2026 Park Lane
Orange, CA 92865
Sold
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.
PROPERTY INFORMATION
MLS # | OC24022792 | Lot Size | 9,148 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Quadruplex |
Price | $ 1,449,000
Price Per SqFt: $ 330 |
DOM | 333 Days |
Address | 2026 Park Lane | Type | Residential Income |
City | Orange | Sq.Ft. | 4,394 Sq. Ft. |
Postal Code | 92865 | Garage | 5 |
County | Orange | Year Built | 1975 |
Bed / Bath | 9 / 0 | Parking | 6 |
Built In | 1975 | Status | Closed |
Sold Date | 2024-02-23 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Common Area |
Has Fireplace | No |
Fireplace Information | None |
Has Cooling | Yes |
Cooling Information | Central Air |
EntryLocation | 1 |
Entry Level | 1 |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,546
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
02/23/2024 | Sold | $1,493,000 |
02/15/2024 | Pending | $1,449,000 |
02/04/2024 | Active Under Contract | $1,449,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Alex Gagnon, Whitney Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.