16652 Ramada, Victorville, California 92395, Victorville, 92395 - 0 bed, 0 bath
Loading property details...
Victorville, California 92395
This duplex presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $491,548 Fair Market Value by 3%. This valuation gap offers $16,548 in Instant Equity. Featuring a functional 2-bedroom, 2-bath layout with private courtyards and city light views, the property maintains a Condition Rating of 5, indicating a need for modernization of original systems. This Residential Income Asset is ideal for Buy-and-Hold Investors or Value-Add Developers seeking a high-demand rental property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16652 Ramada Subject | $475,000* List Price | 0 | 0 | 2,192 | $224 | - |
A 16822 Tracy Sold | $498,000 | 0 | 0 | 2,040 | $244 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (42 years old) with no mention of renovations in the listing description. Based on the age-based criteria (>30 years) and the weathered exterior appearance including unkempt landscaping and aged wood fencing, the property likely requires significant rehabilitation of original kitchens, baths, and major systems.
Each unit features a highly functional 2-bedroom, 2-bathroom layout with a private 2-car attached garage, providing a single-family home feel that attracts high-quality, long-term tenants.
The property's central location and rapid transition to 'Active Under Contract' status within just one day on the market demonstrate exceptional liquidity and high investor interest.
The inclusion of private courtyards for each unit and city light views adds significant lifestyle value and curb appeal, allowing for potentially higher rental premiums compared to standard duplexes.
Built in 1984, the property is reaching a cycle where major systems such as roofing, HVAC, or plumbing may require capital improvements if they have not been recently modernized.
With the property already under contract almost immediately after listing, new prospective buyers face a highly competitive environment with virtually no room for price negotiations or contingencies.
Excellent Investment Opportunity! Each unit has 2 bedrooms, 2 baths, 2-car attached garage, court yard. Centrally located.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,192 | 1,830 |
| Lot Size | 9,360 | 13,000 |
| Price | $475.0K | $612.2K |
| Price per sq ft | $217 | $259 |
| Built year | 1984 | 1951 |
| HOA | $0 | $0 |
| Days on market | 7 | 73 |
Jul 15, 2026
$475,000
Initial Listing
Jan 19, 2012
$107,000
Public Record
Jul 3, 2002
$115,000
Public Record