Property Detail

Description

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 PERMITTED ATTACHED 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 major capital expenditures already completed, including a NEWER ROOF, NEWER PLUMBING WITH A NEW MAIN LINE (back studio re-piped), upgraded electrical, and central air/heating. The interior reflects pride of ownership, featuring NEW DUAL-PANE WINDOWS nearly throughout (all but the back master), 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 studio or private study room. In an area where parking is a premium, this property features an EXPANSIVE DRIVEWAY FOR UP TO 6 CARS. Whether you are looking for a high-performing addition to your portfolio or a HOUSE-HACKING OPPORTUNITY, this property offers unmatched stability and growth in a PRIME UNIVERSITY CORRIDOR.