1139 W Sycamore

Description

Fully leased student housing investment near Chapman University. This four bedroom, two bathroom home is rented at five thousand seven hundred dollars per month through June 30, 2026. The property is located in one of the most preferred residential pockets near campus with consistent demand and long rental history. Strong walkability to Chapman, Old Towne, and local amenities continues to drive stable occupancy and premium rents in this area. The layout includes four private bedrooms, two baths, a spacious living area, and a two car garage. Investors can add value by exploring an ADU or garage conversion. Many nearby owners have converted the garage space to generate an additional two thousand to two thousand five hundred dollars per month depending on design, finishes, and approvals. This property has been historically rented to Chapman students, although it remains an attractive option for any renter or for a future owner occupant once the current lease ends. The home sits within a sought after neighborhood that maintains strong appreciation and high rental absorption. Financials, lease details, and rent history are available upon request.