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14932 Van Buren St
Midway City, CA 92655
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,352 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1984 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,352 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
ABOUT 14932 VAN BUREN ST , MIDWAY CITY, CA 92655
CBRE, as the exclusive listing agent, is pleased to present for sale the Van Buren Street Apartments, a multifamily community comprised of 4 units in Midway City, California. Investment Highlights: • 5%+ Market CAP • Value add opportunity – 29% Upside in Gross Potential Rents • Strong rental market of Midway City, near the intersection of Beach Boulevard and Bolsa Avenue • Large floor plans averaging 1,088 SF • Year Built: 1984 • Building Size: 4,352 RSF (Lot Size: 7,492 SF) • Unit Mix: Two (2) two-bedroom one-bathroom units, one (1) two-bedroom two-and one-half-bathroom townhome unit, one (1) three-bedroom two-and-one-half-bathroom townhome unit • Parking: (7) single-car garages & (2) open spaces • Tenants benefit from the many shopping options along the corridor of Beach Boulevard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,500 | 851 |
| 2+2 | 1 | $1,550 | 1,250 |
| 3+2 | 1 | $2,025 | 1,400 |
PROPERTY TAXES
| Parcel Number | 097-134-07 | Improvements Assessment | $405,683 |
| Land Assessment | $1,783,429 | Total Assessment | $2,189,113 |
PROPERTY TAXES
