$2,100,000
620 N Cambridge Street, Orange CA 92867
Multi-Family (Duplex)
Property type
1 day
On market
$632
Price per sqft
2 cars
Garage
1951
Year built
8,711 sqft
Lot size
Open Houses
Overview
Just listed in the heart of Old Towne Orange, steps from Chapman University. This turnkey student housing investment offers two structures on one lot delivering immediate stabilized income with built-in demand. The front house has been extensively renovated and thoughtfully reconfigured into a 6 bedroom 4 bathroom layout purpose-built for student occupancy. Improvements...
Listing provided by: Daniel Gomez DRE #02081392 562-318-0214, Younglewin Advisors, Inc.
Listing updated: Jun 6, 2026 at 05:23pm.
Last checked: Jun 6, 2026 at 06:00pm
Source: CRMLS #PW26123522
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 6 | 4 | 1 | $8,495 | $8,495 | $8,995 | Unfurnished |
| 1 | 2 | 1 | 1 | $3,100 | $3,100 | $3,195 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: No
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
15.1x
List Price / Annual Gross Rent
Cap Rate
4.71%
NOI / List Price
Gross Scheduled Income: $139,140
Vacancy Allowance: $2,783
Vacancy Allowance Rate: 2%
Operating Expense: $37,379
Net Operating Income: $98,978
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $3,323
Maintenance: $1,500
New Taxes: $22,804
Pest Control: $395
Professional Management: $6,957
Trash: $0
Water / Sewer: $0
Other Expense: $1,200
Interior
Laundry: Inside
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 2
Uncovered Spaces: 4
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 38624121
Additional Parcels: No
Tax Lot: 6
Tax Block: E
Community
Senior Community: No
Community Features: Biking, Curbs, Dog Park, Sidewalks
Nearby Schools
Nearby schools around the 620 N Cambridge Street, Orange, CA 92867. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,680,000
Total Interest
$2,142,747
Total Payment
$3,822,747
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,956
per month
Property History for 620 N Cambridge Street
Orange Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92867.
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