
Victorville, California 92395
This Multi-Unit Residential Income Property is a strategic acquisition listed at $750,000, reflecting its strong 6.8% Cap Rate and consistent cash flow. While priced above the $693,938 Fair Market Value, the intrinsic value is driven by the massive 38,013 sq ft lot and Zoning Potential for additional units or ADUs. Currently maintaining a Condition Rating of 4, the asset provides immediate stability with four occupied units near Victor Valley High School. This is a prime long-term play for Buy-and-Hold Investors or Portfolio Developers seeking density-driven appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16745 Yucca Subject | $750,000* List Price | 0 | 0 | 1,802 | $385 | - |
A 15504 5th Active | $565,000 List Price | 0 | 0 | 1,808 | $313 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this multi-family property is functional and fully occupied, indicating consistent maintenance, but it lacks modern renovations. The interiors feature dated kitchen cabinetry, older appliances, and basic light fixtures consistent with a 'value-add' investment. While the systems are operational, the overall aesthetic and components show significant age and typical wear, fitting the criteria for a fair condition rating.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1802, other record living area = 1082.
We are proud to offer this rare opportunity to acquire a fully rented 3-unit + 1 storage unit multifamily property on an expansive 38,000± sq ft lot in Victorville. Excellent unit mix featuring a spacious 3 bed / 2 bath single-family home,?one studio unit, and two 1 bed / 1 bath units. Strong in-place income with a 6.8% cap rate and immediate cash flow. All units are currently occupied, providing stable and consistent returns. LARGE LOT offers significant upside with potential to add additional units or ADUs (subject to buyer verification with the City). Ideal for investors seeking both income and long-term value-add potential. Ample space allows for future expansion, redevelopment, or increased density. Located in a growing High Desert market with strong rental demand. Close to major roads, shopping, schools, and local amenities. Separate units offer diversified tenant profiles and reduced vacancy risk. Excellent opportunity for seasoned investors or portfolio expansion. Value, income, and development potential all in one property.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades 7-9 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,802 | 1,733 | 50% |
| Lot Size | 38,013 | 7,625 | 75% |
| Price | $750.0K | $459.0K | 75% |
| Price per sq ft | $416 | $258 | 75% |
| Built year | 1952 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 135 | 25% |
Feb 17, 2026
$750,000
Initial Listing
Sep 7, 2022
$270,000
Public Record
Jun 1, 2010
$77,000
Public Record
May 29, 2001
$57,000
Public Record