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15121 Van Buren, Midway City, CA 92655
Priced at Only: $3,990,000
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Address: 15121 Van Buren, Midway City, CA 92655
Property Location and Similar Properties
- MLS#: OC26021954 ( Apartment )
- Street Address: 15121 Van Buren
- Viewed: 5
- Price: $3,990,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1945
- Bldg sqft: 0
- Days On Market: 41
- Additional Information
- County: ORANGE
- City: Midway City
- Zipcode: 92655
- Provided by: Mark Bridge, Broker
- Contact: Mark Mark

- DMCA Notice
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DescriptionWe are pleased to present 15121 Van Buren St in the strong Midway City rental market. This garden style 100% single story complex is in great condition thanks to quality management and a strong pride of ownership. Comprised of sixteen studios and two one bed one bath units, the beautifully landscaped grounds are adorned with white rose bushes and gated pedestrian entry at both ends. The building exterior has newer double pane vinyl windows, pitched shingle roofs and concrete parking surfaces. The building is also separately metered for gas and electricity and has an on site laundry facility for residents use. Each unit has a separate hot water heater and security screen door. All units have upgraded electrical panels installed. The strong Midway City location at Beach Blvd and the 405 Freeway offers an investor the ability to attract quality residents seeking a well located residence with convenient access to a wide variety of activities and retail amenities. Nearby are Costco Wholesale, Whole Foods Market, Target, Bella Terra, Old World Village, Harbor Freight, Star View Elementary School, Leo Carrillo Elementary School, Vista View Middle School, Park West, and Russell C Paris Park. 100% single story low density complex, located in the strong Midway City rental market with excellent curb appeal. Beautifully landscaped with white rose bushes, courtyard fountains, and gated pedestrian access on both ends. The building has pitched composition shingle roofs, concrete parking surfaces with additional street parking, separate gas and electric meters, individual water heaters, security screen doors, new electrical subpanels, and an on site laundry facility. Centrally located at the I 405 and Beach Blvd, the property is within a mile of Costco Wholesale, Whole Foods Market, Target, Bella Terra, Old World Village, Harbor Freight, multiple parks and schools, and surrounded by a variety of shopping centers and entertainment options.
Features
Appliances
- Water Heater
- Disposal
- Range Hood
- Gas Range
- Gas Oven
Association Fee
- 0.00
Building Area Total
- 7784.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Country
- US
Days On Market
- 32
Current Financing
- None
Electric Expense
- 1200.00
Entry Location
- First
Fencing
- Good Condition
Fuel Expense
- 1200.00
Garage Spaces
- 0.00
Gardner Expense
- 3480.00
Have
- 18 Units | 100% Single Story | Turnkey
Heating
- Natural Gas
- Wall Furnace
Insurance Expense
- 14474.00
Laundry Equipment Own Lease
- Lease
Laundry Features
- Community
Laundry Income
- 2400.00
Levels
- One
Lockboxtype
- None
Lot Features
- 16-20 Units/Acre
Netoperatingincome
- 178126.00
Newtaxesexpense
- 44346.00
Number Of Separate Electric Meters
- 18
Number Of Separate Gas Meters
- 18
Number With Disposal
- 18
Number With Range
- 18
Otherexpense
- 15000.00
Otherexpensedescription
- Reserves
Parcel Number
- 10718008
Parking Features
- Concrete
- Assigned
- Off Street
Pest Control Expense
- 1200.00
Pool Features
- None
Professionalmanagementexpense
- 11825.00
Property Type
- Apartment
Property Condition
- Turnkey
Roof
- Composition
- Shingle
Security Features
- Gated Community
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 455665314:CRM
Taxblock
- 180
Tenant Pays
- Gas
- Electricity
Totalactualrent
- 295620.00
Totalexpenses
- 111025.00
Trash Expense
- 3300.00
Uncovered Spaces
- 10.00
Utilities
- Natural Gas Connected
- Sewer Connected
- Cable Connected
- Phone Connected
- Electricity Connected
- Water Connected
Vacancyallowance
- 8869
View
- Courtyard
Water Sewer Expense
- 6000.00
Water Source
- Public
Window Features
- Double Pane Windows
Year Built
- 1945
Year Built Source
- Assessor
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com


















