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    15121 Van Buren St Midway City, CA 92655

    7,776 SF Built 1945
    Property ID
    US09-Q027057
    15121 Van Buren St, Midway City, CA 92655 For Sale 1 / 52
    $3,400,000 7,776 SF
    15121 Van Buren St, Midway City, CA 92655
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    Only $188,888 Per Unit! 5.4% CAP! Reduced Price! We 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

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1945
    Total area 7,776 SF
    UPID US09-Q027057
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Liberty First Air Duct Cleaning Service HVAC Service
    1 occupant on record
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