2051 N Park Lane Orange, CA $ 1,695,000
2051 N Park Lane
$ 1,695,000
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2051 N Park Lane

Orange, CA, 92865
$ 1,695,000
Bedrooms9 Baths4.0 Sq 4,480

Monthly Estimate*

$ 11,265

Listed by Ricci Realty
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Multi-Family Home for sale in Orange, CA

for $1,695,000 with 9 bedrooms and 4 full baths. This 4,480 square foot home was built in 1968 on a lot size of 0.17.

Welcome to 2051 Park Lane, 4 units Covington style design featuring three 2-bedroom 2 2-bath units and one 3-bedroom 2-bath 2-story front house. Each home has balconies or yards. There are 4 garages plus a guest parking space. The primary bedrooms have their own bath. Large living area open to a dining area and kitchen. Sliding glass doors out to the patio/balconies. Separate laundry room for additional income. Walking distance to shopping including Target, Home Depot, and public transportation. Villa Park schools. spacious rooms, alcoves, and open floorplans make these units easy to rent. Ask about owner financing option!

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Multi-Family Active

Price

$ 1,695,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.17

Year Built

1968

Town/City

Orange

County/Region

Orange

MLS | Web ID

PW24016443

Days on Market

122

Features
General
Interior Features Balcony CeilingFans UtilityRoom
Sewer PublicSewer
Heating Central ForcedAir
Cooling WallWindowUnits
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Composition
Appliances GasCooktop Disposal GasOven GasWaterHeater RangeHood
HOA 0.0
Garage Spaces 4.0
Architectural Style Traditional
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Construction Materials Frame Stucco
Exclusions All tenants personal property
Year Built 1968
Electric Standard
Tenant Pays CableTV Electricity Gas
View None
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 93600.0
Community Features Curbs StreetLights Sidewalks Urban
Accessibility None
County Orange
Net Operating Income 66300.0
Operating Expense 27300.0
Insurance Expense 3500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency NONE
Subdivision Name Park Lane
Facing Direction West
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions EXIT 55 FRWY AT KATELLA RIGHT TO MEATS RIGHT FIRST RIGHT PARK LANE
City Orange
Disclosures RentControl
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 1.0
Total Units 4
MLS Area 72 - Orange & Garden Grove E of Harbor N of 22 F
Lot Size Square Feet 7405.0
Private Pool N
Waterfront Y/N N
Carport Spaces 1.0
Carport Y/N Y
Number of Units Leased 4
Street Name Park
Listing Terms Cash CashtoNewLoan Item1031Exchange OwnerMayCarry PrivateFinancingAvailable
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 1034.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 1800.0
Walk Score 61
Water Sewer Expense 1400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 116
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Total Actual Rent 95280.0
Property Sub Type Additional Quadruplex
Taxes 19566.0
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Interior
Flooring Carpet Laminate Tile
Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Lane
Laundry Features CommonArea LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Brick WroughtIron
Parking Features AttachedCarport DoorSingle Garage GarageFacesRear
Lot Features FrontYard Level NearPublicTransit RectangularLot Walkstreet Yard
Water Source Public
Total Parking 6.0
Lot Size Area 7405.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 4480.0
Lot Size Acres 0.17
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Door Features SlidingDoors
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2051
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* Excluded Features
List By
Ricci Realty

Broker

(714) 633-3600

Phone

Affordability Calculator

$11,265
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,265
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$1,695,000 -5.57% Price Down
1/27/2024$1,795,000 Listed Price

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2051 N Park Lane, Orange, CA, 92865 is a Multi-Family Home for sale at $1,695,000 with 4,480 sqft and a lot size of 0.17. 2051 N Park Lane has 9 bedrooms, 4.0 baths, and was built in 1968. The property's zip code is 92865 which is in Orange, CA