1139 W Sycamore Ave - Multi-Family FOR SALE


Orange, CA 92868
$1,050,000 USD
209-642-2292
1139 W Sycamore Ave, Orange, CA for Sale
$1,050,000 USD
Multi-Family - FOR SALE
1/34
null | 5.08% Cap Rate

1139 W Sycamore Ave
Orange, CA 92868


HIGHLIGHTS

  • Very Close to Chapman University
  • Lots of students in the area

OVERVIEW

Fully leased student housing investment near Chapman University. This four bedroom, two bathroom home is rented at $5,700 per month through June 30, 2026. The property is located in one of the most preferred residential pockets near campus with consistent demand and long rental history. Strong walkability to Chapman, Old Towne, and local amenities continues to drive stable occupancy and premium rents in this area. The layout includes four private bedrooms, two baths, a spacious living area, and a two car garage. Investors can add value by exploring an ADU or garage conversion. Many nearby owners have converted the garage space to generate an additional $2,000-$2,500 dollars per month depending on design, finishes, and approvals. This property has been historically rented to Chapman students, although it remains an attractive option for any renter or for a future owner occupant once the current lease ends. The home sits within a sought after neighborhood that maintains strong appreciation and high rental absorption. Financials, lease details, and rent history are available upon request.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$812 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,050,000

CAP RATE

5.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sycamore House

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

039-294-31

ASK ABOUT THIS PROPERTY

Jacob NealBerkshire Hathaway HomeServices Drysdale PropertieMore Info
209-642-2292

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Jacob NealBerkshire Hathaway HomeServices Drysdale PropertieMore Info
209-642-2292

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.