15121 Van Buren St, Midway City, CA, 92655
Property Details
2
multi family
Description
Multi Family in Midway City, CA - Bedrooms: 0 - Bathrooms: 2 - Area: N/A - Year Built: 1945 - Lot: 16117 sqft
Listing Agent: Mark Bridge Brokerage: Mark Bridge, Broker
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 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.
Location
Address
15121 Van Buren St, Midway City, CA, 92655
City
Midway City
Features and Finishes
Water Heater, Disposal, Range Hood, Gas Range, Gas Oven, Laundry Features: Community, Full Bathrooms: 2, Heating Features: Natural Gas, Wall Furnace, Heating: Yes, Window Features: Double Pane Windows, Additional Parcels: No, Land Lease: No, Lot Description: 16-20 Units/Acre, Lot Size Acres: 0.37, Lot Size Source: Assessor, Lot Size Square Feet: 16117, Fencing: Good Condition, Parking Features: Concrete, Assigned, Off Street, Parking Total: 10, View: Courtyard, Association: No, Calculated Total Monthly Association Fees: 0, Gardener Expense: 3480, Maintenance Expense: 9000, Gross Income: 298020, Gross Scheduled Income: 298020, Number of Units Leased: 18, Tenant Pays: Gas, Electricity, Vacancy Allowance: 8869, Rent Control: No, Number of Units: 18, Bedrooms in Unit-1: 0, Bedrooms in Unit-2: 1, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-2: 1, Unit-1 Furnished Description: Unfurnished, Unit-2 Furnished Description: Unfurn
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