Home | Orange County | Orange | 92868 | 420 N Batavia
420 N Batavia, Orange, CA 92868
MLS: CRPW26212529 | Status: Active | Price: $1,875,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
6,401 |
2023 |
Just listed near the heart of Old Towne Orange, 420 N. Batavia Street is a turnkey Chapman University student housing investment with two spacious, detached homes on one lot. It's a great fit for either a cash-flowing investment or an owner user. The front house was taken down to the studs and rebuilt with a new construction expansion into a 4 bedroom, 3 bath open floor plan layout purpose-built for student living. The rear house is a brand-new 2023 construction 4 bedroom, 4 bath home built from the ground up. Together the property offers 8 bedrooms and 7 baths across 2,445 SF on a 6,401 SF lot. Both homes feature luxury vinyl plank floors, new high-end finishes and appliances, private bed/baths, ensuite laundry, air conditioning, and private patios. Tenants share a large backyard with a lounge area and spa.
The property has been 100% pre-leased since 2023 with steady rent growth year over year. It is fully leased at $10,955/mo, and every lease carries a parental guarantee, giving you secure income and reduced credit risk. At $1,875,000, 420 N. Batavia is offered at a 5.02% cap rate, a 14.26 GRM, and $234,375 per bedroom. That is the lowest GRM and lowest price per bedroom of any comparable Chapman-area sale in the past two years. It is about 17% below the median price per bedro
| Field |
Value |
| MLS # |
CRPW26212529 |
| MLS Source |
California Regional MLS |
| Days on Site |
7 |
Features
Interior Features
| Feature |
Details |
| Appliances |
Other, Dryer, Washer |
Exterior Features
| Feature |
Details |
| Pool |
None |
| Feature |
Details |
| Garage/Parking |
Garage: 1 Car(s) |
| Listing Agent |
Co-Listing Agent |
| Shane Young |
Daniel Lewin |
| Younglewin Advisors, Inc. |
Younglewin Advisors, Inc. |
| License #: 01963090 |
License #: 01932742 |
| Phone: – |
Phone: – |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
– |
2 |
Nearby Homes
Disclosures
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This listing information is up-to-date as of October 02, 2026. For the most current information, please contact Shane Young.