15705 Tern Rd, Victorville, CA, 92394
Property Details
9
multi family
Description
Multi Family in Victorville, CA - Bedrooms: 0 - Bathrooms: 9 - Area: N/A - Year Built: 2006 - Lot: 21780 sqft
Listing Agent: Albert Le Brokerage: Le Investment Group
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.
Location
Address
15705 Tern Rd, Victorville, CA, 92394
City
Victorville
Features and Finishes
Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup, Full Bathrooms: 9, Additional Parcels: No, Land Lease: No, Lot Description: 0-1 Unit/Acre, Lot Size Acres: 0.5, Lot Size Source: Public Records, Lot Size Square Feet: 21780, Garage Spaces: 2, Parking Features: Driveway, Garage, Parking Total: 2, Association: No, Calculated Total Monthly Association Fees: 0, Gross Income: 101400, Gross Scheduled Income: 101400, Rent Control: Yes, Number of Units: 3, Bedrooms in Unit-1: 4, Bedrooms in Unit-2: 4, Bedrooms in Unit-3: 4, Total Bathrooms in Unit-1: 3, Total Bathrooms in Unit-2: 3, Total Bathrooms in Unit-3: 3, Full Bathrooms in Unit-1: 3, Full Bathrooms in Unit-2: 3, Full Bathrooms in Unit-3: 3, Unit-1 Furnished Description: Unfurnished, Unit-2 Furnished Description: Unfurnished, Unit-3 Furnished Description: Unfurnished, Unit-1 Garage Spaces: 2, Unit-2 Garage Spaces: 2, Unit-3 Garage Spaces: 2, Unit 1 Total Actual Rent: 2900, Unit 2 Total Actual Rent: 2800, Unit 3 Total Actual Re
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