Orange, CA 92868 1200 W Sycamore
$1,499,000



43 more











































Presented By: Jacob Neal with BHHS Drysdale Properties; 209-642-2292
Home Details
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 $2,000 per month. With historically low vacancy and strong rental performance year after year, this property offers immediate cash flow with long-term upside potential.
Located in one of Orange’s most sought-after rental corridors near Chapman University, the property consistently attracts tenants seeking housing close to campus, helping drive above-market rental demand compared to many traditional single-family rentals. At the same time, the location appeals far beyond the university market with convenient access to CHOC, St. Joseph Hospital, Angels Stadium, Disneyland, OC Vibe, Old Towne Orange, dining, entertainment, and major Orange County freeways.
The newly constructed ADU adds flexibility and value by creating multiple income streams and future options for owner occupancy, multigenerational living, or supplemental rental income. This property is ideal for investors seeking stable cash flow in a high-demand rental market, owner-users looking to offset expenses with rental income, or parents wanting to secure housing for a Chapman student while benefiting from long-term appreciation potential.
Investment opportunities combining strong income, a brand-new ADU, central Orange location, and proven rental demand are increasingly difficult to find.
Presented By: Jacob Neal with BHHS Drysdale Properties; 209-642-2292
Interior Features for 1200 W Sycamore
Other Interior Features
Air Conditioning Y/NYes
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesInside
Total Stories1
Other Rooms
Entry Level1
General for 1200 W Sycamore
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate5.5
CityOrange
Community FeaturesSidewalks
CoolingCentralAir
CountyOrange
Current FinancingConventional
DirectionsChapman - Go W on Walnut, N on Batavia, W on Sycamore.
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income103200
HOANo
HOA Fee$
Insurance Expense1185.8
Land Lease Y/NNo
Listing TermsCash, Conventional, Exchange1031, Submit
Lot Size Square Feet6090
Lot Size UnitsSquareFeet
MLS AreaOTO - Old Towne Orange
Net Operating Income68163
New ConstructionNo
Number Of Units Total2
Operating Expense35037
Pool FeaturesNone
PostalCityORANGE
Property Attached Y/NYes
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot7
Taxes$7,458
Tenant PaysAllUtilities
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1954
Year Built SourceAssessor
Exterior for 1200 W Sycamore
Building Area Total1901
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1398
Lot Size Area6090
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesDriveway
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 1,901