Home | Orange County | Orange | 92868 | 417 N Citrus St
MLS: CROC26082972 | Status: Active | Price: $1,695,000
Beds/Baths: 6 / 3
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 6 | 3 | 2,150 | 6,600 | 1950 |
Located in the heart of Orange, just steps from Chapman University, 417 N Citrus Ave offers a proven income-producing setup with strong in-place rents and long-term upside. The property includes a 4 bedroom, 2 bathroom front house and a newly built 2 bedroom, 1 bathroom ADU (419) completed in 2024. The front home features a flexible layout with a variety of room sizes, ideal for student housing or a traditional living setup. The ADU is finished with modern touches and an efficient design, creating a separate and private living space. Each unit has its own laundry. The front house includes a washer and dryer in the garage, while the ADU has its own in-unit washer and dryer, making both spaces fully functional for Tenants. Strong rental income is already in place. The front house is leased at $5,960 per month through May 31, 2026. The ADU is leased at $3,200 per month through May 31, 2027, providing immediate cash flow and stability. Combined gross income is $9,160 per month, or $109,920 annually. At the current list price of $1,695,000, this equates to approximately a 15.4 GRM and an estimated 4.9% CAP rate, benefiting from a low expense profile with Tenants paying utilities and minimal ongoing maintenance. With its close proximity to Chapman University and surround
| Field | Value |
|---|---|
| MLS # | CROC26082972 |
| MLS Source | California Regional MLS |
| Days on Site | 6 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Fireplace | Living Room |
| Laundry | In Garage |
| Cooling | Central Forced Air |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
| Elementary District | Orange Unified |
| High School District | Orange Unified |
| HOA Fee | $0 |
Jacob Neal
BHHS Drysdale Properties
License #: 02097852
Phone: –
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Sycamore Elementary School | public | K-6 | 0.28 mi | 6 |
| Portola Middle School | public | 6-8 | 0.44 mi | 5 |
| Richland Continuation High School | public | 9-12 | 0.51 mi | 1 |
| West Orange Elementary School | public | K-6 | 0.60 mi | 5 |
| Orange High School | public | 9-12 | 0.98 mi | 5 |
| Cambridge Elementary School | public | K-6 | 1.11 mi | 2 |
| Yorba Middle School | public | 6-8 | 1.30 mi | 6 |
| California Elementary School | public | K-6 | 1.40 mi | 7 |
| Palmyra Elementary School | public | K-6 | 1.48 mi | 7 |
| Fairhaven Elementary School | public | K-6 | 1.55 mi | 7 |
| Taft Elementary School | public | K-6 | 2.06 mi | 7 |
| Handy Elementary School | public | K-6 | 2.07 mi | 7 |
| OUSD Community Day School | public | 7-12 | 2.08 mi | N/A |
| OUSD Home School | public | K-12 | 2.08 mi | 4 |
| OUSD EDGE Virtual Academy | public | K-12 | 2.08 mi | 9 |
| Rop-Career Education | public | UG | 2.11 mi | N/A |
| Santiago Elementary School | public | K-8 | 2.22 mi | 4 |
| Sierra Preparatory Academy | public | K-8 | 2.26 mi | 2 |
| Guinn (James M.) Elementary School | public | K-6 | 2.27 mi | 3 |
| Lampson Elementary School | public | K-5 | 2.35 mi | 5 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2331 E Adams Ave | $1,499,000 | 5 | 4 | 2,869 | Active |
| 390 N Milford | $1,665,000 | 5 | 4 | 3,387 | Active |
| 2214 N Westwood | $1,995,000 | 4 | 3 | 2,878 | Active |
| 801 S Fairmont Way | $1,595,000 | 4 | 2/1 | 2,214 | Active |
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This listing information is up-to-date as of April 23, 2026. For the most current information, please contact Jacob Neal.