620 N Cambridge Street
Orange, CA 92867
$2,100,000
About This Home
Just listed in the heart of Old Towne Orange, steps from Chapman University. This turnkey student housing investment offers two structures on one lot delivering immediate stabilized income with built-in demand. The front house has been extensively renovated and thoughtfully reconfigured into a 6 bedroom 4 bathroom layout purpose-built for student occupancy. Improvements include all new plumbing, electrical, kitchens, bathrooms, select new windows, a newer roof, and a newly constructed rear deck. The back unit is a brand new 2024 construction 2 bedroom 1 bathroom ADU built from the ground up. Combined the property offers 8 bedrooms and 5 bathrooms across two structures with 2 garage spaces and 4 driveway parking spots. Current leases include parental guarantees providing investors with surety of income and significantly reduced credit risk. With Chapman University enrollment consistently strong and walkable proximity to campus, this asset benefits from perpetual housing demand and low vacancy risk. A rare opportunity to acquire a stabilized, low maintenance student housing asset in one of Orange County's most supply constrained submarkets.
Property Details
Location
Listed by
Daniel Gomez
Younglewin Advisors, Inc.
MLS# PWGOMDAN
Request Information
Interested in 620 N Cambridge Street? We'd love to help.
Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.