Property Details
About this Property
A prime investment opportunity at 611 and 613 W Walnut in Orange, California. Located just minutes from Chapman University, these two standalone homes—each featuring 2 bedrooms and 2 bathrooms—offer stable rental income in a high-demand student housing market. The homes are fully leased, with 611 W Walnut bringing in $3,150 monthly and 613 W Walnut achieving a strong $3,425 monthly rent, showcasing the property's upside potential. The below-market rent at 611 highlights a clear path for future income growth, while the higher rent at 613 sets the benchmark for what both homes can achieve. Both units cater perfectly to Chapman students seeking privacy, modern amenities, and proximity to campus. Situated on a quiet, permit-only parking street with updated features and strong rental appeal, these properties are easy to lease and ideal for hands-off ownership. With stabilized tenants, consistent demand from Chapman’s growing student population, and the proven rent performance of 613, this offering provides a compelling mix of immediate income and future upside. Whether you're a seasoned investor or looking to break into the Orange market, 611 and 613 W Walnut deliver the kind of reliable returns and appreciation potential that make for a smart long-term hold.
MLS Listing Information
MLS #
CROC25121417
MLS Source
California Regional MLS
Days on Site
49
Interior Features
Bedrooms
Ground Floor Bedroom
Appliances
Other
Fireplace
None
Laundry
Other
Cooling
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
Orange Unified
High School District
Orange Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
611 W Walnut Ave is a Single Family Residence in Orange, CA 92868. This 792 square foot property sits on a 3,524 Sq Ft Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $1,249,000 and was built in 1947. This address can also be written as 611 W Walnut Ave, Orange, CA 92868.
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This listing information is up-to-date as of July 13, 2025. For the most current information, please contact Jacob Neal
