456 N Batavia, Orange, CA 92868

$1,895,000

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List Price
$1,895,000
Status
ACTIVE
MLS#
PW26153372
Year Built
1952
Lot Size
7,555
Acres
0.17
Lot Location
0-1 Unit/Acre
Days on Market
13
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Exceptional student housing investment opportunity located just 0.6 miles from Chapman University in the heart of Old Towne Orange. As one of Southern California's fastest-growing private universities, Chapman's expanding enrollment and affluent student demographic continue to drive sustained demand for high-quality off-campus housing — creating a compelling, recession-resistant investment thesis. The offering consists of an extensively renovated 5-Bedroom/3-Bathroom main residence and a newly constructed 2-Bedroom/1-Bathroom ADU, together capable of generating over $10,000 in monthly gross income. Both units feature high-quality finishes, generous living spaces, and private outdoor areas — commanding features that resonate with Chapman's discerning student population and their families. What makes this offering truly unique is the ability to deliver the property fully vacant at close of escrow — a rare advantage that provides buyers maximum flexibility to occupy, reposition, or lease at current market rents from day one. Whether targeting a Chapman parent looking to house a student while offsetting housing costs, an owner-occupant looking to live in the main house while generating rental income from the ADU, or an investor seeking to establish their own tenant profile, this asset offers an immediate value-add angle seldom found in the student housing market. The property's proximity to campus, combined with easy access to Old Towne Orange's vibrant dining and retail scene, Disneyland, and Angels Stadium, positions 456 N. Batavia as a premier off-campus address with a defensible long-term demand story in one of Orange County's most supply-constrained submarkets.

Additional Information

Taxes
$20,950
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$117,600
Operating Expense
32315

Listing courtesy of Listing Agent: Daniel Gomez (dgomez@younglewin.com) from Listing Office: Younglewin Advisors, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.