1200 W Sycamore
Orange, CA, 92868 $ 1,499,000
Baths1.0 Sq 1,901 Monthly Estimate*
$ 9,230
Listed by BHHS Drysdale Properties
Studio for $1,499,000 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 investment opportunity in the heart of Orange with strong in-place rental income, a newly built 2025 ADU, and consistent demand driven by its prime location near Chapman University and some of Orange County’s largest employment and entertainment hubs. The property currently generates $8,600 per month in rental income, totaling over $103,000 in projected annual gross income. The front house is leased at $6,600 per month beginning July 1, while the detached 2025 ADU generates an additional $2,000 per month. With historically low vacancy and strong rental performance year after year, this property offers immediate cash flow with long-term upside potential. Located in one of Orange’s most sought-after rental corridors near Chapman University, the property consistently attracts tenants seeking housing close to campus, helping drive above-market rental demand compared to many traditional single-family rentals. At the same time, the location appeals far beyond the university market with convenient access to CHOC, St. Joseph Hospital, Angels Stadium, Disneyland, OC Vibe, Old Towne Orange, dining, entertainment, and major Orange County freeways. The newly constructed ADU adds flexibility and value by creating multiple income streams and future options for owner occupancy, multigenerational living, or supplemental rental income. This property is ideal for investors seeking stable cash flow in a high-demand rental market, owner-users looking to offset expenses with rental income, or parents wanting to secure housing for a Chapman student while benefiting from long-term appreciation potential. Investment opportunities combining strong income, a brand-new ADU, central Orange location, and proven rental demand are increasingly difficult to find.
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FeaturesGeneralSewer PublicSewer
Cooling CentralAir
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1954
Tenant Pays AllUtilities
Property Subtype SingleFamilyResidence
Gross Income 103200
Community Features Sidewalks
County Orange
Net Operating Income 68163
Operating Expense 35037
Insurance Expense 1185.8
New Construction false
Property Type ResidentialIncome
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
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 SquareFeet
Lot Size Square Feet 6090
Listing Terms Cash Conventional Exchange1031 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 SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 7
Property Sub Type Additional SingleFamilyResidence
Taxes 7458
Cap Rate 5.5
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InteriorFireplace Features None
Total Stories 1
Common Walls OneCommonWall
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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ExteriorParking Features Driveway
Lot Features TwoToFiveUnitsAcre
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
- $9,230
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 NearbySingle family listings in Orange, CA
Average List Price $1,402,357
Percent of Sale Price 6%
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 |
|---|
| 5/15/2026 | $1,499,000 | | Listed Price |
1200 W Sycamore, Orange, CA, 92868 is a Single Family Home for sale at $1,499,000 with 1,901 sqft and a lot size of 0.1398. 1200 W Sycamore is a studio with 1.0 baths and was built in 1954. The property's zip code is 92868 which is in Orange, CA