552 N Cambridge St Orange, CA 92867
Estimated payment $11,670/month
Highlights
- No HOA
- Laundry Room
- Heating Available
- Ductless Heating Or Cooling System
- Rectangular Lot
- Front Yard
About This Home
Rare opportunity for a student housing investor or Chapman parent! 552-554 N Cambridge St is located in a premier pocket of the City of Orange, just 0.4 miles to the prestigious and growing Chapman University, and provides immediate cash flow of over $137,000 annually (a 5% Cap rate), with additional upside. The front house is a 4 Bedroom 3 Bath that was Fully Renovated in 2022 (and partial New Construction), and the back unit is a New Construction 4 Bedroom 4 Bath unit which is Not Subject to Any Rent Control. Each unit has ensuite laundry, Air Conditioning, Forced Air Heat, High End Finishes, and private yard space for tenants' enjoyment. The property also has ample Parking - a 4-Car driveway, a single car Garage, and is situated on an Oversized 7,686 SF lot. In addition to the existing cash-flow, the property offers significant upside. With over 10% upside in current rents and the opportunity to convert the single car garage to a 3rd Unit, a Savvy investor also has the opportunity to significantly increase the income moving forward. It's not often you see New Construction Property with additional upside in one of the most sought after rental markets in Orange County. This provides access to a strong and steady student renter base - a unique hedge against any future CA rent control initiatives. Reach out to the listing team for more information and debt quotes.
Listing Agent
Younglewin Advisors, Inc. Brokerage Phone: 424-224-9344 License #01932742 Listed on: 02/01/2026
Co-Listing Agent
Younglewin Advisors, Inc. Brokerage Phone: 424-224-9344 License #01963090
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2022
Lot Details
- 7,686 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
- Front Yard
Parking
- 4 Open Parking Spaces
- 1 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,525 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Location
- Suburban Location
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Listing and Financial Details
- Legal Lot and Block 19 / 232
- Tax Tract Number 386
- Assessor Parcel Number 38623219
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Operating Expense $35,489
- Gross Income $137,940
- Net Operating Income $99,692
Map
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 | $10,837 | $993,266 | $681,823 | $311,443 |
| 2024 | $10,837 | $973,791 | $668,454 | $305,337 |
| 2023 | $10,598 | $954,698 | $655,348 | $299,350 |
| 2022 | $10,394 | $935,979 | $642,498 | $293,481 |
| 2021 | $7,668 | $684,900 | $629,900 | $55,000 |
| 2020 | $3,599 | $316,200 | $270,359 | $45,841 |
| 2019 | $3,554 | $310,000 | $265,057 | $44,943 |
| 2018 | $3,499 | $303,922 | $259,860 | $44,062 |
| 2017 | $3,357 | $297,963 | $254,764 | $43,199 |
| 2016 | $3,292 | $292,121 | $249,769 | $42,352 |
| 2015 | $3,243 | $287,734 | $246,018 | $41,716 |
| 2014 | $3,173 | $282,098 | $241,199 | $40,899 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2026 02/01/26 | For Sale | $2,090,000 | +205.2% | $828 / Sq Ft | |
| 07/31/2020 07/31/20 | Sold | $684,900 | 0.0% | $668 / Sq Ft | View Prior Sale |
| 05/26/2020 05/26/20 | Pending | -- | -- | -- | |
| 02/16/2020 02/16/20 | For Sale | $684,900 | -- | $668 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $685,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $225,000 | American Title Co | |
| Grant Deed | $173,000 | American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $526,846 | Commercial | |
| Previous Owner | $150,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26020835
APN: 386-232-19
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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Ask me questions while you tour the home.