Nestled in the heart of Orange, CA, and merely steps away from the prestigious Chapman University, this unique property at 417 N Citrus Ave offers an exceptional investment opportunity or a charming home for those seeking proximity to academic excellence and local amenities. This beautifully maintained parcel features a main residence with four bedrooms and two bathrooms, alongside a newly constructed Accessory Dwelling Unit (ADU) completed in 2024, which boasts an additional two bedrooms and one bathroom. The main house greets you with a warm and inviting ambiance, offering a versatile layout with bedrooms of varying sizes to cater to diverse needs and preferences. Each room is uniquely sized, providing flexible options for use as bedrooms, home offices, or creative spaces. The property has been a profitable investment rental, demonstrating its appeal and potential for steady income. The front house is a 4 bedroom, 2 bath house. The back house (419) ADU is a 2 bedroom 1 bath. The ADU, a modern addition to the property, extends the living space with its own distinct charm. This 2-bedroom, 1-bath unit is perfect for guests, extended family, or as an additional rental opportunity, enhancing the property's income potential. Built in 2024, it showcases modern finishes and an efficient layout. Convenience is key, with both units having access to a washer and dryer located in the garage, simplifying daily routines. The property's location is unbeatable, offering walking distance to Chapman University, making it highly attractive for students, faculty, or anyone looking to immerse themselves in the vibrant local community. Currently, there are two rental applications pending: $5,960 for the front unit and $3,450 for the ADU, indicating strong interest and the property’s potential for generating significant rental income. Whether you’re looking for a lucrative investment property or a delightful family home close to educational institutions, 417 N Citrus Ave presents a rare blend of versatility, convenience, and opportunity. Don’t miss the chance to own a piece of Orange, CA, with this distinctive offering.