Old Towne Orange (OTO) Homes with Duplex Subtype

Old Towne Orange (OTO) Homes with Duplex Subtype

Welcome to Old Towne Orange, a charming and historic district nestled in the heart of Orange, California. Known for its vibrant blend of tradition and modernity, Old Towne Orange boasts tree-lined streets, quaint boutiques, and a lively dining scene that draws visitors and residents alike. This picturesque area is characterized by its well-preserved architecture, showcasing beautiful Victorian and Craftsman-style homes that tell the story of a bygone era.

Among the unique housing options in Old Towne Orange, duplex homes stand out as a versatile choice for both homeowners and investors. These properties not only offer the charm of vintage architecture but also the practicality of dual living spaces. Whether you’re looking to occupy one unit while renting out the other, or seeking a multi-generational living arrangement, a duplex in this desirable locale provides the perfect solution.

The community is rich with amenities, including parks, art galleries, and local farmers' markets, making it an ideal place for families and young professionals alike. With easy access to major highways and public transportation, commuting to nearby cities is a breeze.

Investing in a duplex in Old Towne Orange means more than just acquiring a property; it’s about embracing a lifestyle steeped in history, community, and convenience. Experience the warmth and charm of Old Towne Orange, where your dream home awaits amidst the vibrant spirit of this delightful neighborhood. Explore the possibilities today!

Newest Old Towne Orange (OTO) Homes with Duplex Subtype

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

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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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