611 W Walnut Avenue, Orange CA 92868 (Off Market)

For Sale, USD 1,249,000


611 W Walnut Avenue, Orange CA 92868,

Property Type : Single Family Home

Property Style : N/A

Build Size : 792 ft² / 74 m²

Land Size : N/A

Bedroom : 2

Bathroom : 1

Half Bathroom : 0

MLS#: N/A


Property Description

A prime investment opportunity at 611 and 613 W Walnut in Orange, California. Located just minutes from Chapman University, these two standalone homes"each featuring 2 bedrooms and 2 bathrooms"offer stable rental income in a high-demand student housing market.The homes are fully leased, with 611 W Walnut bringing in $3,150 monthly and 613 W Walnut achieving a strong $3,425 monthly rent, showcasing the property's upside potential. The below-market rent at 611 highlights a clear path for future income growth, while the higher rent at 613 sets the benchmark for what both homes can achieve.Both units cater perfectly to Chapman students seeking privacy, modern amenities, and proximity to campus. Situated on a quiet, permit-only parking street with updated features and strong rental appeal, these properties are easy to lease and ideal for hands-off ownership.With stabilized tenants, consistent demand from Chapman's growing student population, and the proven rent performance of 613, this offering provides a compelling mix of immediate income and future upside. Whether you're a seasoned investor or looking to break into the Orange market, 611 and 613 W Walnut deliver the kind of reliable returns and appreciation potential that make for a smart long-term hold.
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611 W Walnut Avenue, Orange CA 92868, United States,California,Orange is a 792ft² Orange luxury Single Family Home listed for sale USD 1,249,000. This high end Orange Single Family Home is comprised of 2 bedrooms and 1 baths. Find more luxury properties in Orange or search for luxury properties for sale in Orange.