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2026 N Park Lane

Orange, CA 92865

– beds
– baths
– sqft
9,148 sqft lot
1975 build
– on site

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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.

Listed By CRMLS_CA / Michael Arp / Morgan Skenderian

Last checked: Checking… • Last updated May 29, 2024 •

MLS# PW24078264 —

The Building

Year Built:

1975
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4394.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

55

Interior

Levels:

Two
Entry Location:

Ground
Window Features:

Double Pane Windows
Laundry:

Common Area
Laundry:

1

Location

Directions:

South of Meats Avenue and West of the 55 freeway
Latitude:

33.82153400
Longitude:

-117.83402700

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Lot Features:

Corner Lot, Rectangular Lot, Level
Lot Size Area:

9148.0000
Lot Size Acres:

0.2100
Lot Size SqFt:

9148.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

758.11
Tax Tract:

64
Tax Lot:

22

The Listing

Special Listing Conditions:

Standard
Parcel Number:

37213121

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking:

Yes
Parking:

Garage
Parking Spaces:

7.00
Garage Spaces:

5.00
Uncovered Spaces:

2.00

Extra Units

Average 2 Bed Area:

1050
Average 3 Bed Area:

1224
Number With Disposal:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/28/24 May 28, 2024	Sold	CRMLS_CA	$1,815,000	-3.2%
5/16/24 May 16, 2024	Pending	CRMLS_CA	$1,875,000
4/19/24 Apr 19, 2024	Listed / Active	CRMLS_CA	$1,875,000	25.6%

Multifamily Sold on 5/28/2024

$1,815,000

Listing provided by broker:

Michael Arp

Morgan Skenderian

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Listing Courtesy of: CRMLS_CA and Morgan Skenderian. Based on information from California Regional Multiple Listing Service, Inc. as of 16:26 on Feb 10.

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.

2026 N Park Lane

Orange, CA 92865