3711 W Camille ST 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
MLS Listing ID OC25113189
Year Built 1990
Lot Size 0.320 Acres
Property Sub-Type Quadruplex
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 from Willowick Golf Course, 2.4 miles from Orange Coast 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 employment centers throughout Orange and Los Angeles Counties. Combining strong in-place income, modern amenities, and a premium location, 3711 West Camille Street represents a compelling opportunity for investors seeking both current cash flow and long-term growth.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Washer Hookup,Gas Dryer Hookup
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs,Gutter(s)
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard