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$1,975,000
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Property Description
Exceptional investment opportunity just one block from Chapman University. This property features two fully leased homes generating $11,200 in monthly rental income. The front house offers 3(4) bedrooms and 2 bathrooms, while the grandfathered back house provides 4 bedrooms and 4 bathrooms-a rare setup that maximizes rent potential.
Both homes are designed for student living with private bedrooms, multiple bathrooms, and functional layouts that remain in high demand year after year. Located in one of Orange's most desirable student housing corridors, the property benefits from strong, consistent occupancy and proximity to campus, Old Towne Orange, shopping, and dining.
With Chapman's continued growth and limited nearby housing supply, 337 / 339 E Everett presents investors with immediate cash flow, long-term upside, and minimal vacancy risk in a proven rental market.
Full Property Details
Full Property Details for 337 E Everett Pl
General
- Sold For: $1,975,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25214986
- Added to Site: 128 day(s) ago
Rooms
Other Rooms
- Laundry: In Garage, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Driveway Level, Garage
- Parking: Driveway Level, Garage
Location
- Area: OTO - Old Towne Orange
- County: Orange
- Development Name: OTO - Old Towne Orange
- Driving Directions: From Chapman, North on Grand, East on Everett Pl
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,030
- Year Built: 1954
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.1613
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $972.91
- Price Per Unit: 1047500
Listed by BHHS Drysdale Properties, Jacob Neal
Sold by Luxe Real Estate, Chloe Amen
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Schools
Schools serving 337 E Everett Pl
School District:Orange Unified School District
| Name | Grades | Distance |
|---|---|---|
Cambridge Elementary School 425 North Cambridge Street, Orange, CA 92866 | K-6 | 0.5 mi |
Yorba Middle School 935 North Cambridge Street, Orange, CA 92867 | 6-8 | 0.5 mi |
Orange High School 525 North Shaffer Street, Orange, CA 92867 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 337 E Everett Pl
Date
Details
Price
Change
Source
11/14/2025
Sold
$1,975,000
-5.73%
MLS
9/11/2025
Listed
$2,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
337 E Everett Place, Orange, CA 92867 (MLS# OC25214986) is a Multi-Family property that was sold at $1,975,000 on November 14, 2025. Want to learn more about 337 E Everett Place? Do you have questions about finding other Multi-Family real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.

