NOT LISTED FOR SALE
10 Beds
4 Baths
2,788 Sq Ft
0.35 Acres

Last Sold April 18, 2022

Last sale price $1,550,000 $556 Per Sq Ft

62 Days on Market

Highlights

  • 0.35 Acre Lot
  • Front Yard
  • 1-Story Property
  • Fireplace in Bathroom

About This Home

As of April 2022

An excellent opportunity to acquire a 5-unit multifamily building in Santa Ana. Located at 3322 W Camille St, this multifamily asset was built in 1949. It offers (3) 3 bed + 1 bath units and (2) 2 bed + 1 bath units. The building boasts all single story construction on a huge 15,875 square foot lot. Residents of 3322 W Camille St enjoy the property for a combination of reasons including accessibility to quick transportation, quality schools and universities, nearby parks and golf courses, and of course Disney Land/California Adventure theme parks only a few exits down the freeway. The property is walking distance to Chipotle Mexican Grill, KFC, McDonalds, and Starbucks. With a minor investment in fixtures and aesthetics, a significant increase in rental income will be achievable. ?Actual square footage appears to be significantly more than 2,788. Buyer to verify actual square footage.

Last Agent to Sell the Property

Justin White

Justin White License #01267826 Listed on: 11/12/2021

Last Buyer's Agent

Marilu Bailon

PAK HOME REALTY License #01342929

PAK HOME REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 2,788 Sq Ft Home
  • 1-Story Property
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Parking

  • Driveway Level
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Natural Gas Connected
  • Phone Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Tract Number 99
  • Assessor Parcel Number 14428121
  • $984 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,680
  • Other Expense $6,250
  • Professional Management Expense $5,250
  • Trash Expense $2,160
  • Water Sewer Expense $2,580
  • New Taxes Expense $17,930
  • Operating Expense $36,450
  • Gross Income $105,000
  • Net Operating Income $65,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • CapRate: 4.01
  • Other Phone Number: 3107132589
  • Price Per Unit: 326000
  • Professional Management Expense: 5250.00
  • Property Attached: No
  • Road Surface Type: Alley Paved, Maintained
  • Subdivision Name Other: Santa Anita
  • View: No
  • Water Sewer Expenses: 2580.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 14428121
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Bath, Kitchen
  • Levels: One
  • Price Per Square Foot: 555.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Driveway Level, Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2160.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15246.00
  • Lot Size Acres: 0.3500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 105000.00
  • Gross Scheduled Income: 105000.00
  • Insurance Expense: 1680.00
  • Lot Size Area: 15246.0000 Square Feet
  • Net Operating Income: 65400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 36450.00
  • Other Expense: 6250.00
  • Other Expense Description: Misc
  • Rent Control: Yes
  • Total Actual Rent: 8750.00
  • Total Expenses: 36450.00

Tax Info

  • New Taxes Expense: 17930.00
  • Tax Census Tract: 992.49
  • Tax Tract Number: 099...
  • TaxOtherAnnualAssessmentAmount: 984.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $1,550,000 -4.9% $556 / Sq Ft
11/12/2021 11/12/21 For Sale $1,630,000 -- $585 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21247982

California Regional Multiple Listing Service (CRMLS)