Contacts

Dan Lewin

Young Lewin Advisors

Property Details

Property Type Multi-Family
Property Size 2,250 SF
Units 2
Additional Rent Contact for pricing
Date Updated Dec 10, 2024

Chapman UniversityYoungLewin Advisors is pleased to present a unique student housing investment opportunity located in Orange, CA walking distance to highly-acclaimed Chapman University. Chapman offers 50+ majors and is home to over 10,000 students with high-income family demographics overall. The front house was fully renovated in 2024 and the ADU is brand-new construction, built in 2024. The project was built by one of the most active student housing investors in the area with a keen eye for student preferences and tastes developed over double—digit amount of projects in the area in the last few years. As a result, 456 N Batavia is highly sought after by students each year. The current owner is willing to continue as property manager if desired by buyer. Each bedroom has it’s own keypad lock and individual climate control (air conditioning). The property boasts attractive curb appeal is located in a low-density residential neighborhood with ample street parking in addition to the driveway parking on the property. Offered at a 4.78% Cap rate and a 15.17 GRM, this asset offers stable cash flow and steady tenant demand in a supply-constrained area ensuring an appreciating long-term investment. This asset would be an ideal purchase for either a student housing investor or a Chapman family looking for a student housing optimized property for owner use.

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Highlights

Fully Renovated with Brand New ADU Construction
Keypad Locks and In-Unit Laundry
Stable Cash Flow and Steady Tenant Demand
Prime Student Housing Location, Walking Distance to Chapman University

Getting around

66/100
Walk Score ®
43/100
Transit Score ®
55/100
Bike Score ®

Powered by Walk Score ®

City Orange, CA
Zip Code 92866
Market Orange County

Points of Interest

Orange

0.48 miles
Anaheim Regional Transportation Intermodal Center

1.08 miles
Sunset Boulevard Stop

3.29 miles
Hollywood East Stop

3.32 miles
Tomorrowland Station

3.33 miles
Carthay Circle Stop

3.41 miles
Buena Vista Street Stop

3.41 miles
Main Street Station

3.44 miles
The Hub

3.49 miles
Mickey's Toontown Depot

3.54 miles

Arco

0.50 miles
SC Fuels

0.81 miles
ChargePoint

0.87 miles
7-Eleven

0.95 miles
Ralphs

1.00 miles
76

1.01 miles
Chevron

1.17 miles
Tesla Supercharger

1.37 miles
Shell

1.41 miles
Blink

1.63 miles

West Palm Industrial Lot

0.25 miles
Cypress Lot

0.30 miles
Becket Lot

0.40 miles
West Campus Structure

0.42 miles
Barrera Structure

0.44 miles
Knott Studios Lot

0.47 miles
Metrolink Parking Structure

0.52 miles
Hashinger Lot

0.70 miles
Davis Lot

0.73 miles
Conference Center Lot

0.73 miles

Best Western Orange Plaza

0.54 miles
The Richland

0.64 miles
Days Inn by Wyndham Orange Anaheim

0.74 miles
Castaway Motel

0.77 miles
Angel Motel

1.03 miles
Extended Stay America

1.07 miles
Ayres Hotel Anaheim

1.20 miles
Civic Center Inn

1.48 miles
Embassy Suites

1.61 miles
Red Roof Inn Santa Ana

1.61 miles

Ralphs

0.52 miles
JCPenney

1.27 miles
Macy's

1.33 miles
MainPlace Mall

1.38 miles
Mother's Market

1.48 miles
Big Lots

1.53 miles
Albertsons

1.53 miles
Grocery Outlet

1.61 miles
Stater Bros.

1.67 miles
Smart & Final Extra!

1.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.