4 Beds
3 Baths
1,700 SqFt
4 Beds
3 Baths
1,700 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $735
MLS Listing ID PW26066361
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1950
Lot Size 6,534 Sqft
Property Sub-Type Single Family Residence
Property Description
This meticulous asset features a 3BR/2BA MAIN HOUSE PLUS A DETACHED GRANNY/STUDIO UNIT delivering an impressive $5,100 PER MONTH IN TOTAL RENTAL INCOME. Located within WALKING DISTANCE TO CHAPMAN UNIVERSITY and the historic Old Towne Orange Circle, this property commands premium rents and boasts a NEAR-ZERO VACANCY HISTORY.
This is a true TURNKEY INVESTMENT with many major capital expenditures already completed, including a NEWER ROOF, and some NEWER PLUMBING (back studio re-piped). The main house has central air/heating and the granny unit has an NEWER AC wall unit as well. The interior reflects pride of ownership, featuring NEWLY INSTALLED (2025) DUAL-PANE WINDOWS nearly throughout (all but the back primary ensuite), refinished original hardwood floors, updated bathrooms, and designer faux-wood blinds.
A strategic EXTERNAL ACCESS LAUNDRY ROOM allows for seamless shared use between both units, while the FINISHED GARAGE INTERIOR—complete with a ceiling fan and wall A/C—offers a versatile space for a workshop studio or private study room. In an area where parking is a premium, this property features an EXPANSIVE DRIVEWAY FOR UP TO 5 CARS, plus a single car garage (currently used for tenant storage).
Whether you are looking for a high-performing addition to your portfolio or a home for you Chapman student to live, this property offers unmatched stability and growth in a PRIME UNIVERSITY CORRIDOR.
Location
State CA
County Orange
Area Oto - Old Towne Orange
Rooms
Main Level Bedrooms 4
Interior
Interior Features All Bedrooms Down, Main Level Primary, Primary Suite
Heating Forced Air
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplaces Type None
Inclusions Washer/Dryer and Refrigerators in Main House and in Studio
Fireplace No
Appliance Dryer, Washer
Laundry Laundry Room
Exterior
Parking Features Driveway, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Schools
School District Orange Unified
Others
Senior Community No
Tax ID 38659113
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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