Properties

Midway City, CA 92655 15121 Van Buren

15121 Van Buren Midway City, CA - Image 115121 Van Buren Midway City, CA - Image 215121 Van Buren Midway City, CA - Image 3
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15121 Van Buren Midway City, CA - Image 415121 Van Buren Midway City, CA - Image 515121 Van Buren Midway City, CA - Image 615121 Van Buren Midway City, CA - Image 715121 Van Buren Midway City, CA - Image 815121 Van Buren Midway City, CA - Image 915121 Van Buren Midway City, CA - Image 1015121 Van Buren Midway City, CA - Image 1115121 Van Buren Midway City, CA - Image 1215121 Van Buren Midway City, CA - Image 1315121 Van Buren Midway City, CA - Image 1415121 Van Buren Midway City, CA - Image 1515121 Van Buren Midway City, CA - Image 16
Presented By: Mark Bridge with Mark Bridge, Broker; Mark.Bridge@matthews.com
  • MLS# OC26021954
  • 02/02/2026
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  • Baths • 1
  • SQFT • 7,784

Home Details

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 residentsโ€™ 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.
Presented By: Mark Bridge with Mark Bridge, Broker; Mark.Bridge@matthews.com

Interior Features for 15121 Van Buren

Other Interior Features

Common Walls1 Common Wall
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories1
Window FeaturesDouble Pane Windows

Other Rooms

Entry Level1

General for 15121 Van Buren

Additional Parcels Y/NNo
AppliancesDisposal, Gas Oven, Gas Range, Range Hood, Water Heater
Building Area UnitsSquare Feet
Cap Rate4.5
CityMidway City
Community FeaturesCurbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated
CountyOrange
Current FinancingNone
Directions405 South, East on Bolsa Ave, South on Van Buren St
Electric Expense1200
Entry LocationFirst
Fuel Expense1200
Garage Spaces
Garage Y/NNo
Gross Income298020
HOANo
HOA Fee$
HeatingNatural Gas, Wall Furnace
Insurance Expense14474
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan
Lot Size Square Feet16117.2
Lot Size UnitsAcres
MLS Area699 - Not Defined
MaintenanceExpense9000
Net Operating Income178126
New ConstructionNo
Number Of Units Total18
Number of Units Leased18
Open Parking Spaces10
Operating Expense111025
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityMIDWAY CITY
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition, Shingle
Security FeaturesGated Community
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot107
Taxes$44,346
Tenant PaysElectricity, Gas
Total Actual Rent295620
Trash Expense3300
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
ViewCourtyard
Water Sewer Expense6000
Year Built1945
Year Built SourceAssessor

Exterior for 15121 Van Buren

Building Area Total7784
FencingGood Condition
Lot Features16-20 Units/Acre
Lot Size Acres0.37
Lot Size Area0.37
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters18
Number of Separate Gas Meters18
Number of Separate Water Meters1
Parking FeaturesAssigned, Concrete, Off Street
Private PoolNo
Total Parking10
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,990,000
MLS#OC26021954
List Date 02/02/2026
Property Type Multi-Family
Phone 888.795.6274
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