2051 N Highland Street, Orange, California 92865, Orange, 92865 - bed, bath
ACTIVE$1,700,000
2051 N Highland Street, Orange, California 92865
0Bed
0Bath
4,480Sqft
7,405Lot
Year Built
1968
Close
-
List price
$1.7M
Original List price
$1.85M
Price/Sqft
$379
HOA
-
Days on market
-
Sold On
-
MLS number
PW25160729
Home ConditionPoor
Features
Deck
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.70M(50th), sqft - 4480(80th), beds - undefined(50th), baths - undefined(50th).
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.
Price History
Date
Event
Price
12/08/25
Price Change
$1,700,000-1.4%
11/29/25
Price Change
$1,725,000-1.4%
11/22/25
Price Change
$1,750,000
07/18/25
Listing
$1,850,000
Condition Rating
Poor
Built in 1968, this property is over 50 years old with no mentioned recent renovations. The property analysis explicitly notes a 'Lack of Mentioned Upgrades' and suggests units may feature 'original or dated finishes,' requiring significant investment to modernize. Furthermore, it highlights the need for 'significant capital expenditures for system updates (e.g., plumbing, electrical, roof) in the near future.' Exterior images show older aesthetics and window/wall AC units, indicating outdated systems. Without interior photos, it's highly probable that kitchens and bathrooms are original or very old, necessitating substantial repairs and rehabilitation to meet current standards. This aligns with the 'poor' condition criteria, where major components require repair or replacement.
Pros & Cons
Pros
Residential Income Opportunity: As a quadruplex, this property is an excellent investment for generating consistent rental income and potential long-term appreciation.
Exceptional Location: Situated in desirable Downtown Orange, the property offers high walkability and immediate access to Orange Mall and various shopping centers, enhancing tenant appeal.
Strong School District: Located within the highly-rated Villa Park School District, a significant draw for families and a factor that can command higher rents.
Reduced Landlord Expenses: Tenants are responsible for their own gas and electric utilities, which significantly lowers the landlord's operating costs and increases net income.
Diverse Unit Mix & Amenities: The property features a large 3-bedroom unit alongside three 2-bedroom units, plus 4 single-car garages, 2 patios, and 2 decks, appealing to a broad tenant base.
Cons
Age of Property: Built in 1968, the property is over 50 years old, which may necessitate significant capital expenditures for system updates (e.g., plumbing, electrical, roof) in the near future.
Multiple Price Reductions: The property has undergone several price reductions from its original listing, which could signal initial overpricing or challenges in attracting buyers, potentially impacting its perceived market value.
Lack of Mentioned Upgrades: The description does not specify any recent renovations or upgrades, suggesting that units may feature original or dated finishes that could require investment to modernize and optimize rental income.