$1,435,000
$1,415,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
7,492 Sqft Lot
SOLD DATE : 01/16/2019
Key Details
Sold Price $1,435,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18395710
Sold Date 01/16/19
HOA Y/N No
Year Built 1984
Lot Size 7,492 Sqft
Property Description
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
Location
State CA
County Orange
Area 65 - N Of Blsa, S Of Ggrv, E Of Bch, W Of Brookhrs
Interior
Cooling See Remarks
Fireplace No
Laundry See Remarks
Exterior
Parking Features Other
Building
Story 2
Others
Tax ID 09713407
Special Listing Condition Standard
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Bought with Kevin Bui • Professional R.E. Center, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "