714-914-4996

417 N Citrus Street,
Orange, CA 92868

$1,695,000

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Jansen Team

Jansen Team

714-914-4996

rob@jansen-team.com

Located in the heart of Orange, just steps from Chapman University, 417 N Citrus Ave offers a proven income-producing setup with strong in-place rents and long-term upside. The property includes a 4 bedroom, 2 bathroom front house and a newly built 2 bedroom, 1 bathroom ADU (419) completed in 2024. The front home features a flexible layout with a variety of room sizes, ideal for student housing or a traditional living setup. The ADU is finished with modern touches and an efficient design, creating a separate and private living space. Each unit has its own laundry. The front house includes a washer and dryer in the garage, while the ADU has its own in-unit washer and dryer, making both spaces fully functional for Tenants. Strong rental income is already in place. The front house is leased at $5,960 per month through May 31, 2026. The ADU is leased at $3,200 per month through May 31, 2027, providing immediate cash flow and stability. Combined gross income is $9,160 per month, or $109,920 annually. At the current list price of $1,695,000, this equates to approximately a 15.4 GRM and an estimated 4.9% CAP rate, benefiting from a low expense profile with Tenants paying utilities and minimal ongoing maintenance. With its close proximity to Chapman University and surrounding amenities, this property consistently attracts strong rental demand from students and long-term tenants alike. This is also a great opportunity to house hack, live in one unit while collecting income from the other, or continue operating it as a fully leased investment property in one of Orange’s most desirable rental locations.

Basic Information

MLS #:
OC26082972
Price:
$1,695,000
Price
(per sq ft):
$788.00
Address:
417 N Citrus Street ,
Orange, CA 92868
MLS Area:
72 - Orange & Garden Grove, E of Harbor, N of 22 F
Subdivision:
Other (OTHR)
Property
Type:
Single Family Residence
Days on Market:
11
Status:
Active
Bedrooms:
6
Bathrooms:
3
Full Baths:
3
Size (sq ft):
2,150 sq ft
Lot Size:
6,600 sq ft
Year Built:
1950
Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Down
Eating Area:
Laundry:
In Garage
Entry Location:
Citrus

Interior Features

Fireplace:
Living Room
Cooling:
Central Air
Heating:
Floor:
Appliances:
Interior Features:
Security:
Accessibility:

Garage and Parking

Garage:
Detached
Garage:
2 Spaces
Carport:
0 Spaces
Parking:

Home Owners Association

HOA Dues 1:
$0.00 /
HOA Dues 2:
$
HOA Amenities: 

Utilities

Water:
Public
Utilities:

School Information

District:
Orange Unified
Elementary:
Middle:
High:

Exterior Features

Pool:
None
Spa:
Patio:
View:
Neighborhood, See Remarks
Construction:
Foundation:
Roof:
Windows:
Common Walls:
No Common Walls
Levels:
One
Lot Features:
2-5 Units/Acre

Additional Information

County:
Orange
Senior Community:
No
Community Features:
Sidewalks
Other Structures:
Structure Condition:
Direction Faces:
Listed by:
BHHS Drysdale Properties , Jacob Neal , 02097852
Co-Listed:
Last
Updated:
4/29/2026 8:14 AM

417 N Citrus Street,
Orange, CA 92868

Jansen Team
Real Estate

Rob Jansen, Broker

California Office

Phone: 714-914-4996

4000 Barranca Parkway, Suite 250
Irvine, CA 92604

Email: rob@jansen-team.com

Idaho Office

Phone: 208-360-5198

2184 Channing Way , # 324
Idaho Falls, ID 83404

CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity

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