337 E Everett Place, Orange, CA 92867
- $1,975,000
- Sold Price
- $1,975,000
- List Price
- $2,095,000
- Closing Date
- Nov 14, 2025
- Status
- CLOSED
- MLS#
- OC25214986
- Year Built
- 1954
- Lot Size
- 7,026
- Acres
- 0.16
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 42
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
Exceptional investment opportunity just one block from Chapman University. This property features two fully leased homes generating $11,200 in monthly rental income. The front house offers 3(4) bedrooms and 2 bathrooms, while the grandfathered back house provides 4 bedrooms and 4 bathrooms—a rare setup that maximizes rent potential. Both homes are designed for student living with private bedrooms, multiple bathrooms, and functional layouts that remain in high demand year after year. Located in one of Orange’s most desirable student housing corridors, the property benefits from strong, consistent occupancy and proximity to campus, Old Towne Orange, shopping, and dining. With Chapman’s continued growth and limited nearby housing supply, 337 / 339 E Everett presents investors with immediate cash flow, long-term upside, and minimal vacancy risk in a proven rental market.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $134,400
- Operating Expense
- 33600
Listing courtesy of Listing Agent: Jacob Neal (jacob.neal@bhhsdrysdale.com) from Listing Office: BHHS Drysdale Properties.
Listing sold by Chloe Amen from Luxe Real Estate
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