Old Towne Orange (OTO) Homes under $2 million

Old Towne Orange (OTO) Homes under $2 million

Welcome to Old Towne Orange (OTO), a charming and historic district nestled in the heart of Orange, California. Renowned for its vibrant atmosphere and rich heritage, OTO is a delightful blend of quaint boutiques, delightful eateries, and beautifully preserved architecture that transports you back in time. As you stroll along the tree-lined streets, you’ll find a warm community spirit that makes this area truly special.

Old Towne Orange is characterized by its stunning Victorian and Craftsman-style homes, many of which date back to the late 1800s and early 1900s. This picturesque neighborhood is not only a feast for the eyes but also a haven for those seeking a sense of belonging. The region is known for its exceptional schools, parks, and proximity to cultural attractions, making it an ideal place for families, professionals, and retirees alike.

For those looking to invest in this enchanting area, you’ll be pleased to know that there are beautiful homes available for under $2 million. These properties offer a unique opportunity to own a piece of history while enjoying modern amenities. Whether you’re searching for a cozy bungalow, a spacious family home, or an elegant estate, Old Towne Orange has something to suit every taste and lifestyle.

With its delightful charm, rich history, and a welcoming community, Old Towne Orange is more than just a place to live; it’s a place to thrive. Discover your dream home in this captivating neighborhood and experience the magic of Old Towne Orange for yourself!

Newest Old Towne Orange (OTO) Homes under $2 million

415 N Shattuck, Orange
$995,000
2 Beds ⋅ 2 Baths ⋅ SW26228935 MLS ⋅ Active Status
Charming Single-Story Orange Home with a Four-Car Garage & Endless Possibilities! Welcome to 415 North Shattuck Place in Orange! This charming single-story home offers 2 bedrooms, 1.5 bathrooms, fresh interior and exterior paint, and a wonderful blend of character, functionality, and potential. Additional highlights include no HOA, a low property tax rate, and a clear termite report. Inside, wood flooring throughout much of the home complements the classic architectural details. The spacious family room features a cozy fireplace and an elegant arched entrance connecting to the living room, where a sliding glass door opens to the backyard and covered patio. Plantation shutters throughout and ceiling fans add timeless style and comfort. The kitchen offers abundant cabinetry, a stainless steel dishwasher, and a black-and-stainless oven, microwave, and cooktop. Both bedrooms feature generous closets with overhead storage and ceiling fans; one has wood flooring, while the other is carpeted. An interior laundry room with ample storage and direct backyard access adds everyday convenience. A standout feature is the long driveway extending alongside the home to the backyard and impressive four-car garage, providing abundant parking and versatility. Whether for multiple vehicles, a workshop, hobbies, or additional storage, the space offers numerous possibilities, including potential ADU conversion, subject to applicable city approvals and requirements. The backyard features a covered patio ideal for entertaining, decorative pavers, and expansive concrete areas offering additional parking and flexible use. A double swinging gate separates the driveway from the backyard, while block walls along both sides and the rear provide privacy. Artificial turf in both the front and back yards, along with a mature shade tree and charming curb appeal, completes the outdoor setting. With its versatile garage, abundant parking, inviting living spaces, and exciting possibilities, this Orange property offers a unique opportunity to make a home your own!

415 N Shattuck, Orange
413 N Center, Orange
$999,000
2 Beds ⋅ 2 Baths ⋅ PW26227815 MLS ⋅ Active Status
Charming Vintage Property in a Prime Orange Location! Built in 1928, this single-story property at 413/415 N Center Street offers a unique opportunity just steps from Chapman University and moments from the historic Old Towne Orange Circle. Currently configured as two separate living units, each with its own front entry, the property features a 1-bedroom, 1-bathroom layout with a kitchen and family room in each unit. A shared center dividing wall separates the spaces, while a quaint front patio adds to the property's character. Situated on a 4,356-square-foot lot, the property offers exciting possibilities for investors, owner-users, or those exploring future expansion potential. The long driveway provides convenient off-street parking for multiple vehicles. Enjoy an exceptional location near Chapman University, the restaurants, antique shops, boutiques, and galleries of the Orange Circle, with easy access to parks, schools, shopping, Angel Stadium, Honda Center, Disneyland, and other popular Southern California destinations. A rare opportunity to own a property with character, versatility, and potential in one of Orange County's most desirable historic communities. Property is tenant-occupied. **DRIVE BY ONLY**

