NOT LISTED FOR SALE

14932 Van Buren St Midway City, CA 92655

2 Beds
1 Bath
4,352 Sq Ft
7,492 Sq Ft Lot Lot

Sale Details

Date Sold: January 16, 2019

Last sale price $1,435,000 $330 Per Sq Ft

16 Days on Market

About This Home

As of January 2019

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

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 10/10/2018

Last Buyer's Agent

Kevin Bui

Professional R.E. Center, Inc. License #01366302

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 7,492 Sq Ft Lot

Parking

  • 9 Parking Spaces

Interior Spaces

  • 4,352 Sq Ft Home
  • 2-Story Property

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 097-134-07

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4352
  • Stories: 2
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 325.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 9

Lot Info

  • Assessed Improvement Value: 353889
  • Assessed Land Value: 128951
  • Assessor Parcel Number: 097-134-07
  • Geocode Override: No
  • Lot Size Area: 7492

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.93
  • Number Of Units: 4
  • Type Of Units: Apartments
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2019 01/16/19 Sold $1,435,000 +1.4% $330 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $1,415,000 -- $325 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,737 $1,600,767 $1,304,115 $296,652
2024 $19,737 $1,569,380 $1,278,544 $290,836
2023 $19,072 $1,538,608 $1,253,474 $285,134
2022 $18,775 $1,508,440 $1,228,896 $279,544
2021 $18,300 $1,478,863 $1,204,800 $274,063
2020 $18,091 $1,463,700 $1,192,447 $271,253
2019 $7,589 $502,345 $134,160 $368,185
2018 $7,582 $492,496 $131,530 $360,966
2017 $7,343 $482,840 $128,951 $353,889
2016 $7,152 $473,373 $126,423 $346,950
2015 $7,045 $466,263 $124,524 $341,739
2014 $6,909 $457,130 $122,085 $335,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-395710

The MLS

APN: 097-134-07

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