We are pleased to present this 2-unit student housing investment property located within walking distance of Chapman University in Orange, CA, With Chapman's increasing enrollment and high-income demographics, the demand for nearby off-campus housing has surged, making this property an ideal investment property for student housing investors or parents of Chapman students.The property consists of a fully renovated 5 Bedroom/3 Bathroom main house and a brand-new construction 2 Bedroom/1 Bathroom ADU. Both units are fully leased and generating $10,850 in monthly rent. The proximity to campus, generous living spaces, high-quality finishes, private yard area and easy access to local attractions like Disneyland and Angels Stadium make 456 Batavia a top choice for students, ensuring consistent rental demand and low vacancy rates.Don’t miss the opportunity to secure this sought-after asset in an area where student housing demand shows no signs of slowing down.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
11/1/2024
|
|
YEAR BUILT
|
1952
|
COMMUNITY
|
Old Towne Orange
|
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Orange
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Washer |
| AREA |
Old Towne Orange |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down |
| LOT |
7552 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
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Listed with BHHS Drysdale Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/1/24 4:26 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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