Exceptional investment opportunity just one block from Chapman University. This property features two fully leased homes generating $11,200 in monthly rental income. The front house offers 3(4) bedrooms and 2 bathrooms, while the grandfathered back house provides 4 bedrooms and 4 bathrooms—a rare setup that maximizes rent potential.
Both homes are designed for student living with private bedrooms, multiple bathrooms, and functional layouts that remain in high demand year after year. Located in one of Orange’s most desirable student housing corridors, the property benefits from strong, consistent occupancy and proximity to campus, Old Towne Orange, shopping, and dining.
With Chapman’s continued growth and limited nearby housing supply, 337 / 339 E Everett presents investors with immediate cash flow, long-term upside, and minimal vacancy risk in a proven rental market.
Sold for $1,975,000 on 11/14/25
Listing Provided by:
Jacob Neal DRE #02097852 209-642-2292,
BHHS Drysdale Properties
Bought with: Luxe Real Estate
$1,975,000
337 E Everett Pl, Orange, CA 92867
7beds
4baths
2,030sqft
Multi Family
Built in 1954
-- sqft lot
$1,974,900 Zestimate®
$973/sqft
$3,598 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 15, 2025 at 09:11am
Listing Provided by:
Jacob Neal DRE #02097852 209-642-2292,
BHHS Drysdale Properties
Bought with:
Chloe Amen, DRE #02250375
Luxe Real Estate
Source: CRMLS,MLS#: OC25214986
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Cooling
- Central Air
Appliances
- Laundry: Inside, In Garage
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,030
- Total interior livable area: 2,030 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Level, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
Lot
- Size: 7,026 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 03920105
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Orange
HOA & financial
Other financial information
- Total actual rent: 11200
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,Subject To Other,Submit
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Estimated market value
$1,974,900