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 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 chapman’s 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.
Property Type
ResidentialCounty
OrangeStyle
ResidentialAD ID
50007260
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 2
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: All Bedrooms Down
- Fireplace: None
Cooling Features
- Central Air
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1947
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0809
- Lot Size Source: Assessor
- Lot Size Square Feet: 3524
-
Listing Information
Listing Price Information
- Original List Price: 1,249,000
- Listing Contract Date: 2025-05-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 03908308
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: OTO - Old Towne Orange
- Postal Code Plus 4: 2234
- Directions: From Chapman, West Walnut
- Source Property Type: Residential
- Area: OTO - Old Towne Orange
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 78
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 792
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: House
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BuyOwner last updated this listing 06/09/2025 @ 11:00
- MLS: OC25121417
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 2 bedrooms which is recently sold, it has 792 sqft, 3,524 sized lot, and 0 parking. are nearby neighborhoods.