Chapman University close dream home/investment. LOW and transferable tax base courtesy of the Mills Act keeps cost of ownership down. Major remodel completed in 2014 included new electrical panel and wiring, new copper plumbing supply and PVC drain lines, new AC & furnace, shoring up foundation, window restoration, refinished hardwood floors, all new baths, new kitchen tile, counters & appliances, new landscaping & drainage. Recent tree trimming completed, newer rear entry & basement doors, and rain gutters added. All work performed by licensed contractor and permitted via City of Orange. True Craftsman touches accent the exterior and interior, adding Old Towne charm that marries well with the improvements. Room for an ADU in the back to maximize income. Excellent rental history and a high walk score of 84 make this a dream as your own home or perfect as an investment. Just out your door are the many fine retail establishments surrounding the Circle, as well as the Hilburt Museum of California Art, Metrolink Orange train station, Chapman Tennis Center, Digital Arts and Media Center, Dance Center, Dodge Film and Law Schools, and main campus. Easy freeway access and near major employment centers, while being surrounded by the incomparable, friendly, timeless vibe of Old Towne.