3711 W Camille St - Apartments FOR SALE


Santa Ana, CA 92704- Santa Anita Park
$2,400,000 USD
949-202-7255
3711 W Camille St, Santa Ana, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/13
null | 4.19% Cap Rate

3711 W Camille St
Santa Ana, CA 92704
Santa Anita Park


HIGHLIGHTS

  • 1990 Construction
  • First Time On Market In 25+ Years
  • 100% Three-Bedroom Townhome Floorplans Apx. 1688 Sqft. Each
  • Projected ± 17% Rental Upside
  • Individually Metered For Gas, Electric, and Water – Minimal Ownership Expenses
  • Amenities Include: Garage Parking Spaces, Open Parking Spaces, Gated Access, Security Screen Doors, HVAC Systems, Private Patios and/or Balconies

OVERVIEW

The Kirklen Investment Group is pleased to present 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 16.86 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. *Drive-by only. Please do not walk the property or disturb the residents. To request the Offering Memorandum, contact the Listing Agent directly via email, phone, or text.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

4

PRICE/UNIT

$600,000

CAP RATE

4.19%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3711 W Camille Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

144-301-05

ASK ABOUT THIS PROPERTY

Justin ButlerKirklen Investment GroupMore Info
949-202-7255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Justin ButlerKirklen Investment GroupMore Info
949-202-7255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.