Old Towne Orange (OTO) Homes with None Parking features

Welcome to Old Towne Orange (OTO), a charming and historic enclave nestled in the heart of Orange County, California. Renowned for its delightful blend of vintage architecture and modern conveniences, Old Towne Orange is a treasure trove of character that beckons homebuyers looking for a unique living experience. With its picturesque tree-lined streets and vibrant community, it’s easy to see why this area is so coveted.

The historic district is brimming with quaint boutiques, artisanal cafes, and inviting restaurants, creating a lively atmosphere that encourages residents to explore and connect. Stroll through the iconic Plaza Square, where you can admire the beautifully preserved buildings dating back to the late 1800s, or enjoy a leisurely afternoon at one of the local parks, perfect for family outings or peaceful retreats.

When it comes to housing in Old Towne Orange, you’ll find a diverse selection of homes that reflect the area’s rich history. Notably, many properties in this charming district come with none parking features, allowing homeowners to embrace a more pedestrian-friendly lifestyle. Imagine stepping out of your front door and being just a short walk away from vibrant shops, delightful dining, and community events, all without the hassle of parking.

Whether you’re a first-time homebuyer, looking to downsize, or seeking a vibrant community to plant your roots, Old Towne Orange offers a unique blend of history, convenience, and charm. Explore the possibilities of making this enchanting neighborhood your new home, where every day feels like a delightful adventure.

Newest Old Towne Orange (OTO) Homes with None Parking features

$1,688,000

PW26150615 MLS ⋅ Active Status

Positioned in one of Orange County's strongest rental submarkets, this income-producing property presents a rare opportunity to acquire a large bedroom-count home with immediate cash flow and significant long-term upside. Located just minutes from Chapman University, Historic Old Towne Orange, CHOC Children's Hospital, St. Joseph Hospital, shopping, restaurants, and major freeway access, the property benefits from a consistently strong tenant pool driven by students, medical professionals, and young professionals seeking housing in one of Orange County's most desirable communities. Built in 1922, the residence offers approximately 2,668 square feet above grade (basement not included) on a 7,263 square foot lot. The well-designed floor plan features seven bedrooms and four bathrooms, including one private ensuite bedroom, two spacious living rooms, and one shared kitchen. Six bedrooms share three bathrooms, thoughtfully configured with two bedrooms per bathroom. The basement includes the washer and dryer, central HVAC system, furnace, and water heater, maximizing the functionality of the primary living space. The property is currently occupied by tenants with tenants paying utilities. Existing leases contain a provision allowing the seller to require tenants to vacate upon transfer of ownership, providing a new owner with flexibility to reposition the asset, implement a new leasing strategy, renovate, or capture higher market rents. Current occupancy leaves an immediate opportunity to increase income. Additionally, existing rents appear below prevailing market rates for comparable private-bedroom rentals near Chapman University, creating further upside through strategic lease renewals and professional management. The surrounding neighborhood has demonstrated strong long-term appreciation, supported by Chapman University's continued expansion, ongoing investment in Historic Old Towne Orange, proximity to world-class healthcare employers, and limited inventory of large homes suitable for student and shared housing. These market fundamentals have consistently driven both rental demand and property values, making this an attractive acquisition for investors seeking stable cash flow with meaningful appreciation potential. This property offers an exceptional combination of current cash flow, operational flexibility, rental upside, and long-term value growth in one of Southern California's most sought-after investment markets.

454 S Glassell, Orange

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.