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1316 E Lomita Avenue, Orange
$1,080,000
3 Beds ⋅ 2 Baths ⋅ SB25244773 MLS ⋅ Closed Status
Set back off the street, this home welcomes you into a light and airy space. It's the details that make this home special... a formal foyer; an alcove in the living room that is perfect for a home office; a brick fireplace for cold nights; a formal dining room; a separate laundry room. The kitchen was previously remodeled with granite counters and upgraded cabinetry. The peninsula offers space for casual eating. Brand new laminate floors run through the house including the three bedrooms. The house has been freshly painted and there are new light fixtures throughout. The backyard patio with pergola overlooks the lovely backyard with large plumeria tree and picturesque landscaping. The 2-car detached garage and long driveway offer ample parking. Nestled in a peaceful neighborhood, and located close to schools including Chapman University. Less than 10 minute drive to Angel Stadium and Honda Center. Close to tons of shopping and restaurants.

1316 E Lomita Avenue, Orange

526 N Emerald Drive, Orange
$1,061,000
4 Beds ⋅ 2 Baths ⋅ OC25229053 MLS ⋅ Closed Status
526 N Emerald presents a prime investment opportunity in the heart of Orange, California, just minutes from Chapman University. This four bedroom, two bathroom home is fully leased through June 30, 2026, generating $6,285 per month or $75,420 annually in rental income. At the offered price of $1,090,000, the property reflects a GRM of approximately 14.5 and a projected 5.2 percent CAP rate assuming 25 percent expenses. With a long term lease in place, the asset delivers immediate cash flow, stable returns, and minimal turnover risk in one of Orange’s most desirable student housing corridors. The home is designed with student living in mind, featuring private bedrooms, generous common areas, and a layout well-suited for roommates. Durable finishes and low-maintenance systems ensure straightforward management, while outdoor space adds further appeal for tenants. A major value add opportunity exists through the potential conversion of the garage into an ADU. The current lease already permits an ADU to be built, and similar units in the area typically command $2,000 to $2,500 per month in additional rental income. This presents a clear path for investors to increase returns well beyond the property’s existing performance. Location is a key driver of value. 526 N Emerald sits within walking and biking distance of Chapman University, Dodge College of Film and Media Arts, and Old Towne Orange’s shops and restaurants. With consistent demand and low vacancy, the property is ideally positioned for ongoing rental success. Its quiet residential setting, paired with proximity to major freeways including the 5, 55, and 22, makes it both convenient and highly desirable. With Chapman University’s enrollment growth continuing to outpace the supply of quality off-campus housing, properties like 526 N Emerald remain in high demand. For investors seeking predictable income, stable occupancy, and strong long-term upside, this home offers a rare opportunity to secure a performing student housing asset with built in expansion potential in one of Southern California’s strongest rental markets.

526 N Emerald Drive, Orange

526 N Emerald Drive, Orange
$1,061,000
OC25195596 MLS ⋅ Closed Status
526 N Emerald presents a prime investment opportunity in the heart of Orange, California, just minutes from Chapman University. This four bedroom, two bathroom home is fully leased through June 30, 2026, generating $6,285 per month or $75,420 annually in rental income. At the offered price of $1,090,000, the property reflects a GRM of approximately 14.5 and a projected 5.2 percent CAP rate assuming 25 percent expenses. With a long term lease in place, the asset delivers immediate cash flow, stable returns, and minimal turnover risk in one of Orange’s most desirable student housing corridors. The home is designed with student living in mind, featuring private bedrooms, generous common areas, and a layout well-suited for roommates. Durable finishes and low-maintenance systems ensure straightforward management, while outdoor space adds further appeal for tenants. A major value add opportunity exists through the potential conversion of the garage into an ADU. The current lease already permits an ADU to be built, and similar units in the area typically command $2,000 to $2,500 per month in additional rental income. This presents a clear path for investors to increase returns well beyond the property’s existing performance. Location is a key driver of value. 526 N Emerald sits within walking and biking distance of Chapman University, Dodge College of Film and Media Arts, and Old Towne Orange’s shops and restaurants. With consistent demand and low vacancy, the property is ideally positioned for ongoing rental success. Its quiet residential setting, paired with proximity to major freeways including the 5, 55, and 22, makes it both convenient and highly desirable. With Chapman University’s enrollment growth continuing to outpace the supply of quality off-campus housing, properties like 526 N Emerald remain in high demand. For investors seeking predictable income, stable occupancy, and strong long-term upside, this home offers a rare opportunity to secure a performing student housing asset with built in expansion potential in one of Southern California’s strongest rental markets.

526 N Emerald Drive, Orange

313 E Palmyra, Orange
$1,460,000
3 Beds ⋅ 2 Baths ⋅ PW25223341 MLS ⋅ Closed Status
Located in the heart of the historic district of Old Towne Orange, this beautifully updated 3-bedroom, 2-bath home blends timeless charm with modern comfort. A detached ADU provides incredible flexibility — complete with its OWN kitchen, bathroom, and AC system, it’s perfect for guests, extended family, or rental income potential. The inviting front porch sets the tone for relaxed evenings and neighborly charm, while inside you’ll find warm hardwood floors, an upgraded kitchen with stainless steel appliances, and remodeled bathrooms designed with today’s lifestyle in mind. Enjoy the convenience of indoor laundry and upgraded central AC throughout the main home. Just moments from the Orange Plaza, restaurants, shops, and Chapman University, this home offers the perfect blend of history, community, and modern upgrades. May qualify for the Mills Act! Don’t miss the chance to own a piece of Old Towne charm with added versatility!

313 E Palmyra, Orange

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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