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.
You are viewing the for at 3322 Camille Street with the MLS® IV23136368 on Previewochomes.com. This at 3322 Camille Street, . 92704 is currently for featuring a 15246 sq.ft. lot and listed for sale at $1,700,000. This for at 3322 Camille Street with the MLS® # IV23136368 has been listed since 2023-07-17.
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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 6:55am PDT. 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, 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 Listed By: Albert Le of LE INVESTMENT GROUP
