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Listed by Jacob Neal, DRE #02097852 • BHHS Drysdale Properties
$1,480,000
Est. payment /mo
6,090 Sqft Lot
Price Dropped by $19K
1200 W Sycamore Orange, CA 92868
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26106490
Year Built 1954
Lot Size 6,090 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property 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 County's 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 Orange's 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 opti
Location
State CA
County Orange
Area Oto - Old Towne Orange
Interior
Cooling Central AC
Laundry Other
Exterior
Parking Features Other
Pool None
Building
Water District - Public
Others
Tax ID 03902407
Special Listing Condition Not Applicable
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