456 N Batavia ST Orange, CA 92868
Active
$1,975,000
2 Units
7 Beds
4 Baths
2,255 Area(sq.ft.)
7,552 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 5 | 3 | No | $ 7,750 | $ 7,750 | $ 7,750 |
| Unit 2 | 1 | 2 | 1 | No | $ 3,100 | $ 3,100 | $ 3,500 |
| 2 | 2 | 7 | 4 | $ 10,850 | $ 10,850 | $ 11,250 |
| MLS #: | OC24224094MR |
| Days On Market: | 47 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 876 |
| Price per unit: | $ 987,500 |
| Year Built: | 1952 |
Property Details
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.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 33,126 |
| Net Operating Income: | $ 94,470 |
| Cap Rate: | 4.78% |
| Actual Gross Rent: | $ 11,250 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central |
| Fireplace Rooms: | Family Room |
| Laundry: | Dryer, Dryer Included, Garage, Inside, Washer, Washer Included |
Exterior
| Pool: | No |
Detailed Map
Schools
Find a great school for your child
Income
