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Listed by Dimitre Petrov • CRI
$ 1,125,000
Est. payment /mo
Active
15564 Hesperia Victorville, CA 92395
4,960 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,960 sqft
Price per Sqft $226
MLS Listing ID CROC25274540
HOA Y/N No
Year Built 1951
Lot Size 0.489 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
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.
Location
State CA
County San Bernardino
Interior
Fireplace No
Building
Water Public
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