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Sold for $1,815,000
  • Listed by: Morgan Skenderian • Michael Arp • Contact: 949-251-8800
    Bought with: Compass
    $1,815,000

    2026 N Park Ln, Orange, CA 92865

    9beds
    8baths
    4,394sqft
    Quadruplex
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $413/sqft
    $3,531 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,531/mo

    Zestimate® history
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    What's special

    Park lane apartmentsNew exterior paintCity of orangeUpstairs downstairs floor planNew windowsVilla park school districtEnclosed patio areas
    The Park Lane Apartments, are a recently renovated, Covington style 4-plex located within the Villa Park school district in the city of Orange. The subject property has recently received over $125,000 in renovations including new exterior paint, new windows, new landscaping, exterior lighting and new air conditioning condensers. The building is comprised of four nicely appointed units: 1 (3+2.5 TH), 1 (2+2), and 2 (2+1.5 TH). Constructed in 1975, the subject property has 4,394 rentable square feet and sits atop a 9,360 square foot lot. Three of the four units are townhome style with an upstairs downstairs floor plan. All 4 have enclosed patio areas and have access to a gated back yard area. There are 5 large enclosed garages at the property along with two additional spaces. Each of the apartments is separately metered for gas and electric and has central A/C. An onsite laundry room brings in additional income. The Park Lane Apartments present a unique opportunity for an owner occupant or investor to purchase a turn key apartment asset in a sought-after rental neighborhood in the city of Orange.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Arp DRE #01488586 949-251-8800,

    Morgan Skenderian

    Bought with:

    Theodore Wong, DRE #02016737

    Compass

    Source: CRMLS,MLS#: PW24078264MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Windows: Double Pane Windows
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,394
    • Total interior livable area: 4,394 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage
    • Garage spaces: 5
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Pool features: None
    Lot
    • Size: 9,148 Square Feet
    • Features: Corner Lot, Level, Rectangular Lot
    Details
    • Parcel number: 37213121
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Street Lights
    Location
    • Region: Orange

    Financial & listing details

    • Price per square foot: $413/sqft
    • Tax assessed value: $1,851,300
    • Annual tax amount: $20,720
    • Date on market: 4/19/2024
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Cable TV, Electricity, Gas, Parking Fee

    Price history

    DateEventPrice
    5/28/2024Sold$1,815,000-3.2%$413/sqft
    Source: CRMLS #PW24078264 Report a problem
    5/16/2024Pending sale$1,875,000$427/sqft
    Source: CRMLS #PW24078264 Report a problem
    4/19/2024Listed for sale$1,875,000+25.6%$427/sqft
    Source: CRMLS #PW24078264 Report a problem
    2/23/2024Sold$1,493,000+3%$340/sqft
    Source: CRMLS #OC24022792 Report a problem
    2/16/2024Pending sale$1,449,000$330/sqft
    Source: CRMLS #OC24022792 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,720 +12.8%$1,851,300 +13.4%
    2024$18,367 +422%$1,632,000 +594.2%
    2023$3,518 +2.3%$235,088 +2%
    2022$3,441 +2.5%$230,479 +2%
    2021$3,358 +1%$225,960 +1%
    2020$3,325 $223,644 +2%
    2019$3,325 +0.9%$219,259 +2%
    2018$3,294 +5%$214,960 +2%
    2017$3,136 $210,746 +2%
    2016$3,136 +1.8%$206,614 +1.5%
    2015$3,082 +3.7%$203,511 +2%
    2014$2,972 $199,525 +0.5%
    2013-- $198,624 +2%
    2012-- $194,730 +2%
    2011-- $190,912 +0.8%
    2010-- $189,486 -0.2%
    2009-- $189,938 +2%
    2008-- $186,214 +2%
    2007-- $182,563 +2%
    2006-- $178,984 +2%
    2005-- $175,475 +2%
    2004-- $172,035 +1.9%
    2003-- $168,882 +2%
    2002-- $165,571 +2%
    2001$1,877 +2%$162,325 +2%
    2000$1,841 $159,143
    Find assessor info on the county website

    Neighborhood: 92865

    Nearby schools

    GreatSchools rating
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