611 W Walnut Avenue, Orange, CA 92868

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Glen Henderson

[email protected] +1(619) 889-7646

$1,249,000

Est. payment - /mo

4 Beds

4 Baths

3,524 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID OC25121439

Bedrooms 4

HOA Y/N No

Lot Size 3,524 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange

Property Description

We are pleased to present a prime investment opportunity at 611 and 613 W Walnut in Orange, California. Located just minutes from Chapman University, these two standalone homeseach featuring 2 bedrooms and 2 bathroomsoffer 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 Chapmans 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.
We are pleased to present a prime investment opportunity at 611 and 613 W Walnut in Orange, California. Located just minutes from Chapman University, these two standalone homeseach featuring 2 bedrooms and 2 bathroomsoffer 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 Chapmans 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.

Location

State CA

County Orange

Area Oc - Orange (92868)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Lot Size Range 1-3999 SF

Level or Stories 1 Story

Others

Monthly Total Fees $45

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,150

Listing Terms Cash, Conventional, Exchange

CFD/Mello-Roos Fee $540

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Listed by Jacob Neal • BHHS Drysdale Properties

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

611 W Walnut Avenue Orange, CA 92868

Glen Henderson

Key Details

Location

Building

Others

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