1305 W Beverly Dr Orange, CA 92868
Estimated payment $7,601/month
Total Views
4,856
5
Beds
2
Baths
1,763
Sq Ft
$728
Price per Sq Ft
Highlights
- No HOA
- 2 Car Garage
- 5-minute walk to El Camino Real Park
- Laundry Room
- 1-Story Property
About This Home
Berkshire Hathaway Drysdale Properties is pleased to present a prime investment opportunity at 1305 W Beverly, located in the heart of Orange, California—just minutes from Chapman University.
This 5-bedroom, 2-bathroom home is fully leased through June 30, 2026, generating $6,650 per month in rental income. With a long-term lease in place, the property offers vimmediate cash flow and minimal turnover risk in one of the most desirable off-campus housing zones for Chapman students.
The home is thoughtfully configured for student living, offering private bedrooms, spacious shared areas, and a large backyard that creates a strong opportunity for a future ADU addition. A two-car garage adds value and functionality, while the home’s location on a street already populated with student rentals ensures ongoing rental demand and investment stability.
As Chapman University’s enrollment continues to grow—and with underclassmen required to live on campus—upperclassman demand for nearby rentals has surged. 1305 W Beverly sits squarely in that target zone, making it an ideal low-maintenance, income-producing property for investors looking to tap into one of Orange’s most resilient rental markets.
Whether you're expanding your portfolio or entering the student housing space for the first time, this property offers both strong returns and long-term upside.
Listing Agent
BHHS Drysdale Properties Brokerage Phone: 209-642-2292 License #02097852 Listed on: 07/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,430
Year Built
- Built in 1955
Lot Details
- 6,150 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
Interior Spaces
- 1,763 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Listing and Financial Details
- Tax Lot 103
- Tax Tract Number 1431
- Assessor Parcel Number 03929510
- $392 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Building Details
- 1 Leased Unit
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,430 | $678,939 | $604,151 | $74,788 |
| 2024 | $7,430 | $665,627 | $592,305 | $73,322 |
| 2023 | $7,266 | $652,576 | $580,691 | $71,885 |
| 2022 | $7,126 | $639,781 | $569,305 | $70,476 |
| 2021 | $6,927 | $627,237 | $558,142 | $69,095 |
| 2020 | $6,864 | $620,806 | $552,419 | $68,387 |
| 2019 | $6,777 | $608,634 | $541,587 | $67,047 |
| 2018 | $6,674 | $596,700 | $530,967 | $65,733 |
| 2017 | $6,396 | $585,000 | $520,555 | $64,445 |
| 2016 | $4,962 | $446,710 | $380,559 | $66,151 |
| 2015 | $5,387 | $495,000 | $425,000 | $70,000 |
| 2014 | $4,518 | $412,368 | $342,368 | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Pending | -- | -- | -- |
| 07/12/2025 07/12/25 | For Sale | $1,284,000 | 0.0% | $728 / Sq Ft |
| 06/10/2025 06/10/25 | Rented | $6,650 | +9.1% | -- |
| 05/05/2025 05/05/25 | Price Changed | $6,095 | -5.5% | $3 / Sq Ft |
| 04/27/2025 04/27/25 | Price Changed | $6,450 | -5.1% | $4 / Sq Ft |
| 04/19/2025 04/19/25 | For Rent | $6,795 | 0.0% | -- |
| 05/06/2015 05/06/15 | Sold | $460,000 | +4.5% | $363 / Sq Ft |
| 02/26/2015 02/26/15 | Pending | -- | -- | -- |
| 02/20/2015 02/20/15 | For Sale | $440,000 | -- | $347 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $440,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Grant Deed | $560,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $181,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $392,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $399,000 | New Conventional | |
| Previous Owner | $112,000 | Unknown | |
| Previous Owner | $448,000 | Purchase Money Mortgage | |
| Previous Owner | $112,400 | Credit Line Revolving | |
| Previous Owner | $342,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $97,500 | Credit Line Revolving | |
| Previous Owner | $215,000 | No Value Available | |
| Previous Owner | $35,000 | Unknown | |
| Previous Owner | $179,798 | FHA |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25156939
APN: 039-295-10
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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