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$2,300,000
Est. payment /mo
12 Beds
12 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25113189
Bedrooms 12
Property Sub-Type Res Income 2-4 Units
Property Description
3711 West Camille Street, a rare and highly desirable 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-family 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 electricity, 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 16.15 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 from Willowick Golf Course, 2.4 miles from Santa Ana College, and under 5 miles from South Coast Plaza, the property appeals to a broad tenant base, including families, professionals, and students. Its proximity to major transportation corridors, including I-405 and CA-22, offers convenient access to key
Location
State CA
County Orange
Zoning Assessor
Direction S Harbor and Camille St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 14430105
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Listed by Justin Butler Kirklen Investment Group
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