$2,110,000
SOLD JUL 10, 2026

620 N Cambridge St Orange, CA 92867

Orange Area
8 Beds
5 Baths
3,323 Sq Ft
8,711 Sq Ft Lot

Sale Details

Date Sold: July 10, 2026

$635 Per Sq Ft

3 Days on Market

Highlights

  • Bike Trail
  • Dog Park
  • 1-Story Property

About This Home

As of July 2026

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 include all new plumbing, electrical, kitchens, bathrooms, select new windows, a newer roof, and a newly constructed rear deck. The back unit is a brand new 2024 construction ADU built from the ground up. Combined the property offers 8 bedrooms and 5 bathrooms across two structures with 2 garage spaces and 4 driveway parking spots.
Current leases include parental guarantees providing investors with surety of income and significantly reduced credit risk. With Chapman University enrollment consistently strong and walkable proximity to campus, this asset benefits from perpetual housing demand and low vacancy risk.
A rare opportunity to acquire a stabilized, low maintenance student housing asset in one of Orange County's most supply constrained submarkets.

Last Agent to Sell the Property

Daniel Gomez

Younglewin Advisors, Inc. Brokerage Phone: 562-266-7629 License #02081392 Listed on: 06/06/2026

Last Buyer's Agent

Elizabeth Comerford

Coldwell Banker Realty License #01188116

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,804

Year Built

  • Built in 1951

Lot Details

  • 8,711 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,323 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 6 / E
  • Tax Tract Number 175
  • Assessor Parcel Number 38624121
  • $559 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $3,323
  • Maintenance Expense $1,500
  • Other Expense $1,200
  • Pest Control $395
  • Professional Management Expense $6,957
  • New Taxes Expense $22,804
  • Operating Expense $37,379
  • Gross Income $139,140
  • Net Operating Income $98,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,804

Year Built

Built in 1951

Lot Details

8,711 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.71
  • Professional Management Expense: 6957.00
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 38624121
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 634.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Pest Control Expense: 395.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Biking, Dog Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8711.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 139140.00
  • Gross Operating Income: 136357.00
  • Gross Scheduled Income: 139140.00
  • Insurance Expense: 3323.00
  • Lot Size Area: 8711.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 98978.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 37379.00
  • Operating Expense Percent: 27.41
  • Other Expense: 1200.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Total Expenses: 37379.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 22804.00
  • Tax Block: E
  • Tax Lot: 6
  • Tax Rate: 1.06
  • Tax Tract Number: 175
  • Tax Annual Amount: 22804.00
  • Tax Year: 2026
  • TaxOtherAnnualAssessmentAmount: 559.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Bought by

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 1, 2021
Sold by
Bought by
Seller's Agent
nick collins
The Agency
Buyer's Agent
nick collins
The Agency
List Price
$889,000
Sold Price
$955,000
Premium/Discount to List
$66,000
7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,160,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $955,000 Fidelity National Title Co
Quit Claim Deed -- Fidelity National Title
Grant Deed $482,000 Fidelity National Title
Individual Deed $187,000 Guardian Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,380,000 New Conventional
Closed $1,214,088 New Conventional
Previous Owner $1,160,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Previous Owner $30,500 Credit Line Revolving
Previous Owner $296,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $234,000 Unknown
Previous Owner $61,000 Stand Alone Second
Previous Owner $32,000 Credit Line Revolving
Previous Owner $177,650 No Value Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2026 07/10/26 Sold $2,110,000 +0.5% $635 / Sq Ft
06/09/2026 06/09/26 Pending -- -- --
06/06/2026 06/06/26 For Sale $2,100,000 0.0% $632 / Sq Ft
06/24/2024 06/24/24 Rented $7,800 0.0% --
05/22/2024 05/22/24 Price Changed $7,800 -11.9% $4 / Sq Ft
05/14/2024 05/14/24 For Rent $8,850 -1.2% --
02/28/2023 02/28/23 Rented $8,960 +92.7% --
02/01/2023 02/01/23 Price Changed $4,650 -3.1% $2 / Sq Ft
02/01/2023 02/01/23 Price Changed $4,800 -46.3% $2 / Sq Ft
12/20/2022 12/20/22 For Rent $8,940 0.0% --
08/23/2021 08/23/21 Sold $955,000 +7.4% $472 / Sq Ft View Prior Sale
06/25/2021 06/25/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $889,000 -- $439 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,173 $1,190,829 $848,766 $342,063
2024 $12,885 $1,167,480 $832,124 $335,356
2023 $11,626 $1,052,081 $815,808 $236,273
2022 $10,456 $955,000 $799,812 $155,188
2021 $6,328 $570,022 $412,632 $157,390
2020 $6,270 $564,178 $408,401 $155,777
2019 $6,192 $553,116 $400,393 $152,723
2018 $6,098 $542,271 $392,542 $149,729
2017 $5,845 $531,639 $384,845 $146,794
2016 $5,732 $521,215 $377,299 $143,916
2015 $5,649 $513,386 $371,631 $141,755
2014 $5,529 $503,330 $364,351 $138,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26123522

California Regional Multiple Listing Service (CRMLS)

APN: 386-241-21

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