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$1,284,000
Est. payment /mo
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25156939
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Berkshire Hathaway Drysdale Properties is pleased to present a prime investment opportunity at 1305 W Beverly, located in the heart of Orange, Californiajust minutes from Chapman University. This 5-bedroom, 2-bathroom home is fully leased through June 30, 2026, generating $6,650 per month in rental income. With a long-term lease in place, the property offers vimmediate cash flow and minimal turnover risk in one of the most desirable off-campus housing zones for Chapman students. The home is thoughtfully configured for student living, offering private bedrooms, spacious shared areas, and a large backyard that creates a strong opportunity for a future ADU addition. A two-car garage adds value and functionality, while the homes location on a street already populated with student rentals ensures ongoing rental demand and investment stability. As Chapman Universitys enrollment continues to growand with underclassmen required to live on campusupperclassman demand for nearby rentals has surged. 1305 W Beverly sits squarely in that target zone, making it an ideal low-maintenance, income-producing property for investors looking to tap into one of Oranges most resilient rental markets. Whether you're expanding your portfolio or entering the student housing space for the first time, this property offers both strong returns and long-term upside.
Location
State CA
County Orange
Zoning Assessor
Direction from Chapman University Head west on University Dr toward Walnut Ave. Turn right onto Walnut Ave. Continue west until you reach
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 03929510
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Listed by Jacob Neal BHHS Drysdale Properties
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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