4
See all 4 photos
$1,350,000
Est. payment /mo
0.5 Acres Lot
Price Dropped by $75K
15705 Tern Road Victorville, CA 92394
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26041261
HOA Y/N No
Year Built 2006
Lot Size 0.500 Acres
Property Sub-Type Triplex
Property Description
RECENT $75,000 PRICE REDUCTION. 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 5.62% ProForma CAP rate and 12.50 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
State CA
County San Bernardino
Area Vic - Victorville
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Other
Water Other
New Construction No
Others
Senior Community No
Tax ID 3106211210000
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by ALBERT LE LE INVESTMENT GROUP 909-256-7889, DRE #01468313