006 SqFtStyleMulti-Family Res (5+ Units)Year Built1949CountyORANGEAPN144-281-21

Schools near 3322 West Camile Street

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Edward Russell Elementary School
PublicK to 6

Stephen R. Fitz Intermediate School
Public7 to 8

Los Amigos High School
Public9 to 12

Marie L. Hare High School
Public7 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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3322 West Camile Street is a multi-family home for sale in Santa Ana, CA 92704. This property was listed for sale on July 17, 2023 by LE INVESTMENT GROUP, it's currently listed at $1,700,000. It has been on the market for a total of 283 days and was last sold on April 18, 2022. This listing's school district is Garden Grove Unified School District. Nearby schools include Edward Russell Elementary School, Stephen R. Fitz Intermediate School and Los Amigos High School. 3322 West Camile Street is a 5-bed, 5-bath, 2,788 sqft multi-family home built in 1952.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LE INVESTMENT GROUP, ALBERT LE, DRE #01468313

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.