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$1,125,000
Est. payment /mo
New
15564 Hesperia Victorville, CA 92395
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25274540
HOA Y/N No
Year Built 1951
Property Sub-Type Multi Family
Property Description
Discover a well-maintained 10-unit multifamily property located at 15564 Hesperia Rd, Victorville, offering stable cash flow and strong future upside. Built in 1951 and thoughtfully updated, this asset features eight 1-bed/1-bath units and two studio units, providing an attractive unit mix for the high-demand local rental market. With 9 of the 10 units fully remodeled, investors benefit from modernized interiors and reduced near-term capital expenditures. The property also boasts updated electrical and plumbing systems, supporting long-term operational efficiency and reliability.
Currently operating at a 6.89% cap rate, this property delivers immediate returns with the potential for further rental growth. Positioned along a major corridor with convenient access to local amenities, employment centers, and transit, it stands as an excellent opportunity for both seasoned and new investors seeking a stable asset in the Inland Empire.
Currently operating at a 6.89% cap rate, this property delivers immediate returns with the potential for further rental growth. Positioned along a major corridor with convenient access to local amenities, employment centers, and transit, it stands as an excellent opportunity for both seasoned and new investors seeking a stable asset in the Inland Empire.
Location
State CA
County San Bernardino
Area Vic - Victorville
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Rocks
Story 1
Water Public
Others
Tax ID 0478214090000
Special Listing Condition Standard
Lease Land No

Listed by Dimitre Petrov CRI 949-996-7096
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