367 N Waverly, Orange, CA 92866

Investing in student housing provides numerous advantages, such as inflation resistance and limited impact from rent control due to frequent turnover. With its prime location just 0.7 miles from Chapman University, renowned for its film school and business programs, 367 N. Waverly St offers a lucrative opportunity. The property, fully occupied with a monthly income of $9,600, features a meticulously remodeled front house and a separate ADU. This diversity of rental units minimizes risk by providing multiple income streams. The front house boasts modern updates, keyless entry for each bedroom, and individual climate control, making it ideal for student rentals. The detached ADU offers a private living space. Both units have access to the landscaped backyard and a hot tub. Situated in a residential neighborhood with ample street and onsite parking, this property offers excellent curb appeal. Don't miss the chance to add 367 N. Waverly St to your investment portfolio.