Old Towne Orange (OTO) Real Estate

Old Towne Orange (OTO) Real Estate

Welcome to Old Towne Orange (OTO), a charming and historic district nestled in the heart of Orange, California. This picturesque area is renowned for its vibrant blend of vintage architecture, quaint boutiques, and a warm, inviting community atmosphere. As you stroll through the tree-lined streets, you'll be captivated by the beautifully preserved buildings that date back to the early 1900s, giving the neighborhood a unique character that feels both nostalgic and welcoming.

Old Towne Orange is not just a feast for the eyes; it’s also a hub of cultural and culinary delights. The area is home to a variety of delightful cafes, gourmet restaurants, and artisanal shops, making it a perfect destination for food lovers and shoppers alike. Whether you’re savoring a fresh pastry at a local bakery or enjoying a meal at a cozy bistro, the flavors of Old Towne are sure to leave a lasting impression.

In addition to its culinary offerings, Old Towne Orange boasts a vibrant community calendar filled with events and activities throughout the year. From the bustling Orange International Street Fair to the charming holiday celebrations, there’s always something happening that brings residents and visitors together.

For families, Old Towne Orange is also known for its excellent schools and family-friendly parks, ensuring that it’s a wonderful place to raise children. With its rich history, vibrant community spirit, and beautiful surroundings, Old Towne Orange truly offers a one-of-a-kind living experience that captures the essence of Southern California charm. Come explore this hidden gem and discover why so many choose to call Old Towne Orange home!

Newest Listings in Old Towne Orange (OTO)

420 N Batavia, Orange
$1,875,000
PW26212529 MLS ⋅ Active Status
Just listed near the heart of Old Towne Orange, 420 N. Batavia Street is a turnkey Chapman University student housing investment with two spacious, detached homes on one lot. It's a great fit for either a cash-flowing investment or an owner user. The front house was taken down to the studs and rebuilt with a new construction expansion into a 4 bedroom, 3 bath open floor plan layout purpose-built for student living. The rear house is a brand-new 2023 construction 4 bedroom, 4 bath home built from the ground up. Together the property offers 8 bedrooms and 7 baths across 2,445 SF on a 6,401 SF lot. Both homes feature luxury vinyl plank floors, new high-end finishes and appliances, private bed/baths, ensuite laundry, air conditioning, and private patios. Tenants share a large backyard with a lounge area and spa. The property has been 100% pre-leased since 2023 with steady rent growth year over year. It is fully leased at $10,955/mo, and every lease carries a parental guarantee, giving you secure income and reduced credit risk. At $1,875,000, 420 N. Batavia is offered at a 5.02% cap rate, a 14.26 GRM, and $234,375 per bedroom. That is the lowest GRM and lowest price per bedroom of any comparable Chapman-area sale in the past two years. It is about 17% below the median price per bedroom and $165,000+ below every other 8-bedroom sale. Current rents average just $1,369 per bedroom, about 10% below comparable Chapman properties, taking the cap rate to 5.59% at market rents. Students win too: a full 12-month lease at 420 costs less than a 9-month single bedroom at Chapman's own Chapman Grand apartments. Owners can add further value by converting the garage or building a second detached ADU under California's new AB 956, and excellent loan terms are available. With nearly 10,000 students and consistently strong enrollment within walking distance, this professionally managed asset offers year-round demand, low vacancy risk, a unique hedge against California rent control, and long-term appreciation in one of Orange County's most desirable rental submarkets.

