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For sale
  • Listed by: BHHS Drysdale Properties • Jacob Neal • Contact: 209-642-2292
    Price cut: $19K (7/9)
    $1,480,000

    1200 W Sycamore Ave, Orange, CA 92868

    6beds
    1,901sqft
    : 
    $9,261/mo
    Get pre-qualified
    Single Family Residence
    Built in 1954
    6,090 Square Feet Lot
    $1,434,900 Zestimate®
    $779/sqft
    $-- HOA

    What's special

    1200 W Sycamore presents a rare investment opportunity in the heart of Orange with strong in-place rental income, a newly built 2025 ADU, and consistent demand driven by its prime location near Chapman University and some of Orange County’s largest employment and entertainment hubs. The property currently generates $8,600 per month in rental income, totaling over $103,000 in projected annual gross income. The front house is leased at $6,600 per month beginning July 1, while the detached 2025 ADU generates an additional $2,000 per month. With historically low vacancy and strong rental performance year after year, this property offers immediate cash flow with long-term upside potential. Located in one of Orange’s most sought-after rental corridors near Chapman University, the property consistently attracts tenants seeking housing close to campus, helping drive above-market rental demand compared to many traditional single-family rentals. At the same time, the location appeals far beyond the university market with convenient access to CHOC, St. Joseph Hospital, Angels Stadium, Disneyland, OC Vibe, Old Towne Orange, dining, entertainment, and major Orange County freeways. The newly constructed ADU adds flexibility and value by creating multiple income streams and future options for owner occupancy, multigenerational living, or supplemental rental income. This property is ideal for investors seeking stable cash flow in a high-demand rental market, owner-users looking to offset expenses with rental income, or parents wanting to secure housing for a Chapman student while benefiting from long-term appreciation potential. Investment opportunities combining strong income, a brand-new ADU, central Orange location, and proven rental demand are increasingly difficult to find. Some photos have been virtually staged and/or digitally enhanced using Artificial Intelligence (AI) to help illustrate the property’s potential layout, design, and use of space. Furnishings, décor, landscaping, colors, finishes, and other elements shown in the images may not reflect the property’s current condition. Buyers are encouraged to independently verify all features and inspect the property in person.
    48 days
    |
    608
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob Neal DRE #02097852 209-642-2292,

    BHHS Drysdale Properties

    Source: CRMLS,MLS#: OC26123616MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 3
      • Main level bedrooms: 6
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Down
      Cooling
      • Central Air
      Appliances
      • Laundry: Inside
      Features
      • All Bedrooms Down
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 1,901 sqft

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Has view: Yes
      Lot
      • Size: 6,090 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 03902407
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Orange

      Financial & listing details

      • Price per square foot: $779/sqft
      • Tax assessed value: $665,808
      • Annual tax amount: $7,458
      • Date on market: 6/6/2026
      • Cumulative days on market: 48 days
      • Listing terms: Cash,Conventional,1031 Exchange,Submit

        Estimated market value

        $1,434,900

        $1.36M - $1.51M

        $6,275/mo

        Price history

        DateEventPrice
        7/9/2026Price change$1,480,000-1.3%$779/sqft
        Source: CRMLS #OC26123616 Report a problem
        5/15/2026Listed for sale$1,499,000+191.1%$789/sqft
        Source: CRMLS #OC26106490 Report a problem
        4/2/2026Listing removed$6,300$3/sqft
        Source: Zillow Rentals Report a problem
        3/21/2026Price change$6,300-6.7%$3/sqft
        Source: Zillow Rentals Report a problem
        3/9/2026Listed for rent$6,750-3.5%$4/sqft
        Source: Zillow Rentals Report a problem
        2/20/2026Listing removed$6,995$4/sqft
        Source: Zillow Rentals Report a problem
        1/9/2026Listed for rent$6,995+1%$4/sqft
        Source: Zillow Rentals Report a problem
        4/13/2025Listing removed$6,925$4/sqft
        Source: Zillow Rentals Report a problem
        3/9/2025Listed for rent$6,925$4/sqft
        Source: Zillow Rentals Report a problem
        2/23/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/2/2024Listed for rent$6,925+15.4%$4/sqft
        Source: Zillow Rentals Report a problem
        3/11/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/2/2023Listed for rent$6,000+20%$3/sqft
        Source: Zillow Rentals Report a problem
        3/8/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/2/2021Listed for rent$5,000$3/sqft
        Source: Zillow Rental Manager Report a problem
        2/25/2017Listing removed$5,000$3/sqft
        Source: Owner Report a problem
        1/26/2017Listed for rent$5,000$3/sqft
        Source: Owner Report a problem
        10/6/2016Sold$515,000$271/sqft
        Source: Public Record Report a problem
        9/16/2016Pending sale$515,000$271/sqft
        Source: First Team Real Estate #OC16701629 Report a problem
        9/14/2016Listed for sale$515,000+47.6%$271/sqft
        Source: First Team Real Estate #OC16701629 Report a problem
        9/27/2010Sold$349,000$184/sqft
        Source: Public Record Report a problem
        9/18/2010Listed for sale$349,000-7.4%$184/sqft
        Source: Chase Merritt Advisors Inc. #U10003700 Report a problem
        8/1/2010Listing removed$377,000$198/sqft
        Source: Beach Cities Real Estate Inc #S617262 Report a problem
        7/1/2010Price change$377,000-0.8%$198/sqft
        Source: Beach Cities Real Estate Inc #S617262 Report a problem
        5/26/2010Listed for sale$379,900+21.4%$200/sqft
        Source: Beach Cities Real Estate Inc #S617262 Report a problem
        5/6/2010Sold$313,000-36.8%$165/sqft
        Source: Public Record Report a problem
        4/14/2005Sold$495,000$260/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,458 +2.3%$665,808 +2%
        2024$7,292 +2.2%$652,753 +2%
        2023$7,133 +2%$639,954 +2%
        2022$6,995 +2.9%$627,406 +2%
        2021$6,800 +0.9%$615,104 +1%
        2020$6,738 $608,797 +2%
        2019$6,738 +1.3%$596,860 +2%
        2018$6,653 +17.3%$585,157 +13.6%
        2017$5,673 $515,000 +36.3%
        2016$5,673 +35.8%$377,707 +1.5%
        2015$4,177 +3.7%$372,034 +2%
        2014$4,026 $364,747 +4.5%
        2013-- $349,000
        2012-- $349,000
        2011-- $349,000 -2.8%
        2010-- $359,000
        2009-- $359,000 -30.3%
        2008-- $514,998
        2007-- $514,998 +2%
        2006-- $504,900 +250.4%
        2005-- $144,106 +2%
        2004-- $141,281 +1.9%
        2003-- $138,692 +2%
        2002-- $135,973 +5.2%
        2001$1,324 +2%$129,239 +2%
        2000$1,298 $126,705
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92868

        Getting around

        72 / 100
        Very Walkable
        44 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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