1200 W Sycamore
Orange, CA, 92868 $ 1,480,000
Baths1.0 Sq 1,901 Monthly Estimate*
$ 9,345
Listed by BHHS Drysdale Properties
Studio for $1,480,000 with 1 full bath. This 1,901 square foot home was built in 1954 on a lot size of 0.1398.
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.
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FeaturesGeneralSewer Public Sewer
Cooling Central Air
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1954
Tenant Pays All Utilities
Property Subtype Single Family Residence
Gross Income 103200
Community Features Sidewalks
County Orange
Net Operating Income 68163
Operating Expense 35037
Insurance Expense 1185.8
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Pending
Directions Chapman - Go W on Walnut N on Batavia W on Sycamore.
City Orange
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area OTO - Old Towne Orange
Lot Size Units Square Feet
Lot Size Square Feet 6090
Listing Terms Cash Conventional 1031 Exchange Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Current Financing Conventional
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://my.matterport.com/show/?m=fzoDkNsirmn
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 7
Property Sub Type Additional Single Family Residence
Taxes 7458
Cap Rate 5.5
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InteriorFireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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ExteriorParking Features Driveway
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 6090
Number of Buildings 2
Building Area Total 1901
Lot Size Acres 0.1398
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded FeaturesList ByBhhs Drysdale PropertiesBroker
jacob.neal@bhhsdrysdale.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,345
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Orange, CA
Average List Price $1,789,241
Percent of Sale Price 21%
About Orange, CA 138,709 Population
6% Since 2002
$ 80,921 Median Income
37.02 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/9/2026 | $1,480,000 | -1.27% | Price Down |
| 5/15/2026 | $1,499,000 | | Listed Price |