3711 W Camille Street new Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92704
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,752 sqft
Price per Sqft $355
MLS Listing ID CROC25113189
HOA Y/N No
Year Built 1990
Lot Size 0.320 Acres
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
3711 West Camille Street, a rare and highly desir¬able 4-unit multifamily investment opportunity located in the sought-after Santa Anita neighborhood of Santa Ana, California. Built in 1990, the property consists entirely of (4) spacious three-bedroom townhome-style units, each approximately 1,688 square feet. These well-designed units offer features typically found in single-fam¬ily homes, including private dual-car garages, additional open parking, in-unit washer/dryer hookups, gated entry, and private patios or balconies. Each unit also includes a generous loft space, providing additional living flexibility and enhancing tenant appeal. All units are individually metered for elec¬tricity, water, and gas and include central HVAC systems and individual water heaters, reducing utility costs and simplifying property management. The property currently generates $142,380 in gross annual income, or $11,865 per month, with a current Gross Rent Multiplier (GRM) of 16.86 and clear potential for rental upside through strategic renovations and repositioning. Recent capital improvements include a new roof on one of the two buildings for Camille (2023), two new water heaters, and updated flooring, reflecting continued investment and pride of ownership. Ideally located less than 1.3 miles
Location
State CA
County Orange
Interior
Fireplace No
Laundry Gas Dryer Hookup,Other
Building
Water Public