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2051 N Park Ln, Orange, CA 92865
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2051 N Park Ln Orange, CA 92865

$1,795,000
  • 9 Beds
  • 7 Baths
  • 4,480 Sq.Ft.
For Sale
$1,795,000 Get Pre-Qualified
Map preview of 2051 N Park Ln, Orange, CA 92865

Property Overview: 2051 N Park Ln Orange, CA has 9 bedrooms, 7 bathrooms, 4,480 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Albert Ricci | BRE #01011606 | Ricci Realty
Co-listed by Chris Ricci | BRE #02200968 | Ricci Realty
Last checked: 12 minutes ago | Last updated: April 6th, 2024 | Source CRMLS | DOM: 86
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Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1968
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24016443
City
Orange
County
Orange
Time on Site
91 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,860
  • Total Rent: $1,860
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,860
  • Total Rent: $1,860
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,860
  • Total Rent: $1,860
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $93,600
  • Net Operating Income: $66,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $27,300
  • Electric: $1,034
  • Gas/Fuel: $0
  • New Taxes: $19,566
  • Trash: $1,800
  • Insurance: $3,500
  • Water/Sewer: $1,400

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Property Details for 2051 N Park Ln

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Den, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Utility Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood
Interior Features
  • Balcony, Ceiling Fan(s)
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Brick, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport, Garage, Garage Faces Rear, Garage - Single Door
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 37213207
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Park Lane
  • Directions: EXIT 55 FRWY AT KATELLA, RIGHT TO MEATS, RIGHT, FIRST RIGHT, PARK LANE
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Orange Agent

Sale History for 2051 N Park Ln

Last sold on February 17th, 2011

  • January, 2024

  • Jan 26, 2024

    Date

    Active

    CRMLS: PW24016443

    $1,795,000

    Price

  • February, 2011

  • Feb 17, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2010

  • Sep 3, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2051 N Park Ln

Assessed Value (2020): $768,097
Year Land Value Improved Value Assessed Value
2020 $554,081 $214,016 $768,097

Home Value Compared to the Market

This property vs the competition

2051 N Park Ln is listed 63.93% higher than the median list price for the city of Orange which has a median list price of $1,095,000. The median price per/sqft for Orange is $609 and this home is listed at $400.67 per/sqft which puts the price per square foot 34.21% lower than the median price per square foot for the city of Orange.

About 2051 N Park Ln

Detailed summary of property

2051 N Park Ln is a fourplex located in Orange, CA 92865 and is currently for sale. This fourplex offers 9 bedrooms, 7 bathrooms, roughly 4,480 living square feet, and sits on an approximately 7,405 square foot lot. 2051 N Park Ln was first listed on ArdentRealEstateGroup.com on January 27, 2024. The homeowner is currently asking $1,795,000. The median priced home in Orange is $1,095,000 with a median price per square foot of $609. Based on Ardent Real Estate Group's Orange Market Data, this home is listed 63.93% higher than the median priced home. Local competing homes currently for sale include 1556 E Benmore Ln, 310 E Wakefield Ave and 471 E Broadway. While the average home in Orange, CA is selling in 43 days, 2051 N Park Ln has a days on market of 86 days. There are currently 162 homes for sale in the Orange real estate market and 124 of them are single family homes while 31 of them are condos and 7 are townhomes. For more information on this home for sale at 2051 N Park Ln Orange, CA 92865 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 2051 N Park Ln

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
4,480
Lot Size
6,997
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
372-132-07

The source for these homes facts are from public records.

92865 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$990,000
Median List Price/Sq.Ft.
$591
Median Sold Price
$1,058,800
Median Sold Price/Sq.Ft.
$520
Total Inventory
23
Median Sale to List Price %
106.95%
Avg Days on Market
11
Loan Type
Conventional (45.45%), FHA (0%), VA (9.09%), Cash (18.18%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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