$10,000 Closing Credit¹
#PW25086483, Albert Ricci, Listing office: Ricci Realty
#OC25121417·
Listing office: BHHS Drysdale Properties·
Listing agent: Jacob Neal·
Listing office phone: 209-642-2292
$1,249,000 List price
611 W Walnut Ave Orange, CA 92868
$10,000
Closing credit¹
2 beds
1 full
792 sqft
0.08 acres
$1,577 / sqft
House
Property details
About 611 W Walnut Ave
A prime investment opportunity at 611 and 613 W Walnut in Orange, California. Located just minutes from Chapman University, these two standalone homes—each featuring 2 bedrooms and 2 bathrooms—offer stable rental income in a high-demand student housing market. The homes are fully leased, with 611 W Walnut bringing in $3,150 monthly and 613 W Walnut achieving a strong $3,425 monthly rent, showcasing the property's upside potential. The below-market rent at 611 highlights a clear path for future income growth, while the higher rent at 613 sets the benchmark for what both homes can achieve. Both units cater perfectly to Chapman students seeking privacy, modern amenities, and proximity to campus. Situated on a quiet, permit-only parking street with updated features and strong rental appeal, these properties are easy to lease and ideal for hands-off ownership. With stabilized tenants, consistent demand from Chapman’s growing student population, and the proven rent performance of 613, this offering provides a compelling mix of immediate income and future upside. Whether you're a seasoned investor or looking to break into the Orange market, 611 and 613 W Walnut deliver the kind of reliable returns and appreciation potential that make for a smart long-term hold.
Highlights
Home typeSingle Family Residence
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size792 sqft
Lot size0.0809 Acres
Year built1947
MLS #OC25121417
Summary
- Full Bathrooms: 1
- Interior: All Bedrooms Down
- Fireplace: None
- Total Bedroom Count: 2
- Private Pool: No
- Cooling: Central Air
- List Price: $1,249,000
- Price/SqFt: $1,577
- HOA Amount: $0
- Annual Tax Amount: $8,498
- Tax Year: 2024
- Directions: From Chapman, West Walnut
- Year Built: 1947
- Stories: 1
- Living Area: 792 SqFt
- Lot Size: 0.0809 Acres
- MLS Number: OC25121417
- MLS Name: CRMLS
- Office Name: BHHS Drysdale Properties
- Office Phone: (209) 642-2292
- Listing Agent: Jacob Neal
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/30/2025, 1:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,249,000
611 W Walnut Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 04, 2021 | Home Sold | $600,000 |
| Dec 13, 2013 | Home Sold | $395,000 |
| Jul 08, 2010 | Home Sold | $305,000 |
| Mar 20, 1992 | Home Sold | $330,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $752,607 | $8,498 |
| 2023 | $737,850 | $8,309 |
| 2022 | $612,000 | $6,971 |
| 2021 | $447,338 | $5,044 |
| 2020 | $442,752 | $4,997 |
| 2019 | $434,071 | $4,861 |
| 2018 | $425,560 | $4,861 |
| 2017 | $417,216 | $4,662 |
History based on county public records data.
Nearby schools
7
Sycamore Elementary School
Public District KG-6
0.5 mi
•340 N Main St
8
West Orange Elementary School
Public District KG-5
0.8 mi
•243 S Bush St
2
Cambridge Elementary School
Public District KG-6
0.9 mi
•425 N Cambridge St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,448. Typical income of Orange, CA residents is between $35k-100k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
39%
<35k
52%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
17%
Single, with Kids
12%
Married, No Kids
39%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
12%
12-17 yrs old
32%
18-34 yrs old
31%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Continuing Education Courses
NBA/WNBA
Where do the neighbors shop?
Burlington
Express/Express For Men
Forever 21
Where do the neighbors go to eat?
Popeyes
Qdoba
Starbucks
What do the neighbors drive?
Dodge
Volkswagen
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 611 W Walnut Ave
The listing price of 611 W Walnut Ave property is $1,249,000.
The property 611 W Walnut Ave is a house located in Orange, California, 92868.
Accepting Backup Offers: 611 W Walnut Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 611 W Walnut Ave are: Sycamore Elementary School (GreatSchools Rating 7/10), West Orange Elementary School (GreatSchools Rating 8/10), Cambridge Elementary School (GreatSchools Rating 2/10), Portola Middle School (GreatSchools Rating 4/10), Yorba Middle School (GreatSchools Rating 4/10), Sierra Preparatory Academy (GreatSchools Rating 2/10), Richland Continuation High School (GreatSchools Rating 2/10), Orange High School (GreatSchools Rating 5/10), Unity Middle College High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $8,498 (source: MLS/based on county public records data).
The last sale was on March 4, 2021 for $600,000 (source: MLS/tax record).
The property at 611 W Walnut Ave has 2 bedrooms and 1 bathroom.
The property 611 W Walnut Ave is 792 SqFt (source: MLS/tax record).
The year of construction for 611 W Walnut Ave is 1947.
This home is located at 611 W Walnut Ave in Orange, CA and zip code 92868. This 792 square foot home, which was built in 1947, sits on a 0.08 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $1,249,000.
While more than 19 listings in Orange, CA in May 2025 were sold above asking price, there were more than 12 listings sold at asking price, and more than 19 were sold below. In May 2025 in Orange, CA there were 4.2% less homes for sale than in April. Listings spent 27 days on the market in May 2025, and had a median list price of $1,123,333 during the same period.
From Rocket Homes Real Estate and based on county public records data.