552 N Cambridge Street

Orange, CA 92867

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,525 Sqft
  • 7957
    Sqft(Lot)
$2,375,000

Description

Turnkey investment near chapman university – fully leased through 2026



located near chapman university, old towne orange, and major freeways, this high-performing rental property offers strong cash flow and long-term stability. situated on cambridge row, where rental demand is consistently high, this two-home investment generates $11,495 per month ($137,940 annually) with leases secured through 5/31/2026.



the front house (552 n cambridge) is a 4-bedroom, 3-bathroom home earning $6,095 per month. it features a spacious primary suite and a well-designed kitchen, making it an appealing rental. behind it, the back house (554 n cambridge) is a 4-bedroom, 4-bathroom adu, bringing in $5,400 per month. this grandfathered adu setup—no longer permitted in orange—offers each resident a private bedroom, en-suite bathroom, and individual mini-split ac, maximizing comfort and rental value.



with an expense ratio of 25% and tenants covering all utilities, this property operates efficiently while providing a 4.91% cap rate and 14.4 grm. the strong rental history, annual rent increases, and prime location near shopping, dining, and freeway access make this a sought-after investment.



just blocks from chapman university, this property benefits from consistent rental demand in a well-established leasing market. old towne orange is a short distance away, offering historic charm, a variety of restaurants, and boutique shopping. easy access to the 22, 55, and 57 freeways makes commuting convenient, adding to the property's desirability.



the cambridge row location is a known hub for student and professional rentals, with six of the seven homes on this street operating as leased properties. the area’s established rental market and continued growth in demand make this an ideal opportunity for investors seeking stable cash flow and long-term appreciation.



with an expense ratio of 25% and tenants covering all utilities, this property operates efficiently while providing a 4.91% cap rate and 14.4 grm. the strong rental history, annual rent increases, and prime location near shopping, dining, and freeway access make this a sought-after investment.



this is a rare opportunity to acquire a fully leased, high-yield property in a thriving rental market.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    48758910

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1949
    • Building Area Total: 2,525

    Pool Features

    • None

    Laundry Features

    • In Garage

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1827
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7957

  • Listing Price Information

    • Original List Price: 2,375,000
    • Listing Contract Date: 2025-02-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 38623219

  • Garage and Parking

    • Garage Description: Driveway,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: OTO - Old Towne Orange
    • Postal Code Plus 4: 6838
    • Directions: From Chapman, East on Walnut, North on Cambridge
    • Source Property Type: Residential Income
    • Area: OTO - Old Towne Orange
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 76
    • Common Walls: No Common Walls
    • Structure Type: Single Family Residence
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/05/2025 @ 12:15

  • MLS: OC25043126
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 2,525 sqft, 7,957 sized lot, and 1 parking. are nearby neighborhoods.