Description

1200 W Sycamore presents a rare opportunity to acquire a fully leased, income-producing investment property in one of Oranges 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 propertys central Orange location also appeals to professionals seeking convenient access to CHOC Childrens 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

Features