
Orange, California 92867
This Versatile Income-Generating Estate is listed at $1,995,000, aligning with its $1,937,315 Fair Market Value and premium Mint Condition Rating. The property features a permitted detached ADU and a main residence where every bedroom includes an ensuite bathroom and private entry, maximizing rental yield. High-end infrastructure includes Viking/Thor appliances, paid 24-panel solar, and a waterfall pool and spa. Located near Chapman University and the upcoming OCVIBE development, this asset offers exceptional utility and accessibility. It is an ideal acquisition for Student Housing Investors or Multi-generational Families seeking a turnkey, high-yield sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 634 East Adams Avenue Subject | $1,995,000* List Price | 0 | 0 | 2,700 | $718 | - |
A 1402 E Rose Avenue Sold | $1,530,000 | 5 | 3 | 2,370 | $646 | 0.8 mi |
B 1241 E Mayfair Sold | $1,425,000 | 4 | 3 | 2,130 | $669 | 0.6 mi |
C 909 N Cleveland Active | $1,425,000 List Price | 3 | 3 | 2,207 | $646 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) including updated kitchens with high-end Viking and Thor appliances, leathered quartz countertops, and new LVP flooring. Major system upgrades include a 24-panel solar system, EV charging, upgraded electrical/CAT6 wiring, and a zoned HVAC system with UV technology, meeting the criteria for mint condition with no immediate maintenance required.
The property features a permitted detached ADU and a main house where every bedroom includes an ensuite bath and private exterior entry, making it an ideal turnkey investment for student housing or multi-generational living near Chapman University.
Equipped with a paid 24-panel solar system, EV-ready charging, CAT6/7 wiring, and high-end Viking/Thor appliances, the home offers modern efficiency and luxury that significantly reduces long-term ownership costs.
Situated minutes from the upcoming OCVIBE development and Old Towne Orange, the home’s full wheelchair accessibility and roll-in showers cater to a wide range of high-demand tenant profiles, including senior living potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 1531.
Despite a recent price reduction, the property remains at a high price point for the Cambridge subdivision, which may require a specialized investor to justify the valuation based on cap rate rather than neighborhood comps.
The layout and intended use for high-density student housing or short-term rentals necessitate more intensive property management and maintenance oversight compared to a traditional single-family residence.
Rare opportunity for student housing investor or Chapman parent to own a versatile 5-bedroom, 6-bath single-story pool home near Chapman University, with the upcoming OCVIBE development (2027) and just minutes from Old Towne Orange and Disneyland. Located on a quiet, tree-lined street, each bedroom in this home features its own exterior doors and private ensuite bathroom and includes a permitted detached ADU with its own address at 636 E Adams. The ADU features a full kitchen with THOR 36" six-burner gas stove, upgraded appliances, living room, in-unit laundry, and two bathrooms, with plans to expand approximately 235 sq ft to add a second bedroom for additional rental income potential. The main home has a history of short-term rental use, while the ADU can also be rented independently. Strong demand for student rentals, proximity to Chapman University, local attractions, shopping, dining, and the stable sales history in the neighborhood all contribute to long-term income potential and value retention. The property offers flexible opportunities including long-term rental, student housing, or senior-living conversion, all subject to city regulations. Step inside the main residence to discover updated kitchens and bathrooms, double oven, soft-close cabinet doors, VIKING six-burner gas cooktop, 8mm LVP flooring, leathered quartz countertops, and smart locks on all doors. The living room is filled with natural light from a skylight, anchored by a cozy fireplace and mantel, with generous closet space for storage. This wheelchair-accessible home boasts a gorgeous roll-in shower with three shower heads, offering both luxury and accessibility throughout. Extensive infrastructure upgrades include major plumbing improvements, paid 24-panel solar system, solar pool heating, EV-ready 50-amp Level 2 charging, upgraded electrical and CAT6/7 wiring, Zoned HVAC system with UV-light technology and newer ducting in the attic, and energy-efficient heat pump systems. Lush front and backyard landscaping, inspired by the Disneyland Hotel, surrounds a waterfall pool, spa, and mature avocado, lime, and tangerine trees. The pool area is fully fenced with a removable mesh safety gate system. Additional amenities include generous parking, RV hookups with dump access, and storage structures. This home blends flexible living, resort-style amenities, and income potential in one of Orange’s most desirable neighborhoods. The list of upgrades goes on and on, a must see to appreciate!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 1% |
| Baths | 0.0 | 3.0 | 1% |
| Square foot | 2,700 | 2,032 | 76% |
| Lot Size | 9,100 | 7,756 | 66% |
| Price | $2.00M | $1.35M | 89% |
| Price per sq ft | $739 | $664 | 71% |
| Built year | 1957 | 1963 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 87 | 135 | 28% |
Apr 11, 2026
$1,995,000
$2,088,000
-4% Price Drop
Initial Listing
Mar 11, 2026
$2,088,000
Initial Listing
Mar 20, 2019
$725,000
Public Record