2051 North Park Lane

Orange, CA 92865

$1,695,000
Price
9
Beds
8
Baths
4,480 Sq. Ft.
$378 / Sq. Ft.
4,480
Sq. Ft.
$378
per Sq. Ft.

Description

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....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. Ask about owner financing option!
  1. Listed by Albert Ricci • DRE #01011606 • Brokerage DRE #01011606 • Ricci Realty • 714-231-6058
  2. Listed by Chris Ricci • DRE #02200968 • Brokerage DRE #01011606 • Ricci Realty

Property Details for 2051 North Park Lane

Architectural Style
Traditional
View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Ricci Realty, Albert Ricci, DRE #01011606; Ricci Realty, Chris Ricci, DRE #02200968
Add your commute
LISTING UPDATED: 04/29/2024 09:15 AM

Property Details for 2051 North Park Lane

StatusActive
MLS #PW24016443
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.17 AC / 7,405 SF
CountyOrange County

Location

Listing Courtesy of Ricci Realty, Albert Ricci, DRE #01011606; Ricci Realty, Chris Ricci, DRE #02200968
Add your commute

Building Information for 2051 North Park Lane

Stories2Residences-Year Built1968Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$10,548 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,250

Property Taxes

$1,298

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2051 North Park Lane

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $93,600
  • Gross Scheduled Income: $93,600
  • Net Operating Income: $66,300
Expense Details
  • Operating Expense: $27,300
  • Operating Expense Percent: 35.00%
  • New Taxes Expense: $19,566
  • Fuel Expense: $0
  • Electric Expense: $1,034
  • Insurance Expense: $3,500
  • Trash Expense: $1,800
  • Water Sewer Expense: $1,400
  • Total Expenses: $27,300
Tax / Assessment Info
  • Tax Tract Number: 5086
  • Tax Census Tract: 758.11
  • CFD/Mello-Roos Fee: $1,037
  • Tax Lot: 4
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood
  • Equipment: Community, Room
  • Interior Features: Balcony, Ceiling Fan(s)
  • Room Type: Den, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Utility Room
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Central, Forced Air
  • Heating: Central, Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Door Features: Sliding Doors
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Brick, Wrought Iron
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 61
Land/Lot Info
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Walkstreet, Yard
  • Direction Faces: West
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 4
  • Carport Spaces: 1
  • Parking Features: Attached Carport, Garage, Garage Faces Rear, Garage - Single Door
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,860
  • Unit Type Total Rent: $1,860
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 2495
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,860
  • Unit Type Total Rent: $1,860
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,860
  • Unit Type Total Rent: $1,860
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Patio: 4
  • Number Wall AC: 4

Property History for 2051 North Park Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2051 North Park Lane

Taxable ValueLand$1,181,788Additions$195,212Total$1,377,000
Tax Record2023$15,571 ($1,298 / month)
Home Facts
Total Finished SqFt4,480 SqFtAbove Grade Finished SqFt4,480 SqFtStories2Lot Size7,288 SqFtStyleQuadraplexYear Built1968CountyORANGEAPN372-132-07

Schools near 2051 North Park Lane

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Taft Elementary School
PublicK to 6

Cerro Villa Middle School
Public7 to 8

Villa Park High School
Public9 to 12

Richland Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2051 North Park Lane is a multi-family home for sale in Orange, CA 92865. This property was listed for sale on January 26, 2024 by Ricci Realty, it's currently listed at $1,695,000. It has been on the market for a total of 95 days and was last sold on October 31, 2002. This listing's school district is Orange Unified School District. Nearby schools include Taft Elementary School, Cerro Villa Middle School and Villa Park High School. 2051 North Park Lane is a 9-bed, 8-bath, 4,480 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ricci Realty, Albert Ricci, DRE #01011606; Ricci Realty, Chris Ricci, DRE #02200968

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.