Great duplex with both units detached. Front unit is a 2 bedroom / 1 bathroom with 760 sqft. The back unit is a 1 bedroom / 1 bathroom with 520 sqft. This duplex sits in a cul-de-sac and has lots of parking. Each unit has its own yard. This property is perfect for 1st time buyer or an investor.
This Offering is 6 units in Victorville. Victorville is one of three major cities in the Upper Desert. We are located 25 miles north of San Bernardino. The Upper Desert comprises of 500,000+/- people & has all major retail/office businesses. The major cities are Victorville, Apple Valley, & Hesperia. The Upper Desert multifamily market is very strong, with low crime, attractive neighborhoods, and has low vacancy rates! This Offering is located on the east side of Victorville, The east side of Victorville is the most desirable area of Victorville, located adjacent to the most prestigious area of the Upper Desert, the Desert Knolls area of Apple Valley. This Offering consists of one 3 bedrooms 2 baths, and five 1 bedrooms 1 baths. All units have separately metered gas and electric that tenants sign up and pay for. There are not other common area expenses, and landlord pays water and trash. All expenses are detailed in the SUPPLEMENTS attached. This complex has the following fine amenities. *Newer roofs. *Updated plumbing/electric *Newer tile floors. *Updated appliances. *Updated cabinetry. *All units have been rehabbed. *Laundry room. *Laundry hook ups. *Private tenant yards. * 15 parking stalls *Ceiling fans throughout. *Beautiful low maintenance/cost landscaping. The complex is heated by wall furnace, and cooled by window AC's and swamp coolers. Therefore no need for landlord worrying about high cost replacement of AC's, and no need to worry about tenant affording cooling in the summer time. Running a swamp cooler is like running a light bulb!! All tenants are in good standing and always pay rent on time! THIS COMPLEX REALLY PERFORMS! PLEASE SEE THE FOLLOWING GREAT RETURNS AT ACTUAL AND MARKET RENTS: At actual rents, WE'RE PERFORMING AT A POSITIVE CASH FLOW! We're putting out an annual gross income of $92,480, a 10.16 Gross Rent Multiplier, a 7.93% Cap Rate, and a double digit 12.79% Cash on Cash return, or aka, A POSITIVE CASH FLOW OF $24,020 ANNUALLY!!! At market rents, WE'RE POSITIVE CASH FLOW ON STERIODS! We're putting out an annual gross income of $112,800, a 8.32 Gross Rent Multiplier, a 10.08% Cap Rate, and AN EYEOPENING ROBUST 23.53% Cash on Cash return, or aka, A POSITIVE CASH FLOW OF $44,180 ANNUALLY!!! All financials, rent roll, rent comps, and income/ expenses, are located in SUPPLEMENTS attached. This multifamily has one of the highest returns in So Cal! SELLER IS MOTIVATED & READY TO DEAL!
"Back On The Market." Have an appraisal at $650K. Great Investment Opportunity! Welcome to 16340 Villa Drive, a fully renovated four-unit investment property located in the heart of Victorville. This rare opportunity offers four 1-bedroom, 1-bath units, each thoughtfully updated with modern finishes and ready to generate strong rental income. Property Highlights- Lot Size: Approximately 12,000 sq. ft.- Units: 4 (each 1 bed / 1 bath)- Renovations: New vinyl plank flooring throughout, modern finishes, and fresh updates across all units- Appliances: All appliances included in every unit- Parking & Storage: Each unit includes its own garage for added tenant convenience. Current Rents: Each unit rents for $1,150/month- Occupancy: 1 unit currently rented at $1,150, 3 units vacant and ready to leaseI. Investment Potential- Gross Scheduled Income (GSI): $55,200 annually (at full occupancy)- Immediate Upside: Lease the three vacant units at market rent to maximize returns- Turnkey Renovations: All major updates completed, minimizing upfront costs. Location -Conveniently located near shopping centers, schools, parks, and commuter routes. This property offers easy access for tenants and long-term growth for investors in the rapidly developing Victorville rental market. Please call me for a private showing.
Great for investors or owner-occupants! Location Location Location!! Fourplex in the growing city of Victorville, located just minutes off the Mojave Rd exit. Each of the four units features 2 bedrooms and 1 bathroom, offering comfortable layouts that are easy to rent and manage. This property is just minutes from the future Brightline West High-Speed Rail Station, connecting Victor Valley to Las Vegas in under 2 hours. Also minutes from Costco, restaurants and other amenities. One unit ready for the new owner to occupy and rent the others.
