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Orange
92868
92868
W118° 8' 27.9''
N33° 47' 43.2''
Contact Info
Jacob Neal
3014266
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 propertys 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 Chapmans growing student population, and the proven rent performance of 613, this offering provides a compelling mix of immediate income and future upside. Whether youre 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.

611 W Walnut Avenue

Orange, California 92868, United States

  • Bedrooms : 2
  • Bathrooms : 2
  • Square Footage: 3,524 Sqft
$1,224,500
Listing ID#140777
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Basic Details
Property Type : Residential
Listing Type : Active
Listing ID : 140777
Ref ID : 405757267
Price : $1,224,500
Bedrooms : 2
Bathrooms : 2
Square Footage : 3,524 Sqft
Lot Area : 0.08 Sqft
MLS : OC25121417
Office ID : CA326-040
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Agent info
Jacob Neal
Drysdale Properties
Drysdale Properties
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