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2026 N Park Lane, Orange, CA 92865
$1,493,000
2026 N Park Lane, Orange, CA 92865View this property at 2026 N Park Lane, Orange, CA 92865
2026 N Park LaneOrangeCA92865
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Property Description
Welcome to 2026 North Park Lane, an exceptional investment opportunity featuring four fully leased units. This property is comprised of three 2-bedroom, 2-bath units and one large 3-bedroom, 2.5-bath unit. All units have a one-car garage. There is also an additional one-car garage that can be used for additional storage income.
-Unit 1: 3bd/2.5ba, 1289sf
-Unit 2: 2bd/2ba, 940sf
-Unit 3: 2bd/2ba, 940sf
-Unit 4: 2bd/2ba, 1140sf
The property sits on a 9,148 sf lot offering potential opportunity for additional storage or additional units.
For added convenience, a separate coin-operated laundry room is included, offering the potential for additional income. The property is strategically located within walking distance to a variety of shopping options, including popular retailers such as Target and Home Depot, as well as easy access to public transportation.
All units are currently on month-to-month leases and rents are scheduled to be increased on March 1. Current rents are under market value, giving investors the opportunity to increase NOI.
Full Property Details
Full Property Details for 2026 N Park Ln
General
- Sold For: $1,493,000
- Status: Closed
- Type: Multi-Family
- MLS ID: OC24022792
- Added to Site: 119 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
- Parking Features: Garage, Garage Faces Side
- Parking: Garage, Garage Faces Side
Location
- Area: 75 - Orange, Orange Park Acres E of 55
- County: Orange
- Development Name: 75 - Orange, Orange Park Acres E of 55
- Driving Directions: East of 55, South of Meats and Tustin Ave
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,394
- Year Built: 1975
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $339.78
- Price Per Unit: 362250
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
Listed and Sold by Whitney Realty, Alex Gagnon
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Schools
Schools serving 2026 N Park Ln
School District:Orange Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1829 N Cambridge St, Orange, CA 92865 | K-6 | 0.6 mi | |
17852 Serrano Ave, Villa Park, CA 92861 | 7-8 | 0.9 mi | |
18042 Taft Ave, Villa Park, CA 92861 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2026 N Park Ln
Date
Details
Price
Change
Source
2/23/2024
Sold
$1,493,000
3.04%
MLS
2/04/2024
Listed
$1,449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2026 N Park Lane, Orange, CA 92865 (MLS# OC24022792) is a Multi-Family property that was sold at $1,493,000 on February 23, 2024. Want to learn more about 2026 N Park Lane? Do you have questions about finding other Multi-Family real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.