3317 W Camille Street, Santa Ana, California 92704, Santa Ana, 92704 - bed, bath
ACTIVE$1,550,000
3317 W Camille Street, Santa Ana, California 92704
0Bed
0Bath
4,200Sqft
14,200Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multiple Income-Generating Units: The property features four separate houses on one lot, providing diversified rental income streams and significant investment potential for a landlord or developer.
Top Cons:
Restricted Access for Due Diligence: The 'Drive By Only, Do Not Disturb Tenants' clause severely limits a buyer's ability to inspect the property's interior condition, assess necessary repairs, or verify unit layouts, posing a significant risk.
Compared to the nearby listings
Price:$1.55M vs avg $935.0K (+$615,000)95%
Size:4,200 sqft vs avg 1,491 sqft97%
Price/sqft:$369 vs avg $6403%
More Insights
Built in 1969 (56 years old).
Condition: The property was built in 1969, making it 55 years old. The listing explicitly states 'Drive By Only, Do Not Get Out And Do Not Disturb Tenants' and mentions 'Super Low Rents.' This strongly indicates that the interiors, including kitchens and bathrooms, are severely outdated and likely in need of substantial repairs and rehabilitation. Without interior access or photos, it's reasonable to assume major components like plumbing, electrical, and HVAC systems are either original or very old, requiring significant investment to bring them to modern standards. The exterior images show older, modest homes consistent with the build year, but do not suggest recent updates or renovations. This aligns with the 'Poor' condition criteria, which describes properties requiring substantial repairs and rehabilitation, often with major components needing replacement due to age and lack of recent renovation.
Year Built
1969
Close
-
List price
$1.55M
Original List price
$1.6M
Price/Sqft
$369
HOA
-
Days on market
-
Sold On
-
MLS number
PW23198014
Home ConditionPoor
Features
Patio
View-
About this home
4 Houses On A Huge 0.354 Acre Lot. Drive By Only, Do Not Get Out And Do Not Disturb Tenants. Only 10 Times Gross With Current Super Low Rents. 4 Houses with Total 10 bedrooms, 5 Bathroom and 5 car garage. This property has 2 different addresses: 3317 and 3319 Cam W Camille St Santa ana Ca 92704. Lot 60 Ft X 236 Ft.
Condition Rating
Poor
The property was built in 1969, making it 55 years old. The listing explicitly states 'Drive By Only, Do Not Get Out And Do Not Disturb Tenants' and mentions 'Super Low Rents.' This strongly indicates that the interiors, including kitchens and bathrooms, are severely outdated and likely in need of substantial repairs and rehabilitation. Without interior access or photos, it's reasonable to assume major components like plumbing, electrical, and HVAC systems are either original or very old, requiring significant investment to bring them to modern standards. The exterior images show older, modest homes consistent with the build year, but do not suggest recent updates or renovations. This aligns with the 'Poor' condition criteria, which describes properties requiring substantial repairs and rehabilitation, often with major components needing replacement due to age and lack of recent renovation.
Pros & Cons
Pros
Multiple Income-Generating Units: The property features four separate houses on one lot, providing diversified rental income streams and significant investment potential for a landlord or developer.
Substantial Lot Size: A generous 0.354-acre (14,200 sqft) lot offers considerable space for potential expansion, additional development (e.g., ADUs), or enhanced outdoor amenities.
Significant Rental Upside: The current 'super low rents' indicate a strong opportunity for a new owner to increase income and improve the capitalization rate, making it attractive for value-add investors.
Ample Parking/Storage: The presence of a 5-car garage is a valuable asset, especially for a multi-unit property, providing convenience for tenants or additional storage space.
Multiple Addresses: Having two distinct addresses (3317 and 3319 W Camille St) could offer flexibility in property management, utility billing, or potential future property division.
Cons
Restricted Access for Due Diligence: The 'Drive By Only, Do Not Disturb Tenants' clause severely limits a buyer's ability to inspect the property's interior condition, assess necessary repairs, or verify unit layouts, posing a significant risk.
Suboptimal Current Rental Income: While offering upside, the 'super low rents' mean the property is currently underperforming financially, requiring immediate strategic management and potential tenant turnover to realize its full income potential.
Age of Structures: Built in 1969, the houses are over 50 years old, suggesting potential for deferred maintenance, outdated systems (plumbing, electrical), and the need for significant capital expenditures for renovations to maximize value and rental appeal.