1200 W Sycamore, Orange, California 92868, Orange, 92868 - 6 bed, 3 bath
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Orange, California 92868
This property represents a Strong Value Opportunity, listed at $1,499,000—positioned above the $1,360,708 Fair Market Value. While priced at a premium, the asset delivers Exceptional Cash Flow through a newly constructed 2025 ADU and a high-demand location near Chapman University. With a Condition Rating of 3, the property offers immediate rental income of $8,600 monthly. This is a stable, income-generating asset ideal for Buy-and-Hold Investors seeking yield or Owner-Occupants looking to offset mortgage costs through supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 W Sycamore Subject | $1,499,000* List Price | 6 | 3 | 1,901 | $716 | - |
A 130 -132 S Lime Street Sold | $1,700,000 | 6 | 3 | 2,105 | $808 | 0.4 mi |
B 2022 W Spruce Sold | $1,145,000 | 4 | 2 | 1,642 | $697 | 0.5 mi |
C 2244 W Beverly Drive Sold | $1,285,000 | 5 | 3 | 2,233 | $575 | 0.7 mi |
D 132 N Jewell Sold | $1,100,000 | 4 | 2 | 1,659 | $663 | 0.3 mi |
E 417 N Citrus Street Active | $1,695,000 List Price | 6 | 3 | 2,150 | $788 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the main structure dates to 1954, the property includes a brand-new 2025 ADU and the main house appears well-maintained with updated flooring and finishes. The high rental income suggests the systems and interiors are functional and move-in ready, though some images are AI-enhanced.
The property generates a robust $8,600 monthly rental income with a projected annual gross exceeding $103,000, offering immediate high-yield returns in a competitive market.
A brand-new 2025 detached ADU adds significant value and versatility, providing a modern secondary income stream or a flexible space for multi-generational living.
Located near Chapman University and major medical hubs like CHOC and St. Joseph Hospital, the property benefits from a consistent, high-demand tenant pool and low vacancy rates.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1901, other record living area = 1512. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
With 6 bedrooms configured within 1,901 square feet, the high-density living arrangement may result in increased wear and tear and higher long-term maintenance requirements.
The extensive use of AI-enhanced and virtually staged photography suggests the 1954 main structure may require physical updates or cosmetic repairs to match the marketed aesthetic.
1200 W Sycamore presents a rare investment opportunity in the heart of Orange with strong in-place rental income, a newly built 2025 ADU, and consistent demand driven by its prime location near Chapman University and some of Orange County’s largest employment and entertainment hubs. The property currently generates $8,600 per month in rental income, totaling over $103,000 in projected annual gross income. The front house is leased at $6,600 per month beginning July 1, while the detached 2025 ADU generates an additional $2,000 per month. With historically low vacancy and strong rental performance year after year, this property offers immediate cash flow with long-term upside potential. Located in one of Orange’s most sought-after rental corridors near Chapman University, the property consistently attracts tenants seeking housing close to campus, helping drive above-market rental demand compared to many traditional single-family rentals. At the same time, the location appeals far beyond the university market with convenient access to CHOC, St. Joseph Hospital, Angels Stadium, Disneyland, OC Vibe, Old Towne Orange, dining, entertainment, and major Orange County freeways. The newly constructed ADU adds flexibility and value by creating multiple income streams and future options for owner occupancy, multigenerational living, or supplemental rental income. This property is ideal for investors seeking stable cash flow in a high-demand rental market, owner-users looking to offset expenses with rental income, or parents wanting to secure housing for a Chapman student while benefiting from long-term appreciation potential. Investment opportunities combining strong income, a brand-new ADU, central Orange location, and proven rental demand are increasingly difficult to find. Some photos have been virtually staged and/or digitally enhanced using Artificial Intelligence (AI) to help illustrate the property’s potential layout, design, and use of space. Furnishings, décor, landscaping, colors, finishes, and other elements shown in the images may not reflect the property’s current condition. Buyers are encouraged to independently verify all features and inspect the property in person.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,901 | 1,603 | 72% |
| Lot Size | 6,090 | 6,952 | 24% |
| Price | $1.50M | $1.02M | 84% |
| Price per sq ft | $789 | $663 | 68% |
| Built year | 1954 | 1957 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 132 | 8% |
Jun 6, 2026
$1,499,000
Initial Listing
Oct 6, 2016
$515,000
Public Record
Sep 27, 2010
$349,000
Public Record
Apr 14, 2005
$495,000
Public Record