$1,465,000
$1,480,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1200 W Sycamore Orange, CA 92868
6,089 Sqft Lot
Key Details
Sold Price $1,465,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC26106490
Sold Date 08/28/26
HOA Y/N No
Year Built 1954
Lot Size 6,089 Sqft
Property Sub-Type Single Family Residence
Property Description
1200 W Sycamore presents a rare opportunity to acquire a fully leased, income-producing investment property in one of Orange's most sought-after rental markets. Currently generating $8,600 per month in rental income, the property produces over $103,000 in projected annual gross income with immediate cash flow from day one. The front residence is leased at $6,600 per month beginning July 1, while the detached, newly constructed 2025 ADU generates an additional $2,000 per month, creating two independent income streams on a single parcel.
Ideally located just minutes from Chapman University, the property benefits from a long history of strong rental demand and consistently low vacancy. Chapman continues to drive a steady need for off-campus housing, while the property's central Orange location also appeals to professionals seeking convenient access to CHOC Children's Hospital, St. Joseph Hospital, Old Towne Orange, Angels Stadium, Disneyland, OC Vibe, major employment centers, dining, shopping, and multiple freeways.
The newly built 2025 ADU significantly enhances both current income and long-term value. In addition to increasing rental revenue, it provides future flexibility for owner occupancy, multigenerational living, executive housing, or continued supplemental rental income, making the property attractive to both investors and owner-users.
With strong in-place leases, immediate stabilized income, a brand-new ADU, and a location supported by multiple demand drivers, this property offers an exceptional combination of cash flow, appreciation potential, and long-term investment stability. Opportunities to acquire properties with proven rental performance, multiple income streams, and limited maintenance in this highly desirable Orange submarket are increasingly rare.
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.
Location
State CA
County Orange
Area Oto - Old Towne Orange
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Driveway
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 03902407
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Gregory Lucido Gregory Lucido


