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2026 Park Lane

Orange, CA 92865

$1,493,000 Sale Price
Est. Payment: $ 0/mo
9
Bed
0
Bath
4,394 Sq. Ft.
$330 / Sq. Ft.
Sold

2026 Park Lane

Orange, CA 92865

Sold
$1,493,000 Sale Price
$0/mo
9
Bed
0
Bath
4,394
Sq. Ft.
1 /
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
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,546
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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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
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Topfind Realty

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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.
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