Old Towne Orange (OTO) Homes under $2 million

Old Towne Orange (OTO) Homes under $2 million

Welcome to Old Towne Orange (OTO), a charming gem nestled in the heart of Orange County, California. Known for its rich history and vibrant community, OTO boasts a delightful blend of vintage charm and modern conveniences. Strolling through its tree-lined streets, you’ll find beautifully preserved historic buildings, quaint boutiques, and inviting cafes that make this area a true treasure.

Old Towne Orange is renowned for its unique architecture, with many homes dating back to the early 1900s. This picturesque neighborhood offers a variety of homes under $2 million, making it an attractive option for families, professionals, and retirees alike. Whether you're searching for a cozy bungalow or a spacious family home, OTO has something to suit every taste and lifestyle.

The community is not just about beautiful homes; it also features a vibrant social scene. Enjoy the local farmers' market, art walks, and seasonal festivals that bring residents together and foster a sense of belonging. With its proximity to top-rated schools, parks, and recreational facilities, Old Towne Orange is perfect for those looking to embrace a balanced lifestyle.

Moreover, OTO’s location provides easy access to major highways, making it convenient for commuters and those who wish to explore the broader attractions of Orange County, including Disneyland, stunning beaches, and scenic hiking trails.

In Old Towne Orange, you’ll find a welcoming community, a rich tapestry of history, and homes that reflect the area’s unique character—all under the $2 million mark. Discover your dream home in this enchanting neighborhood today!

Newest Old Towne Orange (OTO) Homes under $2 million

700 W La Veta Unit O15, Orange
$435,000
1 Beds ⋅ 1 Baths ⋅ PW26228589 MLS ⋅ Active Status
Welcome to this beautifully updated 1-bedroom condo in the heart of Orange! Ideally located just minutes from the charming Orange Circle and historic Old Towne Orange, this home offers the perfect blend of comfort, convenience, and location. Step inside to discover recently updated flooring, fresh interior paint, and tasteful upgrades to the kitchen and bathroom, creating a bright and inviting living space. The exterior has also been recently refreshed, adding to the home's appeal. Enjoy your own private patio, perfect for relaxing or entertaining, along with the convenience of direct access to the home from the carport. Residents can also enjoy two community swimming pools, perfect for soaking up the Southern California sunshine. Centrally located near the 5, 22, and 57 freeways, this home offers convenient access to shopping, dining, entertainment, and everything Orange County has to offer. With its desirable location, thoughtful updates, and wonderful community amenities, this move-in-ready condo is an opportunity you won't want to miss!

700 W La Veta Unit O15, Orange
1305 W Cherry, Orange
$1,085,000
OC26230504 MLS ⋅ Active Status
Excellent investment opportunity in the desirable City of Orange, just minutes from Chapman University and historic Old Towne Orange! This single-story, 4-bedroom, 2-bathroom home offers 1,327 square feet of living space on a 6,000-square-foot lot and is currently generating $6,220 per month in rental income, totaling $74,640 annually. With an existing lease in place through May 31, 2027, investors can begin collecting rental income immediately without the hassle of finding tenants. The tenant pays all utilities, while the owner is responsible for landscaping service, helping keep operating expenses low. The property's proximity to Chapman University, Old Towne Orange, shopping, dining, and major freeways makes it an attractive location for long-term rental demand. Another major opportunity is the potential to convert the existing two-car garage into an Accessory Dwelling Unit (ADU). The current lease specifically allows the owner to construct an ADU within the garage during the lease term, subject to city permits and approvals, providing an opportunity to increase rental income and maximize the property's potential. Whether you're looking to expand your rental portfolio, secure a property near Chapman University, or invest in a desirable Orange County location with future upside, this property offers immediate cash flow and long-term potential! Property is tenant-occupied. Out of respect for tenant privacy, listing photos have been digitally edited and virtually staged to remove or replace personal furniture and belongings. No furniture shown will convey with the sale. Original, unedited photos are available upon request through the Listing Agent.

