5 Beds
2 Baths
1,763 SqFt
5 Beds
2 Baths
1,763 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,763 sqft
Price per Sqft $728
Subdivision Unknown
MLS Listing ID OC25156944
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1955
Lot Size 6,150 Sqft
Property Sub-Type Single Family Residence
Property Description
This 5-bedroom, 2-bathroom home is fully leased through June 30, 2026, generating $6,650 per month in rental income. With a long-term lease in place, the property offers immediate cash flow and minimal turnover risk in one of the most desirable off-campus housing zones for Chapman students.
The home is thoughtfully configured for student living, offering private bedrooms, spacious shared areas, and a large backyard that creates a strong opportunity for a future ADU addition. A two-car garage adds value and functionality, while the home's location on a street already populated with student rentals ensures ongoing rental demand and investment stability.
As Chapman University's enrollment continues to grow—and with underclassmen required to live on campus—upperclassman demand for nearby rentals has surged. 1305 W Beverly sits squarely in that target zone, making it an ideal low-maintenance, income-producing property for investors looking to tap into one of Orange's most resilient rental markets.
Whether you're expanding your portfolio or entering the student housing space for the first time, this property offers both strong returns and long-term upside.
Location
State CA
County Orange
Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F
Rooms
Main Level Bedrooms 5
Interior
Interior Features All Bedrooms Down
Cooling Central Air
Fireplaces Type Family Room
Fireplace Yes
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Orange Unified
Others
Senior Community No
Tax ID 03929510
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
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