413 N Center, Orange
700 West La Veta Avenue Unit E4, Orange
$439,000
2 Beds ⋅ 2 Baths ⋅ TR26221461 MLS ⋅ Active Status
Welcome home to this freshly updated condo in the highly sought-after La Veta Monterey community! Perfect for first-time buyers, investors, or anyone looking for a turnkey home in a prime Orange location. This bright and open two-story floor plan features 9-ft ceilings and has been thoughtfully upgraded throughout: Gourmet Kitchen with new quartz countertops, upgraded cabinetry, and brand-new stainless steel appliances Spa-like Bathrooms — Quartz counters in one bath, granite in the other, plus a beautifully remodeled main bathroom with new tile surround on the shower/tub New Interior Paint throughout Newer HVAC system for year-round comfort New lighting fixtures and recessed lighting New flooring (or excellent condition — you can adjust)

700 West La Veta Avenue Unit E4, Orange
308 N Parker Street, Orange
$849,000
2 Beds ⋅ 1 Baths ⋅ PW26221337 MLS ⋅ Active Status
Probate Sale. Charming 2-bedroom, 1-bath single-family home in Orange featuring several significant improvements, including a new roof, dual-pane windows, updated covered patio roof, and replacement of the original cast-iron sewer lines from the kitchen and bathroom extending to the city sewer connection. The living room features sliding glass doors opening directly to the covered patio, providing an inviting connection between the indoor and outdoor spaces. Both bedrooms are equipped with mini-split air conditioning systems for individual climate control. The kitchen includes the refrigerator and oven/range. The washer and dryer are located in the attached garage and are also included in the sale. A private, low-maintenance backyard provides additional outdoor space for relaxing, gardening, or entertaining. Conveniently located within walking distance of the Orange Metrolink/Amtrak Station and near Historic Old Towne Orange, Chapman University, shopping, dining, parks, and major transportation routes. Probate sale. Property is being sold in its present "AS IS" condition.

308 N Parker Street, Orange
1426 E Sycamore, Orange
$1,350,000
2 Beds ⋅ 2 Baths ⋅ OC26220796 MLS ⋅ Active Status
A classic mid-century ranch on an expansive corner lot, this single-level home beautifully balances authentic character with modern, turnkey updates. Nestled in the coveted "Tree Streets" pocket east of Cambridge, the property embraces the timeless spirit of central Orange. A welcoming covered front porch and classic Dutch door introduce light-filled interiors detailed with refinished original hardwood floors and crisp architectural touches. The rare dual-living floor plan features an airy formal living room anchored by a masonry wood-burning fireplace, flowing to a dedicated dining room and a generous family room highlighted by exposed wood ceiling beams. The kitchen offers ample storage, laundry convenience, and a breakfast nook area. Recent high-end updates provide lasting comfort, a tankless water heater, custom window treatments, ceiling fans, and an extensively remodeled bath showcasing designer tile and rich fixtures. California indoor-outdoor living is effortless through striking French doors that open to a covered patio loggia, expansive hardscape, and private lush green lawn framed by fresh paint, mature privacy landscaping, and secure upgraded gates. The detached two-car garage with deep driveway offers prime parking and storage, while presenting exceptional future ADU potential. Just 1.5 miles from the Orange Circle (The Plaza) and Chapman University, this location provides Old Towne adjacent walkability and charm without historic preservation restrictions. Situated in the Orange Unified School District (Cambridge Elementary, Yorba Middle, Orange High) with fast access to regional medical centers and freeways, this is an authentic, turnkey home in a premier neighborhood.

1426 E Sycamore, Orange
1305 W Cherry, Orange
$1,085,000
4 Beds ⋅ 2 Baths ⋅ OC26220349 MLS ⋅ Active Status
Excellent opportunity to own an income-producing property in the desirable City of Orange! Currently leased for $6,220 per month, the property generates $74,640 in annual gross rental income, with the existing lease running through May 31, 2027. The tenant pays all utilities, while the owner covers landscaping service, helping keep operating expenses low. Investors can benefit from immediate rental income with an established tenant in place, while future homeowners have the opportunity to collect rent now and potentially move in after the lease expires, subject to applicable tenancy requirements. The existing lease also allows the owner to construct an Accessory Dwelling Unit (ADU) within the garage during the lease term, subject to city permits and approvals, offering the potential for additional rental income or future personal use. Conveniently located near Chapman University, Old Towne Orange, shopping, dining, and major freeways, this property offers strong rental appeal and long-term flexibility for investors and future homeowners alike.