1305 W Cherry, Orange
415 N Shattuck, Orange
$995,000
2 Beds ⋅ 2 Baths ⋅ SW26228935 MLS ⋅ Active Status
Charming Single-Story Orange Home with a Four-Car Garage & Endless Possibilities! Welcome to 415 North Shattuck Place in Orange! This charming single-story home offers 2 bedrooms, 1.5 bathrooms, fresh interior and exterior paint, and a wonderful blend of character, functionality, and potential. Additional highlights include no HOA, a low property tax rate, and a clear termite report. Inside, wood flooring throughout much of the home complements the classic architectural details. The spacious family room features a cozy fireplace and an elegant arched entrance connecting to the living room, where a sliding glass door opens to the backyard and covered patio. Plantation shutters throughout and ceiling fans add timeless style and comfort. The kitchen offers abundant cabinetry, a stainless steel dishwasher, and a black-and-stainless oven, microwave, and cooktop. Both bedrooms feature generous closets with overhead storage and ceiling fans; one has wood flooring, while the other is carpeted. An interior laundry room with ample storage and direct backyard access adds everyday convenience. A standout feature is the long driveway extending alongside the home to the backyard and impressive four-car garage, providing abundant parking and versatility. Whether for multiple vehicles, a workshop, hobbies, or additional storage, the space offers numerous possibilities, including potential ADU conversion, subject to applicable city approvals and requirements. The backyard features a covered patio ideal for entertaining, decorative pavers, and expansive concrete areas offering additional parking and flexible use. A double swinging gate separates the driveway from the backyard, while block walls along both sides and the rear provide privacy. Artificial turf in both the front and back yards, along with a mature shade tree and charming curb appeal, completes the outdoor setting. With its versatile garage, abundant parking, inviting living spaces, and exciting possibilities, this Orange property offers a unique opportunity to make a home your own!

415 N Shattuck, Orange
700 West La Veta Avenue Unit E4, Orange
$439,000
2 Beds ⋅ 2 Baths ⋅ TR26221461 MLS ⋅ Active Status
Welcome home to this freshly updated condo in the highly sought-after La Veta Monterey community! Perfect for first-time buyers, investors, or anyone looking for a turnkey home in a prime Orange location. This bright and open two-story floor plan features 9-ft ceilings and has been thoughtfully upgraded throughout: Gourmet Kitchen with new quartz countertops, upgraded cabinetry, and brand-new stainless steel appliances Spa-like Bathrooms — Quartz counters in one bath, granite in the other, plus a beautifully remodeled main bathroom with new tile surround on the shower/tub New Interior Paint throughout Newer HVAC system for year-round comfort New lighting fixtures and recessed lighting New flooring (or excellent condition — you can adjust)

700 West La Veta Avenue Unit E4, Orange
308 N Parker Street, Orange
$849,000
2 Beds ⋅ 1 Baths ⋅ PW26221337 MLS ⋅ Active Status
Probate Sale. Charming 2-bedroom, 1-bath single-family home in Orange featuring several significant improvements, including a new roof, dual-pane windows, updated covered patio roof, and replacement of the original cast-iron sewer lines from the kitchen and bathroom extending to the city sewer connection. The living room features sliding glass doors opening directly to the covered patio, providing an inviting connection between the indoor and outdoor spaces. Both bedrooms are equipped with mini-split air conditioning systems for individual climate control. The kitchen includes the refrigerator and oven/range. The washer and dryer are located in the attached garage and are also included in the sale. A private, low-maintenance backyard provides additional outdoor space for relaxing, gardening, or entertaining. Conveniently located within walking distance of the Orange Metrolink/Amtrak Station and near Historic Old Towne Orange, Chapman University, shopping, dining, parks, and major transportation routes. Probate sale. Property is being sold in its present "AS IS" condition.

