367 N Waverly St Orange, CA 92866
6 bed / 5 bath / 2,531 Sq. Ft. / 6,752 Sq. Ft., 0.155 acres lot size / Duplex
Status: Sold
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Investing in student housing provides numerous advantages, such as inflation resistance and limited impact from rent control due to frequent turnover. With its prime location just 0.7 miles from Chapman University, renowned for its film school and business programs, 367 N. Waverly St offers a lucrative opportunity. The property, fully occupied with a monthly income of $9,600, features a meticulously remodeled front house and a separate ADU. This diversity of rental units minimizes risk by providing multiple income streams. The front house boasts modern updates, keyless entry for each bedroom, and individual climate control, making it ideal for student rentals. The detached ADU offers a private living space. Both units have access to the landscaped backyard and a hot tub. Situated in a residential neighborhood with ample street and onsite parking, this property offers excellent curb appeal. Don't miss the chance to add 367 N. Waverly St to your investment portfolio.
property details
Type
Duplex
Status
Closed
County
Orange
Year Built
2023
Sq. Ft.
2,531
Lot Size
6,752 Sq. Ft., 0.2 acres
Listing Id
223056539
Courtesy Of
Jacob Neal - Berkshire Hathaway HomeServices-Drysdale Properties +1 (209) 642-2292
List Office Phone
+1 (209) 334-2141
Interior Features
Beds
6
Full Baths
5
Living Area Units
Sq. Ft.
Flooring
Vinyl
Appliances
Built-In Gas Oven
Built-In Gas Range
Built-In Refrigerator
Microwave
Dishwasher
Disposal
Built-In Gas Range
Built-In Refrigerator
Microwave
Dishwasher
Disposal
Bathrooms Total
5
Exterior Features
Parking
Other
On Street
On Street
Stories
1
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Central
Building Area Total
2,531 Sq. Ft.
Architectural Style
1 Story
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
08/25/2023
08/25/2023
|
Sold |
$1,774,000
|
Metrolist Services, Inc (CAMLMLS) |
|
07/28/2023
07/28/2023
|
Pending |
$1,795,000
|
Metrolist Services, Inc (CAMLMLS) |
|
06/19/2023
06/19/2023
|
Active |
$1,795,000
|
Metrolist Services, Inc (CAMLMLS) |
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Market Trends
Source: Constellation1
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