15121 Van Buren Midway City, CA $ 3,990,000
15121 Van Buren
$ 3,990,000
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15121 Van Buren

Midway City, CA, 92655
$ 3,990,000
Baths1.0 Sq 7,784

Monthly Estimate*

$ 24,567

Listed by Mark Bridge, Broker
15121 Van Buren, Midway City, CA 92655 - Image 1
15121 Van Buren, Midway City, CA 92655 - Image 2
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15121 Van Buren, Midway City, CA 92655 - Image 8
15121 Van Buren, Midway City, CA 92655 - Image 9
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15121 Van Buren, Midway City, CA 92655 - Image 12
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15121 Van Buren, Midway City, CA 92655 - Image 17
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Studio

Single Family Home for sale in Midway City, CA

for $3,990,000 with 1 full bath. This 7,784 square foot home was built in 1945 on a lot size of 0.37.

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.

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Single Family Active

Price

$ 3,990,000

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.37

Year Built

1945

Town/City

Midway City

County/Region

Orange

MLS | Web ID

OC26021954

Days on Market

20

Features
General
Sewer PublicSewer
Heating NaturalGas WallFurnace
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Composition Shingle
Appliances Disposal GasOven GasRange RangeHood WaterHeater
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features GatedCommunity
Year Built 1945
Tenant Pays Electricity Gas
View Courtyard
Stories Count 1
Levels One
Property Subtype MixedUse
Gross Income 298020
Community Features Curbs Gutters StormDrains StreetLights Suburban Sidewalks Gated
County Orange
Net Operating Income 178126
Operating Expense 111025
Insurance Expense 14474
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 9000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 405 South East on Bolsa Ave South on Van Buren St
City Midway City
Entry Location First
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 18
MLS Area 699 - Not Defined
Lot Size Units Acres
Lot Size Square Feet 16117.2
Number of Units Leased 18
Listing Terms Cash CashToNewLoan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1200
Current Financing None
Fuel Expense 1200
Property Condition Turnkey
Trash Expense 3300
Water Sewer Expense 6000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 107
Total Actual Rent 295620
Property Sub Type Additional MixedUse
Taxes 44346
Cap Rate 4.5
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Interior
Total Stories 1
Common Walls OneCommonWall
Heating Y/N true
Window Features DoublePaneWindows
Laundry Features CommonArea
Entry Level 1
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Exterior
Fencing GoodCondition
Parking Features Assigned Concrete OffStreet
Lot Features SixteenToTwentyUnitsAcre
Water Source Public
Total Parking 10
Lot Size Area 0.37
Number of Buildings 2
Building Area Total 7784
Lot Size Acres 0.37
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 18
Number of Separate Electric Meters 18
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* Excluded Features
List By
Mark Bridge, Broker

Broker

Mark.Bridge@matthews.com

Email

Affordability Calculator

$24,567
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$24,567
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$3,990,000 Listed Price

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15121 Van Buren, Midway City, CA, 92655 is a Single Family Home for sale at $3,990,000 with 7,784 sqft and a lot size of 0.37. 15121 Van Buren is a studio with 1.0 baths and was built in 1945. The property's zip code is 92655 which is in Midway City, CA