Listing provided courtesy of Jacob Neal of BHHS Drysdale Properties. Last updated 2024-11-13 09:20:43.000000. Listing information © 2024 Sandicor.
Asking Price: $1,975,000
456 Batavia, Orange CA 92868
Community: OTO - Old Towne Orange
This Single Family Residence property was built in 1952 and is priced at $1,975,000. Please see the additional details below.
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.
