Under Contract

620 N Cambridge Street

Orange, CA 92867
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Bed 8

Bed

Bath 5

Bath

SqFt3,323

Sqft

SqFt8,711

Sqft(Lot)

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 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 si gnificantly 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,100,000

AD Id : 80335649

MLS Id : PW26123522

Beds : 8

Lot Size : 8,711 Sqft

Living Area Size : 3,323

Year Built : 1951

Garage : 2

County : Orange

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1951 Building Area Total: 3,323
  • Pool Features

    None

    Laundry Features

    Inside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2
  • Lot Size Source: Assessor Lot Size Square Feet: 8711

  • Listing Price Information

    Original List Price: 2,100,000 Listing Contract Date: 2026-06-05
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 38624121 Tax Year: 2026 Annual Tax: 22804

  • Rental Info

    Lease Term: Negotiable Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: OTO - Old Towne Orange Directions: Walnut Ave & Cambridge St Source Property Type: Residential Income Area: OTO - Old Towne Orange Property SubType: Duplex
  • Building and Construction

    Property Age: 75 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: Street Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
812 N Mallard, Orange, CA, 92867 $1,450,000 7 5 3,189 3,189 SqFt
716 N Mallard, Orange, CA, 92867 $1,680,000 7 4 3,187 3,187 SqFt
1908 E Rose Avenue, Orange, CA, 92867 $1,299,000 7 3 2,870 2,870 SqFt

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ByOwner last updated this listing 06/18/2026 @ 05:49

MLS: PW26123522 LISTED BY: Daniel Gomez, Younglewin Advisors, Inc. 562-318-0215 SOURCE: CRMLS

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