ATTENTION INVESTORS AND SAVVY BUYERS: Secure a high-yield, DUAL-STREAM INCOME PROPERTY in the most resilient rental market in Orange County.
This meticulous asset features a 3BR/2BA MAIN HOUSE PLUS A DETACHED GRANNY/STUDIO UNIT delivering an impressive $5,100 PER MONTH IN TOTAL RENTAL INCOME. Located within WALKING DISTANCE TO CHAPMAN UNIVERSITY and the historic Old Towne Orange Circle, this property commands premium rents and boasts a NEAR-ZERO VACANCY HISTORY.
This is a true TURNKEY INVESTMENT with many major capital expenditures already completed, including a NEWER ROOF, and some NEWER PLUMBING (back studio re-piped). The main house has central air/heating and the granny unit has an NEWER AC wall unit as well. The interior reflects pride of ownership, featuring NEWLY INSTALLED (2025) DUAL-PANE WINDOWS nearly throughout (all but the back primary ensuite), refinished original hardwood floors, updated bathrooms, and designer faux-wood blinds.
A strategic EXTERNAL ACCESS LAUNDRY ROOM allows for seamless shared use between both units, while the FINISHED GARAGE INTERIOR--complete with a ceiling fan and wall A/C--offers a versatile space for a workshop studio or private study room. In an area where parking is a premium, this property features an EXPANSIVE DRIVEWAY FOR UP TO 5 CARS, plus a single car garage (currently used for tenant storage).
Whether you are looking for a high-performing addition to your portfolio or a home for you Chapman student to live, this property offers unmatched stability and growth in a PRIME UNIVERSITY CORRIDOR.