420 N Batavia, Orange

173 S Cypress, Orange
$1,625,000
PW26210579 MLS ⋅ Active Under Contract Status
173 South Cypress Street, zoned for residential or commercial — Old Towne Orange's Craftsman Trifecta!! Location. Quality. Tax savings. This turnkey historic 1916 Craftsman delivers all three — and it's ready for its next discerning owner. Just steps from the Orange Circle, this classic home sits in the heart of Old Towne, a short walk to the Plaza and the multitude of restaurants, shops, and events that make this neighborhood one of Orange County's most beloved. And thanks to its historic Mills Act status, ownership comes with substantial annual property tax savings, year after year. A Craftsman, reimagined with its full-width front porch, distinctive pillars, and classic gable roofline,  announces this home's pedigree before you even step inside. Beyond the door, this home has been touched from top to bottom, blending true Craftsman character with the ease of modern living. The open living and dining area flows seamlessly into the kitchen — ideal for the way people actually live today. Gleaming hardwood floors run throughout, while stainless steel appliances and a spacious dining area (perfect for a table or breakfast nook) anchor the kitchen. Three bedrooms, thoughtfully finished,  and two fully updated, luxurious bathrooms round out the interior, with each bedroom featuring ceiling fans and custom lighting. Gorgeous hardwood floors, crown molding and Craftsman-style woodworking add character throughout. The third bedroom offers flexible use as a nursery, home office, or guest space, and an inside laundry room adds everyday convenience. Last but not least, the amazing property offers outdoor living at its best! Step out back to a covered rear porch with ceiling fans and custom lighting — made for warm California summer nights. Beyond that, a covered pergola with a full outdoor kitchen and stainless steel appliances sets the stage for unforgettable summer barbecues and gatherings. The oversized new cement driveway offers potential for an ADU and RV parking. Timeless Craftsman charm, thoughtful updates, and a location that puts everything within reach, with property tax savings beyond compare. (Annual property taxes are only $3300 per year!) As a bonus, this property is zoned for either residential or commercial, so your opportunities are endless. Pack your bags and start living the Old Towne lifestyle today!

173 S Cypress, Orange

1104 W Palm Avenue, Orange
$1,450,000
5 Beds ⋅ 4 Baths ⋅ OC26206011 MLS ⋅ Active Status
Welcome to a beautifully renovated and incredibly versatile home in the heart of Orange. The renovation was completed at the end of 2022 & includes new PEX piping throughout, new HVAC system, new electrical & new vinyl double pane windows. This one-of-a-kind property offers the flexibility today’s buyers are looking for — live in one space and rent the other, accommodate extended family, or enjoy it as a high-income investment. Thoughtfully updated throughout, the home features modern kitchens, upgraded bathrooms, and stylish finishes that make it completely move-in ready. Designed with functionality in mind, the property provides two distinct living areas that offer both comfort and privacy. Primary residence consists of 3bed/3bath & secondary residence consists of a 2bed/1bath with separate entrance. The single-story home features an expanded floor plan with an approximately 724 sqft. constructed in the 1980s. Whether you're looking to offset your mortgage with rental income or create a multi-generational living setup, the possibilities here are endless. Situated on a spacious lot with ample parking, and conveniently located near shopping, dining, and major freeways, this home combines lifestyle and financial opportunity in one rare package. Opportunities like this don’t come often — a turnkey home with built-in income potential in a prime Orange location 1 mile from Chapman University/Providence St. Joseph's Hospital/Angels Stadium. Buyer to independently verify square footage, permits, zoning, and intended use.

1104 W Palm Avenue, Orange

173 S Cypress, Orange
$1,625,000
3 Beds ⋅ 2 Baths ⋅ PW26203161 MLS ⋅ Active Under Contract Status
173 South Cypress Street — Old Towne Orange's Craftsman Trifecta!! Location. Quality. Tax savings. This turnkey historic 1916 Craftsman delivers all three — and it's ready for its next discerning owner. Just steps from the Orange Circle, this classic home sits in the heart of Old Towne, a short walk to the Plaza and the multitude of restaurants, shops, and events that make this neighborhood one of Orange County's most beloved. And thanks to its historic Mills Act status, ownership comes with substantial annual property tax savings, year after year. A Craftsman, reimagined with its full-width front porch, distinctive pillars, and classic gable roofline,  announces this home's pedigree before you even step inside. Beyond the door, this home has been touched from top to bottom, blending true Craftsman character with the ease of modern living. The open living and dining area flows seamlessly into the kitchen — ideal for the way people actually live today. Gleaming hardwood floors run throughout, while stainless steel appliances and a spacious dining area (perfect for a table or breakfast nook) anchor the kitchen. Three bedrooms, thoughtfully finished,  and two fully updated, luxurious bathrooms round out the interior, with each bedroom featuring ceiling fans and custom lighting. Gorgeous hardwood floors, crown molding and Craftsman-style woodworking add character throughout. The third bedroom offers flexible use as a nursery, home office, or guest space, and an inside laundry room adds everyday convenience. Last but not least, the amazing property offers outdoor living at its best! Step out back to a covered rear porch with ceiling fans and custom lighting — made for warm California summer nights. Beyond that, a covered pergola with a full outdoor kitchen and stainless steel appliances sets the stage for unforgettable summer barbecues and gatherings. The oversized new cement driveway offers potential for an ADU and RV parking. Timeless Craftsman charm, thoughtful updates, and a location that puts everything within reach, with property tax savings beyond compare. (Annual property taxes are only $3300 per year!) As a bonus, this property is zoned for either residential or commercial, so your opportunities are endless. Pack your bags and start living the Old Towne lifestyle today!