1305 W Cherry, Orange
743 E Washington, Orange
$1,095,000
2 Beds ⋅ 1 Baths ⋅ PW26216608 MLS ⋅ Active Status
Welcome to this Beautiful home located in Old Towne Orange located in a prime location on Washington St. This two bedroom one bath home features original Hardwood floors. Updated kitchen features stainless steel appliances as well as unique features for the milkman delivery and mailbox. Bright glass windows and glass cabinetry adorn this modern kitchen. Open layout with wide living room and eating area. One of the most original hand carved wood mosaics on the hall wall. Ceiling Fans in bedrooms. Two car garage with laundry inside. A Bonus room off of the garage fully carpeted with ceiling fans. Large backyard with covered Patio on a slab in this quite serene retreat. This is a must see home in a great area.

743 E Washington, Orange
420 N Batavia, Orange
$1,875,000
PW26212529 MLS ⋅ Active Status
Just listed near the heart of Old Towne Orange, 420 N. Batavia Street is a turnkey Chapman University student housing investment with two spacious, detached homes on one lot. It's a great fit for either a cash-flowing investment or an owner user. The front house was taken down to the studs and rebuilt with a new construction expansion into a 4 bedroom, 3 bath open floor plan layout purpose-built for student living. The rear house is a brand-new 2023 construction 4 bedroom, 4 bath home built from the ground up. Together the property offers 8 bedrooms and 7 baths across 2,445 SF on a 6,401 SF lot. Both homes feature luxury vinyl plank floors, new high-end finishes and appliances, private bed/baths, ensuite laundry, air conditioning, and private patios. Tenants share a large backyard with a lounge area and spa. The property has been 100% pre-leased since 2023 with steady rent growth year over year. It is fully leased at $10,955/mo, and every lease carries a parental guarantee, giving you secure income and reduced credit risk. At $1,875,000, 420 N. Batavia is offered at a 5.02% cap rate, a 14.26 GRM, and $234,375 per bedroom. That is the lowest GRM and lowest price per bedroom of any comparable Chapman-area sale in the past two years. It is about 17% below the median price per bedroom and $165,000+ below every other 8-bedroom sale. Current rents average just $1,369 per bedroom, about 10% below comparable Chapman properties, taking the cap rate to 5.59% at market rents. Students win too: a full 12-month lease at 420 costs less than a 9-month single bedroom at Chapman's own Chapman Grand apartments. Owners can add further value by converting the garage or building a second detached ADU under California's new AB 956, and excellent loan terms are available. With nearly 10,000 students and consistently strong enrollment within walking distance, this professionally managed asset offers year-round demand, low vacancy risk, a unique hedge against California rent control, and long-term appreciation in one of Orange County's most desirable rental submarkets.

420 N Batavia, Orange
1104 W Palm Avenue, Orange
$1,450,000
5 Beds ⋅ 4 Baths ⋅ OC26206011 MLS ⋅ Active Status
Welcome to a beautifully renovated and incredibly versatile home in the heart of Orange. The renovation was completed at the end of 2022 & includes new PEX piping throughout, new HVAC system, new electrical & new vinyl double pane windows. This one-of-a-kind property offers the flexibility today’s buyers are looking for — live in one space and rent the other, accommodate extended family, or enjoy it as a high-income investment. Thoughtfully updated throughout, the home features modern kitchens, upgraded bathrooms, and stylish finishes that make it completely move-in ready. Designed with functionality in mind, the property provides two distinct living areas that offer both comfort and privacy. Primary residence consists of 3bed/3bath & secondary residence consists of a 2bed/1bath with separate entrance. The single-story home features an expanded floor plan with an approximately 724 sqft. constructed in the 1980s. Whether you're looking to offset your mortgage with rental income or create a multi-generational living setup, the possibilities here are endless. Situated on a spacious lot with ample parking, and conveniently located near shopping, dining, and major freeways, this home combines lifestyle and financial opportunity in one rare package. Opportunities like this don’t come often — a turnkey home with built-in income potential in a prime Orange location 1 mile from Chapman University/Providence St. Joseph's Hospital/Angels Stadium. Buyer to independently verify square footage, permits, zoning, and intended use.

1104 W Palm Avenue, Orange
131 N Waverly Street, Orange
$1,099,000
2 Beds ⋅ 1 Baths ⋅ OC26202156 MLS ⋅ Active Under Contract Status
Step into the timeless charm of Old Town Orange with this delightful single-level residence, ideally situated in the northeast quadrant of the Old Town Orange Historic District. A spacious front porch sets the tone for the character found throughout, where original-style details blend beautifully with inviting everyday spaces. Inside, warm wood floors, elegant crown molding, and large light-catching windows showcase the home’s classic appeal and create a bright, welcoming atmosphere. The kitchen features crisp white cabinetry and a subway tile backsplash, while two spacious bedrooms and a full bathroom with a charming clawfoot tub add to the home’s vintage-inspired character. Outdoors, the generous backyard offers a picturesque setting with a mature orange tree, paver patio, and bistro lights, creating an inviting space for relaxing or entertaining. A long driveway leads to a detached two-car garage, providing convenient parking and additional storage. Surrounded by the distinctive architecture and historic character of Old Town Orange, the property is also conveniently located near local dining and shopping, Chapman University, and major freeways. A charming opportunity to own a piece of Orange’s treasured historic setting.

