6,089 Sqft Lot
6,089 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26106490
HOA Y/N No
Year Built 1954
Lot Size 6,089 Sqft
Property Sub-Type Single Family Residence
Property Description
Ideally located just minutes from Chapman University, the property benefits from a long history of strong rental demand and consistently low vacancy. Chapman continues to drive a steady need for off-campus housing, while the property's central Orange location also appeals to professionals seeking convenient access to CHOC Children's Hospital, St. Joseph Hospital, Old Towne Orange, Angels Stadium, Disneyland, OC Vibe, major employment centers, dining, shopping, and multiple freeways.
The newly built 2025 ADU significantly enhances both current income and long-term value. In addition to increasing rental revenue, it provides future flexibility for owner occupancy, multigenerational living, executive housing, or continued supplemental rental income, making the property attractive to both investors and owner-users.
With strong in-place leases, immediate stabilized income, a brand-new ADU, and a location supported by multiple demand drivers, this property offers an exceptional combination of cash flow, appreciation potential, and long-term investment stability. Opportunities to acquire properties with proven rental performance, multiple income streams, and limited maintenance in this highly desirable Orange submarket are increasingly rare.
Some photos have been virtually staged and/or digitally enhanced using Artificial Intelligence (AI) to help illustrate the property's potential layout, design, and use of space. Furnishings, décor, landscaping, colors, finishes, and other elements shown in the images may not reflect the property's current condition. Buyers are encouraged to independently verify all features and inspect the property in person.
Location
State CA
County Orange
Area Oto - Old Towne Orange
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Driveway
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 03902407
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=fzoDkNsirmn
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