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2026 N Park Lane, Orange, CA 92865
$1,875,000
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
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.
Full Property Details
Full Property Details for 2026 N Park Ln
General
- Price: $1,875,000
- Status: Active
- Type: Multi-Family
- MLS ID: PW24078264
- Updated: 4/20/2024
- Days on Market: 19 days
- Added to Site: 20 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
- Parking Features: Garage
- Parking: Garage
Location
- Area: RVB - Riverbend
- County: Orange
- Development Name: RVB - Riverbend
- Driving Directions: South of Meats Avenue and West of the 55 freeway
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 55
Structural Information
- Windows: Double-Pane Windows
- Entry Location: Ground
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,394
- Year Built: 1975
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- 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 (Sq. Ft.): 9,148
- Lot Size Source: Assessor
- Lot Description: Corner Lot, Rectangular Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $426.72
- Price Per Unit: 468750
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Morgan Skenderian, Michael Arp
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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
4/19/2024
Listed
$1,875,000
25.59%
MLS
2/14/2024
Sold
$1,493,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2026 N Park Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,518
2%
$235,088
2%
2022
$3,440
2%
$230,479
2%
2021
$3,358
1%
$225,960
1%
2020
$3,325
1%
$223,644
2%
2019
$3,294
1%
$219,259
2%
2018
$3,247
4%
$214,960
2%
2017
$3,136
2%
$210,746
2%
2016
$3,082
2%
$206,614
2%
2015
$3,035
2%
$203,511
2%
2014
$2,972
1%
$199,525
—
2013
$2,949
—
$198,624
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2026 N Park Ln
2026 N Park Lane, Orange, CA 92865 (MLS# PW24078264) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2026 N Park Lane is currently listed for $1,875,000 and was received on April 19, 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.