308 N Parker Street, Orange
1426 E Sycamore, Orange
$1,299,000
2 Beds ⋅ 2 Baths ⋅ OC26220796 MLS ⋅ Active Status
A classic mid-century ranch on an expansive corner lot, this single-level home beautifully balances authentic character with modern, turnkey updates. Nestled in the coveted "Tree Streets" pocket east of Cambridge, the property embraces the timeless spirit of central Orange. A welcoming covered front porch and classic Dutch door introduce light-filled interiors detailed with refinished original hardwood floors and crisp architectural touches. The rare dual-living floor plan features an airy formal living room anchored by a masonry wood-burning fireplace, flowing to a dedicated dining room and a generous family room highlighted by exposed wood ceiling beams. The kitchen offers ample storage, laundry convenience, and a breakfast nook area. Recent high-end updates provide lasting comfort, a tankless water heater, custom window treatments, ceiling fans, and an extensively remodeled bath showcasing designer tile and rich fixtures. California indoor-outdoor living is effortless through striking French doors that open to a covered patio loggia, expansive hardscape, and private lush green lawn framed by fresh paint, mature privacy landscaping, and secure upgraded gates. The detached two-car garage with deep driveway offers prime parking and storage, while presenting exceptional future ADU potential. Just 1.5 miles from the Orange Circle (The Plaza) and Chapman University, this location provides Old Towne adjacent walkability and charm without historic preservation restrictions. Situated in the Orange Unified School District (Cambridge Elementary, Yorba Middle, Orange High) with fast access to regional medical centers and freeways, this is an authentic, turnkey home in a premier neighborhood.

1426 E Sycamore, Orange
1305 W Cherry, Orange
$1,085,000
4 Beds ⋅ 2 Baths ⋅ OC26220349 MLS ⋅ Active Status
This charming single-story home offers 4 bedrooms, 2 bathrooms, and 1,327 square feet of living space on a spacious 6,000-square-foot lot in the desirable City of Orange! Inside, you'll find a comfortable living room with a fireplace, a separate dining area, and a functional floor plan with all four bedrooms on one level. The home also features central heating and air conditioning, an attached two-car garage, and plenty of driveway parking. The backyard offers room to entertain, relax, or create your own outdoor retreat. Location is a major highlight, with Chapman University, historic Old Towne Orange, local restaurants, coffee shops, shopping, and major freeways just minutes away. Whether you're looking for a place to call home or a property with future possibilities, this home offers plenty of flexibility. Currently leased for $6,220 per month through May 31, 2027, the property allows the new owner to collect rental income while planning for a future move-in, subject to applicable tenancy requirements. The tenant pays all utilities, while the owner covers landscaping services. The existing lease also allows for the construction of an Accessory Dwelling Unit (ADU) within the garage during the lease term, subject to city permits and approvals. This offers the potential for additional living space for extended family, guests, or rental income. With four bedrooms, a generous lot, a convenient location, and opportunities for future use, this property has plenty to offer its next owner! Property is tenant-occupied. Out of respect for tenant privacy, listing photos have been digitally edited and virtually staged to remove or replace personal furniture and belongings. No furniture shown will convey with the sale. Original, unedited photos are available upon request through the Listing Agent.

1305 W Cherry, Orange
743 E Washington, Orange
$1,095,000
2 Beds ⋅ 1 Baths ⋅ PW26216608 MLS ⋅ Active Status
Welcome to this Beautiful home located in Old Towne Orange located in a prime location on Washington St. This two bedroom one bath home features original Hardwood floors. Updated kitchen features stainless steel appliances as well as unique features for the milkman delivery and mailbox. Bright glass windows and glass cabinetry adorn this modern kitchen. Open layout with wide living room and eating area. One of the most original hand carved wood mosaics on the hall wall. Ceiling Fans in bedrooms. Two car garage with laundry inside. A Bonus room off of the garage fully carpeted with ceiling fans. Large backyard with covered Patio on a slab in this quite serene retreat. This is a must see home in a great area.

743 E Washington, Orange
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
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
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.

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