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Sold for $1,220,000
  • Listed by: BHHS Drysdale Properties • Jacob Neal • Contact: 925-244-1933
    Bought with: BHHS Drysdale Properties
    $1,220,000

    1305 W Beverly Dr, Orange, CA 92868

    5beds
    1,763sqft
    Single Family Residence
    Built in 1955
    6,150 Square Feet Lot
    $1,242,700 Zestimate®
    $692/sqft
    $6,355 Estimated rent

    Home value

    $1,242,700

    $1.14M - $1.35M

    $6,355/mo

    Zestimate® history
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    What's special

    Large backyardSpacious shared areasPrivate bedrooms
    Berkshire Hathaway Drysdale Properties is pleased to present a prime investment opportunity at 1305 W Beverly, located in the heart of Orange, California—just minutes from Chapman University. This 5-bedroom, 2-bathroom home is fully leased through June 30, 2026, generating $6,650 per month in rental income. With a long-term lease in place, the property offers immediate cash flow and minimal turnover risk in one of the most desirable off-campus housing zones for Chapman students. The home is thoughtfully configured for student living, offering private bedrooms, spacious shared areas, and a large backyard that creates a strong opportunity for a future ADU addition. A two-car garage adds value and functionality, while the home’s location on a street already populated with student rentals ensures ongoing rental demand and investment stability. As Chapman University’s enrollment continues to grow—and with underclassmen required to live on campus—upperclassman demand for nearby rentals has surged. 1305 W Beverly sits squarely in that target zone, making it an ideal low-maintenance, income-producing property for investors looking to tap into one of Orange’s most resilient rental markets. Whether you're expanding your portfolio or entering the student housing space for the first time, this property offers both strong returns and long-term upside.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob Neal DRE #02097852 209-642-2292,

    BHHS Drysdale Properties

    Bought with:

    Jacob Neal, DRE #02097852

    BHHS Drysdale Properties

    Source: CRMLS,MLS#: OC25156944MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 5
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • Central Air
    Appliances
    • Laundry: In Garage
    Features
    • All Bedrooms Down
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,763 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,150 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 03929510
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Unknown
    Location
    • Region: Orange

    Financial & listing details

    • Price per square foot: $692/sqft
    • Tax assessed value: $678,939
    • Annual tax amount: $7,596
    • Date on market: 7/12/2025
    • Cumulative days on market: 43 days
    • Listing terms: Cash,Conventional,1031 Exchange,Submit

    Price history

    DateEventPrice
    9/30/2025Sold$1,220,000-5%$692/sqft
    Source: CRMLS #OC25156944 Report a problem
    8/24/2025Pending sale$1,284,000$728/sqft
    Source: CRMLS #OC25156944 Report a problem
    7/13/2025Listed for sale$1,284,000+191.8%$728/sqft
    Source: CRMLS #OC25156944 Report a problem
    5/20/2025Listing removed$6,095$3/sqft
    Source: Zillow Rentals Report a problem
    5/5/2025Price change$6,095-5.5%$3/sqft
    Source: Zillow Rentals Report a problem
    4/24/2025Price change$6,450-5.8%$4/sqft
    Source: Zillow Rentals Report a problem
    4/12/2025Listed for rent$6,850+14.2%$4/sqft
    Source: Zillow Rentals Report a problem
    3/29/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/28/2023Listed for rent$6,000+9.1%$3/sqft
    Source: Zillow Rentals Report a problem
    3/11/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/5/2022Listed for rent$5,500+10%$3/sqft
    Source: Zillow Rental Manager Report a problem
    2/24/2021Listing removed--
    Source: Owner Report a problem
    6/1/2020Listing removed$5,000$3/sqft
    Source: Owner Report a problem
    5/15/2020Listed for rent$5,000+17.6%$3/sqft
    Source: Owner Report a problem
    3/5/2016Listing removed$4,250$2/sqft
    Source: Owner Report a problem
    2/4/2016Listed for rent$4,250$2/sqft
    Source: Owner Report a problem
    6/1/2015Sold$440,000-21.4%$250/sqft
    Source: Public Record Report a problem
    5/18/2007Sold$560,000+209.4%$318/sqft
    Source: Public Record Report a problem
    9/14/1999Sold$181,000$103/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,596 +2.2%$678,939 +2%
    2024$7,430 +2.3%$665,627 +2%
    2023$7,266 +2%$652,576 +2%
    2022$7,126 +2.9%$639,781 +2%
    2021$6,927 +0.9%$627,237 +1%
    2020$6,864 $620,806 +2%
    2019$6,864 +1.3%$608,634 +2%
    2018$6,777 +6%$596,700 +2%
    2017$6,396 $585,000 +31%
    2016$6,396 +28.9%$446,710 -9.8%
    2015$4,962 +9.8%$495,000 +20%
    2014$4,518 $412,368 +21%
    2013-- $340,800
    2012-- $340,800 -4%
    2011-- $355,000 -4.3%
    2010-- $371,000 +6.6%
    2009-- $348,000 -37.9%
    2008-- $560,000 +169.7%
    2007-- $207,639 +2%
    2006-- $203,568 +2%
    2005-- $199,577 +2%
    2004-- $195,664 +1.9%
    2003-- $192,078 +2%
    2002-- $188,312 +2%
    2001$1,882 +2%$184,620 +2%
    2000$1,845 $181,000
    Find assessor info on the county website

    Neighborhood: 92868

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,242,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,242,700