15521-15531 4th St - Apartments FOR SALE


Victorville, CA 92395
$975,000 USD
626-993-5415
15521-15531 4th St, Victorville, CA for Sale
$975,000 USD
Apartments - FOR SALE
1/45
null | 8% Cap Rate

15521-15531 4th St
Victorville, CA 92395


OVERVIEW

Excellent Cap Rate of 7%, this 6-unit investment opportunity in Victorville is conveniently located and a great living space for tenants and the option for the owner to live in one of the units. Better than your money sitting in the bank, this complex offers diversity with one single 3-bedroom 2-bath, a triplex featuring 3 1-bedroom 1-bathroom, and a duplex consisting of 1-bedroom 1-bath. With great returns, this complex is well maintained with a newer roof, updated electrical and plumbing, low maintenance landscape, and 2 parking spots for each unit. Each unit has a separate electric meter, making it easier and keeping expenses lower for the next owner. All of the tenants are in good standing and all of the units have been carefully maintained with most units being rehabbed for maximum profits. (Interior pictures shown are prior to tenants moving in.)

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

6

PRICE/UNIT

$162,500

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,201 SF

ZONING

-

APN/PARCEL ID

0478-231-13

ASK ABOUT THIS PROPERTY

Joseph LeeElifant GroupMore Info
626-993-5415

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Joseph LeeElifant GroupMore Info
626-993-5415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.