2051 N Highland Street, Orange, California 92865, Orange, - bed, bath
ACTIVE$1,850,000
2051 N Highland Street, Orange, California 92865
0Bed
0Bath
4,480Sqft
7,405Lot
Year Built
1968
Close
-
List price
$1.85M
Original List price
$1.85M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25160729
Home ConditionFair
Features
Deck
Patio
View-
About this home
Covington Style 4 plex, Large 3 Bedroom 2 Bath front unit approximately 1600 sq.ft, three 2 Bedroom 2 Baths units that are approximately 1050, 950 and 900 sq.ft, 4 single car garages, 2 patios and 2 decks. Very desirable location in Downtown Orange, Villa Park School district, one block to Orange Mall and shopping centers. Tenants pay their own gas and electric.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 4,480 | 3,462 | 86% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $1.85M | $1.39M | 86% |
| Price per square foot | $413 | $413 | 50% |
| Built year | 1968 | 1966 | 71% |
| HOA | |||
| Days on market | 109 | 196 | 14% |
Condition Rating
Fair
The property was built in 1968. Based on the exterior image, the property appears to be aged but maintained. It likely requires minor updates or repairs to modernize the kitchens and bathrooms. The overall condition suggests it's been maintained through regular upkeep, but major components are likely outdated.
Pros & Cons
Pros
Prime Location: Desirable location in Downtown Orange, offering convenient access to amenities and attractions.
Strong School District: Located in the Villa Park School district, a highly sought-after area for families.
Income Potential: Four-unit property provides a steady stream of rental income.
Unit Mix: Variety of unit sizes (one 3-bedroom and three 2-bedroom units) caters to diverse tenant needs.
Tenant Responsibility: Tenants pay their own gas and electric, reducing landlord expenses.
Cons
Year Built: Built in 1968, the property may require updates to meet modern standards and preferences.
Garage Space: Only 4 single-car garages for 4 units may be insufficient for tenants with multiple vehicles.
Potential Maintenance: Older property may require ongoing maintenance and repairs.