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$1,695,000   Price Analysis
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2051 N Park Ln
Orange, CA 92865
9 bed 8 bath 4,480 SqFt ($378/SqFt)
7,405SqFt lot. Built 1968
Listed 2024-01-27, Taxes $9,368
Ⓧ USDA Ineligible
due to price & location

near Orange

Welcome to 2051 Park Lan

* Has Contingent Offer *

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 distan ce to shopping including Target, Home Depot and public transportation. Villa Park schools. sizeable rooms, alcoves and open floorplans make these units easy to rent. Ask about owner financing option!


Presented by Al Ricci at
RICCI REALTY.
Listing Agent Photo

Property MLS #PW24016443 from CRMLS

Bedrooms: 9

Balcony
Ceiling Fan(s)
Door Features: Sliding Doors
Flooring: Carpet, Laminate, Tile

Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood
Appliances YN: Yes
Laundry Features: Community, Individual Room

Den, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Utility Room

Cooling Features: Wall/Window Unit(s)
Heating Features: Central, Forced Air
Heating: Yes

Full Bathrooms: 8

Fencing: Fence YN: Yes, Fencing: Brick, Wrought Iron
Road Frontage Type: City Street
Road Surface Type: Paved

Carport Spaces: 1
Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Attached Carport, Garage, Garage Faces Rear, Garage - Single Door
Parking Total: 6

Lot Description: Front Yard, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Walkstreet, Yard
Lot Size Acres: 0.1699954
Lot Size Source: Assessor
Lot Size Square Feet: 7405

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 4
Tenant Pays: Cable TV, Electricity, Gas
Rent Control: Yes

Community Features: Curbs, Sidewalks, Street Lights, Urban

Source Listing Status: Active Under Contract
County: Orange
Source Property Type: Residential Income
Exclusions: All tenants personal property
Insurance Expense: 3500.00
Area: 72 - Orange & Garden Grove, E of Harbor, N of 22 F
Source Neighborhood: Other (OTHR)
New Taxes Expense: 19566.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 37213207
Postal Code Plus 4: 4044
Subdivision: Other (OTHR)
Trash Expense: 1800.00
Walk Score: 61
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$220,557 + $571,018
$791,575
$9,368
2021$216,233 + $559,821
$776,054
$9,115
2020$214,016 + $554,081
$768,097
$9,030
2019$209,820 + $543,217
$753,037
$8,923
2018$205,706 + $532,566
$738,272
$8,789
2017$201,673 + $522,124
$723,797
$8,438
2016$197,719 + $511,886
$709,605
$8,280
2015$194,750 + $504,197
$698,947
$8,158
2014$190,936 + $494,320
$685,256
$7,985
2013$190,074 + $492,085
$682,159
$7,962
2012$186,348 + $482,436
$668,784
$7,778
2011$182,695 + $472,976
$655,671
$7,562
2010$181,330 + $469,441
$650,771
$7,446
2009$181,761 + $470,557
$652,318
$7,375
2008$178,198 + $461,330
$639,528
$7,157
2007$174,704 + $452,285
$626,989
$6,983

Price Changed 2024-04-24
$1,695,000
CRMLS
Listed 2024-01-27
$1,795,000
CRMLS
Sold 2002-10-31
$580,000
Public Record
Sold 2002-01-25
$473,500
Public Record
Sold 2000-09-27
$407,000
Public Record
Sold 2000-05-16
$335,000
Public Record
Sold 1990-01-05
$400,000
Public Record

Net Operating Income: 66300.00

Total Square Feet Living: 4480
Year Built: 1968
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Frame, Stucco
Direction Faces: West
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Property Age: 56
Property Attached: Yes
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Traditional
Year Built Source: Assessor

Electric: Standard
Electric Expense: 1034.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1400.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Taft Elementary School is a public elementary school located approximately 0.6 miles away.
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Cerro Villa Middle School is a public middle school located approximately 0.8 miles away.
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Villa Park High School is a public high school located approximately 1 miles away.
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Independence Christian School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.