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32718459
32718460

1200 W Sycamore, Orange, CA 92868

JN
CA 02097852
Berkshire Hathaway Drysdale
Listed by Berkshire Hathaway Drysdale
$1,499,000
23 days on market
Updated 19 days ago

1200 W Sycamore

Details
APN 03902407
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 5.50%
Buildings 2
Acreage 0.140
Zoning Assessor

Multifamily | 5.50% CAP | 2 Units

Marketing description

1200 W Sycamore presents a rare investment opportunity in the heart of Orange with strong in-place rental income, a newly built 2025 ADU, and consistent demand driven by its prime location near Chapman University and some of Orange Countys largest employment and entertainment hubs. The property currently generates $8,600 per month in rental income, totaling over $103,000 in projected annual gross income. The front house is leased at $6,600 per month beginning July 1, while the detached 2025 ADU generates an additional $2,000 per month. With historically low vacancy and strong rental performance year after year, this property offers immediate cash flow with long-term upside potential. Located in one of Oranges most sought-after rental corridors near Chapman University, the property consistently attracts tenants seeking housing close to campus, helping drive above-market rental demand compared to many traditional single-family rentals. At the same time, the location appeals far beyond the university market with convenient access to CHOC, St. Joseph Hospital, Angels Stadium, Disneyland, OC Vibe, Old Towne Orange, dining, entertainment, and major Orange County freeways. The newly constructed ADU adds flexibility and value by creating multiple income streams and future options for owner occupancy, multigenerational living, or supplemental rental income. This property is ideal for investors seeking stable cash flow in a high-demand rental market, owner-users looking to offset expenses with rental income, or parents wanting to secure housing for a Chapman student while benefiting
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Listing Contacts

JN
CA 02097852
Berkshire Hathaway Drysdale
Listed by Berkshire Hathaway Drysdale

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Additional Information

Name
Jacob Neal
License
02097852
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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