15705 Tern Road, Victorville, California 92394, Victorville, 92394 - bed, bath
15705 Tern Road
Victorville, California 92394
Property Price
SUMMARY
Analysis of 15705 Tern Road, Victorville, California 92394 is currently available with a list price of $1,425,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Victorville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, the property is within the 20-year threshold for a 'good' rating. The interiors appear well-maintained and move-in ready with granite countertops, tile flooring, and functional appliances. The listing describes the asset as a turnkey investment with a clean, financeable profile and no immediate major repairs needed.
PROSSTRENGTHS & OPPORTUNITIES
- Subdivision Potential
The property is situated on a single APN that is eligible for division into three separate parcels, providing a unique value-add opportunity for future resale flexibility or individual financing.
- Modern Turnkey Condition
Built in 2006, these well-maintained 4-bedroom, 3-bathroom homes offer a modern, financeable profile with long-term tenants, significantly reducing the need for immediate capital expenditures.
- Strong Investment Fundamentals
The portfolio boasts a solid 5.26% ProForma CAP rate and a 13.19 GRM, supported by spacious layouts that are highly attractive to the family rental market in a quiet residential neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5967, other record living area = 1989.
- Management Complexity
Managing three detached single-family residences on a single lot can be more operationally intensive regarding utility oversight and grounds maintenance compared to a traditional multi-family building.
- Geographic Market Volatility
Located in Victorville, the asset is subject to the economic fluctuations of the High Desert market, which can experience higher volatility in property values compared to core coastal California regions.
About 15705 Tern Road
A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 5.26% ProForma CAP rate and 13.19 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 2006
- Lot Size
- 21,780 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2006 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,425,000
Initial Listing
Sold
May 3, 2005
$55,500
Public Record