611 W Walnut Avenue, Orange, CA 92868 - MLS#OC25121439

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,249,000

Est. payment - /mo

4 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC25121439

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Orange

Zoning Assessor

Direction From Chapman University, West on Walnut

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 03908308

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Listed by Jacob Neal BHHS Drysdale Properties

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

611 W Walnut Avenue Orange, CA 92868

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION