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611 W Walnut Avenue, Orange, CA 92868 (MLS # CROC25121417)

Price $1,249,000
Status Active
Beds 2
Baths 1 Bath
Home size 792 sqft
Lot Size 3,525 sqft
Days on Market 5
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(s): Single Family
Last Updated 5/31/2025 Year Built 1947
County Orange

SCHOOLS

School District Orange Unified

Additional Details

FIREPLACE Yes
GARAGE 0
HOA DUES 0
LOT 3524 sq ft
POOL Yes
POOL DESCRIPTION None
STORIES 1
Listing provided by Jacob Neal |BHHS Drysdale Properties
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 6/3/25 4:05 PM PDT.

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