All the character and architectural detail you'd expect from a historic Old Towne Orange home, plus a fantastic location close to Chapman University, major employment centers, and the eclectic and increasingly upscale retail options at the Circle.  This home is a great owner/user or income property, with a strong history of high rents. The front house has 3 beds and 2 baths, with a remodeled kitchen and downstairs bath.  The covered porch, hardwood floors, and living room fireplace give it a warm, inviting feel.  Upstairs is an additional bed and bath, plus loft area.  In the rear is an attached accessory "in-law" apartment that makes up the 4th bed and 3rd bath.  It enjoys its own separate entrance.  Ample off street parking is available in the back for cars, boats, motorhome, etc.  Possibly eligible for Mills Act favorable tax treatment--great for owner's bottom line, as is the low vacancy and potential for $4,400+/month in rents (ask agent for details).  This is a great investment with upside and a 4+ CAP rate.  Don't miss it!