611 W Walnut Avenue

Orange, CA 92868

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,502 Sqft
  • 3524
    Sqft(Lot)
$1,249,000

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 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

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    50007229

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1947
    • Building Area Total: 1,502

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0809
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3524

  • Listing Price Information

    • Original List Price: 1,249,000
    • Listing Contract Date: 2025-05-30

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 03908308

  • Garage and Parking

    • Garage Description: Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: OTO - Old Towne Orange
    • Postal Code Plus 4: 2234
    • Directions: From Chapman University, West on Walnut
    • Source Property Type: Residential Income
    • 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
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 06/09/2025 @ 07:38

  • MLS: OC25121439
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 1,502 sqft, 3,524 sized lot, and 0 parking. are nearby neighborhoods.