714-914-4996

611 W Walnut Avenue,
Orange, CA 92868

$1,224,500

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.

Basic Information

MLS #:
OC25121417

Price:
$1,224,500

Price
(per sq ft):
$794.00

Address:
611 W Walnut Avenue ,
Orange, CA 92868

MLS Area:
OTO - Old Towne Orange

Subdivision:

Property
Type:
Single Family Residence

Days on Market:
123

Status:
Active

Bedrooms:
2

Bathrooms:
2

Full Baths:
2

Size (sq ft):
1,541 sq ft

Lot Size:
3,524 sq ft

Year Built:
1947

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Down

Eating Area:

Laundry:
Inside

Entry Location:
1

Interior Features

Fireplace:
None

Cooling:
Central Air

Heating:

Floor:

Appliances:

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
0 Spaces

Carport:
0 Spaces

Parking:

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Orange Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:

Patio:

View:
None

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
One

Lot Features:
2-5 Units/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Sidewalks

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
BHHS Drysdale Properties , Jacob Neal , 02097852

Co-Listed:

Last
Updated:
10/1/2025 2:28 AM

611 W Walnut Avenue,
Orange, CA 92868