REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,180,000
Est. payment | /mo
2 Beds
1 Bath
1.18 Acres Lot
$ 3,180,000
Est. payment | /mo
2 Beds
1 Bath
1.18 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26126117
Bedrooms 2
Lot Size 1.180 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to exclusively present an 18-unit multifamily investment property located in the City of Victorville, California. Situated on 1.18 acres, the offering presents the opportunity for investors to acquire a value-add asset in one of the most desirable submarkets of the High Desert in the Inland Empire. HIGHLIGHTS: Located in Opportunity Zone | Built 1985 | 100% Two-Bedroom One-Bathroom Units Updated with Double-Pane Windows & Dual-Glass Patio Doors (Select Units) | 80% of the Units Upgraded with Vinyl Plank Flooring & Bathtubs with Modern Finishes. $400,000 CapEx Improvements on Interior/Exterior. Located in a Single-Family Residential Neighborhood | Within Proximity to Brightline West High-Speed Rail Terminal to Provide Rail Service between California & Las Vegas, Nevada. Individually Metered for Gas & Electricity | Private Patios/Balconies for All Units. On-Site Laundry Facility (Machines Owned) | Detached Private Garages & Ample Open Space Parking. The property is located within short commute to national/regional tenants that include Costco, Home Depot, WinCo Foods as well as St Marys Medical Center and within proximity to the future Brightline West High-Speed Rail Terminal provided rail service between California and Las Vegas, Nevada.. The community grants residents' easy access to the entire Victor Valley consisting of Adelanto, Apple Valley, Hesperia, and Victorville that consists of over 173,000 people within a 5-mile radius. Interstate 15 and State Route 18 grant convenient access to surrounding employment hubs throughout the Inland Empire, Los Angeles &
Location
State CA
County San Bernardino
Zoning Assessor
Direction 16518 Avalon Ave., Victorville, CA
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 0478061390000
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Sean Hwangbo, DRE#01945497 TNG REAL ESTATE CONSULTANTS
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "