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In-PersonVirtual Tour
$ 1,499,000
Est. payment | /mo
6 Beds
3 Baths
6,090 Sqft Lot
$ 1,499,000
Est. payment | /mo
6 Beds
3 Baths
6,090 Sqft Lot
Open House
Sun May 17, 11:30am - 1:30pm
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26106490
Bedrooms 6
Lot Size 6,090 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1200 W Sycamore presents a rare investment opportunity in the heart of Orange with strong in-place rental income, a newly built 2025 ADU, and consistent demand driven by its prime location near Chapman University and some of Orange Countys largest employment and entertainment hubs. The property currently generates $8,600 per month in rental income, totaling over $103,000 in projected annual gross income. The front house is leased at $6,600 per month beginning July 1, while the detached 2025 ADU generates an additional $2,000 per month. With historically low vacancy and strong rental performance year after year, this property offers immediate cash flow with long-term upside potential. Located in one of Oranges most sought-after rental corridors near Chapman University, the property consistently attracts tenants seeking housing close to campus, helping drive above-market rental demand compared to many traditional single-family rentals. At the same time, the location appeals far beyond the university market with convenient access to CHOC, St. Joseph Hospital, Angels Stadium, Disneyland, OC Vibe, Old Towne Orange, dining, entertainment, and major Orange County freeways. The newly constructed ADU adds flexibility and value by creating multiple income streams and future options for owner occupancy, multigenerational living, or supplemental rental income. This property is ideal for investors seeking stable cash flow in a high-demand rental market, owner-users looking to offset expenses with rental income, or parents wanting to secure housing for a Chapman student while benefiting
Location
State CA
County Orange
Zoning Assessor
Direction Chapman - Go W on Walnut, N on Batavia, W on Sycamore.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 03902407
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Jacob Neal, DRE#02097852 BHHS Drysdale Properties
Nearby Locations
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