131 N Waverly Street, Orange
831 E Hoover, Orange
$1,700,000
OC26195481 MLS ⋅ Active Status
Rare opportunity to acquire a versatile residential income property in a highly desirable Orange location, featuring a spacious 4-bedroom, 2-bathroom main residence plus a detached 1-bedroom, 1-bathroom ADU with its own full kitchen and private laundry. Offering a total of 5 bedrooms and 3 bathrooms across two separate living spaces, the property provides an attractive opportunity for investors seeking multiple rental income streams, an owner-user looking to offset housing costs, or buyers looking to capitalize on the strong rental demand in the area. The main residence has been extensively updated and offers a highly functional 4-bedroom floor plan well suited for long-term rental use. Improvements include an upgraded kitchen with granite countertops, an oversized sink, and abundant cabinet and storage space. Both bathrooms have been renovated with new vanities, tile, and fixtures, while recessed LED lighting has been installed throughout the home. Hardwood flooring extends through all four bedrooms, and the residence includes an LG washer and dryer, GE refrigerator, GE range, and GE dishwasher. The detached ADU provides an additional independent rental opportunity with its own full kitchen, private laundry, and fully paid-off solar system dedicated exclusively to the ADU. With no solar lease or payment to assume, the system offers the potential for reduced operating costs and added value for the ADU occupant. Additional property features include two fireplaces, a spacious backyard with covered gazebo, detached two-car garage, and an oversized driveway providing substantial off-street parking—an important benefit for a multi-unit rental property. Ideally situated just minutes from Chapman University and Old Towne Orange, the property benefits from proximity to a strong tenant base as well as nearby dining, shopping, entertainment, parks, schools, and everyday amenities. Convenient access to the 5, 22, 55, and 57 freeways further enhances the property's rental appeal and accessibility throughout Orange County. With two separate living spaces, extensive upgrades, abundant parking, a detached ADU with paid-off solar, and a location positioned near Chapman University and Old Towne Orange, this property presents a compelling opportunity for investors seeking flexibility, income potential, and long-term value in one of Orange's most desirable rental markets.

831 E Hoover, Orange
831 E Hoover, Orange
$1,700,000
5 Beds ⋅ 3 Baths ⋅ OC26194316 MLS ⋅ Active Status
Rare opportunity to own a beautifully maintained and thoughtfully upgraded property ideal for a family, multigenerational living, or an investor looking to take advantage of the strong Chapman University rental market. The property features a spacious 4-bedroom, 2-bathroom main residence plus a detached 1-bedroom, 1-bathroom ADU with its own full kitchen and private laundry, offering a total of 5 bedrooms and 3 bathrooms with exceptional flexibility. The main residence has been extensively updated and features an upgraded kitchen with granite countertops, an oversized sink, and abundant cabinet and storage space. Both bathrooms have been beautifully renovated with new vanities, tile, and fixtures. Recessed LED lighting has been installed throughout, while hardwood flooring extends through all four bedrooms. The home also includes an LG washer and dryer, GE refrigerator, GE range, and GE dishwasher. Designed for comfortable living and entertaining, the property features two fireplaces and a spacious backyard with a covered gazebo. A detached two-car garage and oversized driveway provide ample off-street parking. The detached ADU offers a completely separate living space with its own full kitchen, private laundry, and fully paid-off solar system dedicated to the ADU, with no solar lease or payment to assume. It is ideal for extended family, guests, a private office, or additional rental income. For an owner-occupant, the property provides the opportunity to enjoy a spacious primary residence while potentially offsetting housing costs with income from the ADU. For an investor, the combination of five total bedrooms, separate living spaces, abundant parking, proximity to Chapman University, and a strong local rental market creates an attractive income-producing opportunity, with estimated pro forma rents of approximately $8,500 per month. Ideally located just minutes from the charm, dining, shopping, and entertainment of Old Towne Orange and Chapman University, the property also offers convenient access to the 5, 22, 55, and 57 freeways. Nearby parks, schools, and everyday amenities add to the appeal. With extensive upgrades, generous living space, abundant parking, a detached ADU, fully paid-off solar serving the ADU, and strong rental potential, this property offers a rare combination of flexibility, convenience, and long-term value.

831 E Hoover, Orange
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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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