Presenting the exclusive opportunity to acquire The Vasquez Court Apartments located at 16221 Vasquez Ave. Built in 1984, The Vasquez Courts is comprised of eleven (11) townhouse-style units, each featuring a 2-bedroom, 2.5-bathroom layout. The uniform unit mix offers operational simplicity and consistent tenant demand, particularly among families and long-term renters seeking larger floorplans. The property has recently undergone significant capital improvements, including upgraded kitchens and bathrooms, new flooring, modern fixtures, fresh interior and exterior paint, and system enhancements, positioning the asset as a turn-key investment with minimal deferred maintenance. Currently, nine (9) of the eleven (11) units are occupied, generating in-place income with immediate upside through the lease-up of the remaining two (2) vacancies at market rents, and the additional opportunity to refurbish the laundry room for additional income. The property is not subject to local rent control, allowing for full rent optimization and increased NOI. Ideally located near I-15 and within close proximity to major retail, schools, and regional employers, The Vasquez Courts benefits from strong tenant demand and a favorable long-term outlook in the rapidly growing High Desert submarket. This offering represents a compelling opportunity for investors seeking a well-located, cash-flowing asset with value-add potential in one of Southern California's most dynamic secondary markets
Opportunity knocks for you. Building 16585 has 4 units and is 3,724 sq ft. Building 16597 has 4 units and is 3,952 sq ft. The total is 8 units. There are two parcels totaling approximately 32,800 square feet of land. Parking on site; each unit has one covered parking available. You can acquire this property to grow your real estate investment portfolio.
Exceptional investment opportunity in Victorville! This unique property features three single-family homes on one lot, each with its own mailing address and all currently tenant-occupied offering immediate cash flow. The two 2-bedroom homes feature newer windows, updated bathrooms, flooring, and A/C units or swamp cooler. The spacious 3-bedroom home includes an attached garage with washer/dryer hookups, a newer garage door, updated kitchen, bathroom, flooring, and central A/C. Conveniently located near schools and just minutes from freeway access. This turnkey investment is a must-see and checks all the boxes for smart investors!
Newly paint and flooring on unit A. close to free way and shopping. Unit A possible can be 3 bed room. each unit has private fend yard. unit B has attached garage. Tenants paid water and trash. A legal non Conforming zoned duplex. This area has been re-zoned C1 neighborhood service. Hight visibility of Bear Valley rd. Property can still be legally used as rental income or modified to a C1 use. Please verify with City for any modifications of usage and for more units.
We are pleased to exclusively present an 18-unit multifamily investment property located in the City of Victorville, California. Situated on 1.18 acres, the offering presents the opportunity for investors to acquire a value-add asset in one of the most desirable submarkets of the High Desert in the Inland Empire. The property is located within short commute to national/regional tenants that include Costco, Home Depot, WinCo Foods as well as St Mary’s Medical Center and within proximity to the future Brightline West High-Speed Rail Terminal provided rail service between California and Las Vegas, Nevada.. The community grants residents' easy access to the entire Victor Valley consisting of Adelanto, Apple Valley, Hesperia, and Victorville that consists of over 173,000 people within a 5-mile radius. Interstate 15 and State Route 18 grant convenient access to surrounding employment hubs throughout the Inland Empire, Los Angeles & Orange County regions. The subject property consist entirely of two bedroom units with 853 square feet of living space. Units are individually metered for gas & electricity with amenities that include(s): dual-pane windows, dual-glass patio doors, vinyl plank flooring & bathtubs (most units), copper plumbing, detached enclosed garages, open space parking, laundry facility, swimming pool (not in use), and balconies/patios. The strong demand for rentals in the area is evidenced by its historical occupancy as it caters to families & working professionals alike. With significant value-add potential coupled with growing demand for this submarket, the offering presents investors the opportunity to acquire an appreciating, cash flowing asset with additional upside through continued renovation & proactive management to capture upside in rents achievable at the property.
Victorville is located in California. Victorville, California has a population of 132,924. Victorville is more family-centric than the surrounding county with 36.24% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Victorville, California is $61,206. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Victorville is 32.1 years.
The average high temperature in July is 98.2 degrees, with an average low temperature in January of 33 degrees. The average rainfall is approximately 13.9 inches per year, with 0.4 inches of snow per year.
