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Listed by Jacob Neal • BHHS Drysdale Properties
$ 1,975,000
Est. payment | /mo
2,255 SqFt
$ 1,975,000
Est. payment | /mo
2,255 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $875
MLS Listing ID CROC24224094
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1952
Lot Size 7,552 Sqft
Property Description
We are pleased to present this 2-unit student housing investment property located within walking distance of Chapman University in Orange, CA, With Chapman's increasing enrollment and high-income demographics, the demand for nearby off-campus housing has surged, making this property an ideal investment property for student housing investors or parents of Chapman students. The property consists of a fully renovated 5 Bedroom/3 Bathroom main house and a brand-new construction 2 Bedroom/1 Bathroom ADU. Both units are fully leased and generating $10,850 in monthly rent. The proximity to campus, generous living spaces, high-quality finishes, private yard area and easy access to local attractions like Disneyland and Angels Stadium make 456 Batavia a top choice for students, ensuring consistent rental demand and low vacancy rates. Don’t miss the opportunity to secure this sought-after asset in an area where student housing demand shows no signs of slowing down.
Location
State CA
County Orange
Interior
Cooling Central Air
Fireplace No
Laundry Dryer, In Garage, Washer, Inside
Exterior
View None
Building
Water Public
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