483 N Citrus Street, Orange, California 92868, Orange, 92868 - 0 bed, 0 bath
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Orange, California 92868
This High-Yield Multi-Unit Asset is listed at $1,890,000, positioned near its $1,795,231 Fair Market Value. The property features a 6-bedroom main residence paired with a detached 2-bedroom ADU, all maintaining a Turnkey Condition Rating due to recent modern renovations including new flooring and contemporary fixtures. Located within the Orange Unified School District and steps from Chapman College, the site offers exceptional rental demand and strategic "house-hacking" potential. This renovated property represents a stable acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready home with significant income-producing capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 483 N Citrus Street Subject | $1,890,000* List Price | 0 | 0 | 1,960 | $916 | - |
A 151 S Parker Street Active | $1,599,000 List Price | 5 | 3 | 1,991 | $803 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1954, the property has undergone an extensive recent renovation as evidenced by the modern bathroom finishes, including LED-backlit mirrors, contemporary tile work, and new vanities. The listing confirms a turnkey interior with new flooring, fresh paint, and updated fixtures throughout, meeting the criteria for a property renovated within the last 5 years.
The combination of a 6-bedroom main residence and a separate 2-bedroom ADU offers a rare high-density configuration, making it an ideal asset for investors looking to maximize rental yield.
Located near Chapman College, the property is positioned in a high-demand rental submarket, ensuring a consistent pool of potential student and faculty tenants.
Recent renovations including new flooring, fresh paint, and modern fixtures provide a contemporary aesthetic and allow for immediate occupancy without the need for initial capital improvements.
With 8 total bedrooms distributed across only 1,960 square feet, the individual room sizes and shared living spaces are likely undersized, which may limit appeal to traditional families.
Despite cosmetic updates, the 1954 construction date suggests that underlying systems such as plumbing, electrical, and roofing may be nearing the end of their functional lifespan.
Stunning 6-Bedroom Home with 2-Bedroom ADU in Prime Location Near Chapman College. Welcome to this exceptional property, perfect for investors or owners seeking additional income opportunities. Nestled in a highly sought-after area, this residence boasts a newly updated interior, ensuring modern comfort and style throughout. Key Features: Spacious Living, The main house features six generous bedrooms, providing ample space for large families or multiple tenants. Modern Updates, Recent renovations include new flooring, fresh paint, and contemporary fixtures, offering a turnkey experience for the new owners. ADU Included:* The property features a completed 2-bedroom Accessory Dwelling Unit (ADU), perfect for additional rental income or as a guest suite. Prime Location, Situated close to Chapman College, this home is ideal for students, faculty, or anyone looking to benefit from the vibrant local community. Income Potential:** With its prime location and versatile layout, this property offers excellent potential for rental income, making it a smart investment. Don't miss out on this rare opportunity to own a versatile and updated property in a prime location. Whether you're an investor looking for a lucrative addition to your portfolio or a homeowner seeking a spacious and income-generating residence, this home is a must-see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 7% |
| Baths | 0.0 | 2.0 | 7% |
| Square foot | 1,960 | 1,569 | 85% |
| Lot Size | 6,864 | 6,864 | 50% |
| Price | $1.89M | $1.03M | 96% |
| Price per sq ft | $964 | $682 | 93% |
| Built year | 1954 | 1956 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 168 | 4% |
Apr 14, 2026
$1,890,000
Initial Listing
Aug 30, 2019
$652,500
Public Record