173 S Cypress, Orange

831 E Hoover, Orange
$1,700,000
OC26195481 MLS ⋅ Active Status
Rare opportunity to acquire a versatile residential income property in a highly desirable Orange location, featuring a spacious 4-bedroom, 2-bathroom main residence plus a detached 1-bedroom, 1-bathroom ADU with its own full kitchen and private laundry. Offering a total of 5 bedrooms and 3 bathrooms across two separate living spaces, the property provides an attractive opportunity for investors seeking multiple rental income streams, an owner-user looking to offset housing costs, or buyers looking to capitalize on the strong rental demand in the area. The main residence has been extensively updated and offers a highly functional 4-bedroom floor plan well suited for long-term rental use. Improvements include an upgraded kitchen with granite countertops, an oversized sink, and abundant cabinet and storage space. Both bathrooms have been renovated with new vanities, tile, and fixtures, while recessed LED lighting has been installed throughout the home. Hardwood flooring extends through all four bedrooms, and the residence includes an LG washer and dryer, GE refrigerator, GE range, and GE dishwasher. The detached ADU provides an additional independent rental opportunity with its own full kitchen, private laundry, and fully paid-off solar system dedicated exclusively to the ADU. With no solar lease or payment to assume, the system offers the potential for reduced operating costs and added value for the ADU occupant. Additional property features include two fireplaces, a spacious backyard with covered gazebo, detached two-car garage, and an oversized driveway providing substantial off-street parking—an important benefit for a multi-unit rental property. Ideally situated just minutes from Chapman University and Old Towne Orange, the property benefits from proximity to a strong tenant base as well as nearby dining, shopping, entertainment, parks, schools, and everyday amenities. Convenient access to the 5, 22, 55, and 57 freeways further enhances the property's rental appeal and accessibility throughout Orange County. With two separate living spaces, extensive upgrades, abundant parking, a detached ADU with paid-off solar, and a location positioned near Chapman University and Old Towne Orange, this property presents a compelling opportunity for investors seeking flexibility, income potential, and long-term value in one of Orange's most desirable rental markets.

831 E Hoover, Orange

831 E Hoover, Orange
$1,700,000
5 Beds ⋅ 3 Baths ⋅ OC26194316 MLS ⋅ Active Status
Rare opportunity to own a beautifully maintained and thoughtfully upgraded property ideal for a family, multigenerational living, or an investor looking to take advantage of the strong Chapman University rental market. The property features a spacious 4-bedroom, 2-bathroom main residence plus a detached 1-bedroom, 1-bathroom ADU with its own full kitchen and private laundry, offering a total of 5 bedrooms and 3 bathrooms with exceptional flexibility. The main residence has been extensively updated and features an upgraded kitchen with granite countertops, an oversized sink, and abundant cabinet and storage space. Both bathrooms have been beautifully renovated with new vanities, tile, and fixtures. Recessed LED lighting has been installed throughout, while hardwood flooring extends through all four bedrooms. The home also includes an LG washer and dryer, GE refrigerator, GE range, and GE dishwasher. Designed for comfortable living and entertaining, the property features two fireplaces and a spacious backyard with a covered gazebo. A detached two-car garage and oversized driveway provide ample off-street parking. The detached ADU offers a completely separate living space with its own full kitchen, private laundry, and fully paid-off solar system dedicated to the ADU, with no solar lease or payment to assume. It is ideal for extended family, guests, a private office, or additional rental income. For an owner-occupant, the property provides the opportunity to enjoy a spacious primary residence while potentially offsetting housing costs with income from the ADU. For an investor, the combination of five total bedrooms, separate living spaces, abundant parking, proximity to Chapman University, and a strong local rental market creates an attractive income-producing opportunity, with estimated pro forma rents of approximately $8,500 per month. Ideally located just minutes from the charm, dining, shopping, and entertainment of Old Towne Orange and Chapman University, the property also offers convenient access to the 5, 22, 55, and 57 freeways. Nearby parks, schools, and everyday amenities add to the appeal. With extensive upgrades, generous living space, abundant parking, a detached ADU, fully paid-off solar serving the ADU, and strong rental potential, this property offers a rare combination of flexibility, convenience, and long-term value.

831 E Hoover, 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.