Exceptional investment opportunity just one block from Chapman University. This property features two fully leased homes generating $11,200 in monthly rental income. The front house offers 3(4) bedrooms and 2 bathrooms, while the grandfathered back house provides 4 bedrooms and 4 bathrooms - a rare setup that maximizes rent potential. Both homes are designed for student living with private bedrooms, multiple bathrooms, and functional layouts that remain in high demand year after year. Located in one of Orange's most desirable student housing corridors, the property benefits from strong, consistent occupancy and proximity to campus, Old Towne Orange, shopping, and dining. With Chapman's continued growth and limited nearby housing supply, 337 / 339 E Everett presents investors with immediate cash flow, long-term upside, and minimal vacancy risk in a proven rental market.