
Orange, California 92865
Analysis of 2051 N Highland Street, Orange, California 92865 is currently available with a list price of $1,700,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Orange Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1968, this 56-year-old quadruplex shows significant signs of age and a lack of major renovations. The exterior appears very dated with older windows, worn garage doors, and the presence of window AC units, indicating outdated cooling systems. The MLS description explicitly notes the property's age as a weakness, suggesting it will necessitate 'significant capital expenditures for system upgrades, renovations, or deferred maintenance.' While interior photos are not provided, the overall condition of the exterior and the property's age strongly imply that kitchens, bathrooms, and other major systems are likely original or very old, requiring substantial repairs and rehabilitation to meet modern standards.
This property is a dedicated 4-plex residential income asset, providing multiple revenue streams and strong investment potential.
Situated in a highly desirable Downtown Orange area, offering excellent proximity to Orange Mall and various shopping centers, enhancing tenant appeal.
Located within the reputable Villa Park School District, a significant draw for families and a factor that can command higher rental rates.
Built in 1968, the property is over 50 years old, which may necessitate significant capital expenditures for system upgrades, renovations, or deferred maintenance to meet modern tenant expectations.
The property has undergone multiple price reductions from its original listing, indicating potential market resistance or an initial overvaluation, which could affect perceived value.
The absence of a defined subdivision name ('none') could imply a less structured neighborhood or lack of specific community features often found in planned developments.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,480 | 4,480 | 50% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $1.70M | $1.70M | 50% |
| Price per sq ft | $379 | $379 | 50% |
| Built year | 1968 | 1968 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 278 | 197 | 0% |
Dec 8, 2025
$1,700,000
$1,725,000
-1% Price Drop
Initial Listing
Nov 29, 2025
$1,725,000
$1,750,000
-1% Price Drop
Initial Listing
Nov 22, 2025
$1,750,000
Initial Listing
Jul 18, 2025
$1,850,000
Initial Listing