611 W Walnut Avenue, Orange, CA 92868 - Berkshire Hathaway HomeServices California Properties
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611 W Walnut Avenue, Orange, CA 92868

$1,249,000 Approx. USD 2 beds, 1 baths
792 sqft
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Listing Agent


Jacob Neal | jacob.neal@bhhsdrysdale.com
Lic#: 02097852
Broker: Courtesy of BHHS Drysdale Properties

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active Under Contract
MLS# OC25121417
Price: $1,249,000
HOA Fee is $0.00
Beds: 2
Baths: 1 (1 full)
None fireplaces
Built in 1947
792 sqft
1 story
0.08 acres
Lot size: 0.0809
County: Orange
Interior features: All Bedrooms Down
Lot description: TwoToFiveUnitsAcre
Heating/cooling: Central Air
MLS area: OTO - Old Towne Orange

Last Updated: 6/6/2025

 Days On Market (DOM): 7

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This listing belongs to the OTO - Old Towne Orange MLS area

Lat/Long: 33.795369, -117.858912.
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Source: CRM. Also Available in OC25121439,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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