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.
Property Details
Property Features
Property Information:
Year Built: 1975
Stories: 2
Listing Office:
Office Name: Morgan Skenderian
Office Phone: (949) 251-8800
Listing Agent: Michael Arp
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 5 spaces
Parking: Garage
Lot Features
Lot Information:
Lot: Corner Lot, Level, Rectangular Lot
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Villa Park High School, Public Magnet Grades 9-12
Cerro Villa Middle School, Public Magnet Grades 7-8
Taft Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: South of Meats Avenue and West of the 55 freeway
Price Information
Listing Price Info
Price Summary:
List Price: $1,875,000
Tax Information:
Annual Amount: $3,358
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Orange, CA.
This property is $884.9K more than the Median Sold Price in Orange, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24078264
Listing Office:
Office Name: Morgan Skenderian
Office Phone: (949) 251-8800
Listing Agent: Michael Arp
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 7:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,358
$225,960
2020
$3,325
$223,644
2019
$3,247
$219,259
2018
$3,247
$214,960
2017
$3,136
$210,746
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Taft Elementary School
1829 N Cambridge St
Distance between this listing and this school0.54 miles
Public District Grades KG-6
Middle School
5
/10
Cerro Villa Middle School
17852 Serrano Ave
Distance between this listing and this school0.87 miles
Public Magnet Grades 7-8
High School
6
/10
Villa Park High School
18042 Taft Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Taft Elementary School
1829 N Cambridge St
Distance between this listing and this school0.54 miles
Public District Grades KG-6
Nearby Schools
6
/10
Serrano Elementary School
17741 Serrano Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-6
9
/10
Nohl Canyon Elementary School
4100 E Nohl Ranch Rd
Distance between this listing and this school1.16 miles
Public Magnet Grades KG-6
Assigned Schools
5
/10
Cerro Villa Middle School
17852 Serrano Ave
Distance between this listing and this school0.87 miles
Public Magnet Grades 7-8
Nearby Schools
4
/10
Yorba Middle School
935 N Cambridge St
Distance between this listing and this school1.33 miles
Public Magnet Grades 6-8
7
/10
McPherson Magnet
333 S Prospect St
Distance between this listing and this school2.77 miles
Public Magnet Grades KG-8
Assigned Schools
6
/10
Villa Park High School
18042 Taft Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Orange High School
525 N Shaffer St
Distance between this listing and this school1.92 miles
Public Magnet Grades 9-12
6
/10
El Modena High School
3920 E Spring St
Distance between this listing and this school2.47 miles
The neighbors living near this home have an average income of $48,240. The majority of Orange, CA residents have income between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.
This home is located at 2026 N Park Ln in Orange, CA and zip code 92865. This home, which was built in 1975, sits on a 0.21 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $1,875,000.
Orange, CA housing market in April 2024 saw over 41 listings sold above listed price, more than 9 sold at listed price and over 13 sold below. The number of homes for sale in Orange, CA increased by 0.5% between March 2024 and April 2024. Listings spent 19 days on the market in April 2024, and had a median list price of $990,037 during the same period.
From Rocket Homes Real Estate and based on county public records data.