There are multiple listings for this address:
552 N Cambridge Street
Orange, CA, 92867
$2,375,000
Beds
0 Baths
SqFt
0.18 Acres
Add
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&#39'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 Details

Price:
$2,375,000
MLS #:
OC25043126
Status:
Active
Baths:
0
Address:
552 N Cambridge Street
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
otooldtowneorange
City:
Orange
Listed Date:
Feb 25, 2025
State:
CA
ZIP:
92867
Lot Size:
7,957 sqft / 0.18 acres (approx)
Year Built:
1949
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Schools

School District:
Orange Unified

Interior

Exterior

Community Features
Park, Sidewalks, Street Lights
Garage Spaces
1.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway, Garage
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities

Map

Community

Similar Listings Nearby

552 N Cambridge Street
Orange, CA
552 N Cambridge Street
Orange, CA, 92867
$2,375,000
8 Beds
7 Baths
1,525 SqFt
0.18 Acres
Add
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&#39'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 Details

Price:
$2,375,000
MLS #:
OC25043144
Status:
Active
Beds:
8
Baths:
7
Address:
552 N Cambridge Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
otooldtowneorange
City:
Orange
Listed Date:
Feb 25, 2025
State:
CA
Finished Sq Ft:
1,525
ZIP:
92867
Lot Size:
7,957 sqft / 0.18 acres (approx)
Year Built:
1949
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Orange Unified

Interior

Exterior

Community Features
Park, Sidewalks, Street Lights
Garage Spaces
1.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway, Garage
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby