15405 Hesperia Road

Victorville, CA 92395

$785,000
Price
6
Beds
6
Baths
3,068 Sq. Ft.
$256 / Sq. Ft.
3,068
Sq. Ft.
$256
per Sq. Ft.

Description

15405 Hesperia Rd is a six-unit multifamily investment property in the city of Victorville, California. The Victorville Bungalows are located just minutes from Interstate 15 and the Southern California Logistics Airport. Constructed in 1926, the 3,068 square-footbuilding sits on a 8,770 square-foot lot and offers an excellent unit mix, featuring one studio/one-bathroom unit, four one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit, with outdoor parking available for all units. Each...15405 Hesperia Rd is a six-unit multifamily investment property in the city of Victorville, California. The Victorville Bungalows are located just minutes from Interstate 15 and the Southern California Logistics Airport. Constructed in 1926, the 3,068 square-footbuilding sits on a 8,770 square-foot lot and offers an excellent unit mix, featuring one studio/one-bathroom unit, four one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit, with outdoor parking available for all units. Each unit is separately metered for gas and electricity, providing tenants with independence in utility usage. Located near the upcoming California High-Speed Rail and in an area with significant industrial expansion, the Victorville Bungalows offeran excellent hedge against inflation, making this a promising investment opportunity for the astute investor. Please note: one unit currently vacant and underwritten at market rate. Contact listing agents for more information.
  1. Listed by Manny Nunez • DRE #01990970 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.
  2. Listed by Cray Carlson • DRE #01101138 • CB RICHARD ELLIS

Property Details for 15405 Hesperia Road

Style
Bungalow
Parcel Number
0478113340000
Total Units
6.0
Living Area
3068
Source Living Area
Vendor Enhanced
Area
Victor Valley (VTVL)
Vacancy Rate
1
Lot Size Area
8770
LISTING UPDATED: 11/18/2024 01:05 PM

Property Details for 15405 Hesperia Road

StatusActive
MLS #24-459873
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.20 AC / 8,770 SF
CountySan Bernardino County

Building Information for 15405 Hesperia Road

Stories1Residences-Year Built1926Building Size-Lot Size0.20 AC / 8,770 SF

Property Information for 15405 Hesperia Road

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Multifamily
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $69,540
  • Net Operating Income: $47,862.00
  • Gross Income: $73,200
  • Gross Rent Multiplier: $10.00
  • Total Annual Expense: 21679
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2013
  • Lot Size Square Feet: 8770
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 6
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-04-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,050.00
  • Unit Actual Rent: $4,200.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,350.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $334,523.00
  • Assessed Improvement Percent: 89.36
  • Assessed Land Value: $39,824.00
  • Assessed Land Percent: 10.64
  • Assessed Total Value: $374,347.00

Property History for 15405 Hesperia Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15405 Hesperia Road

Taxable ValueLand$40,620Additions$341,213Total$381,833
Tax Record2024$4,528 ($377 / month)
Home Facts
Total Finished SqFt547 SqFtAbove Grade Finished SqFt547 SqFtStories1Lot Size8,770 SqFtStyleMulti-Family Dwelling (2-4)Year Built1926CountySAN BERNARDINOAPN0478-113-34-0000

Schools near 15405 Hesperia Road

This home is within Victor Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 6
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Green Tree East Elementary School
PublicK to 6

Del Rey Elementary School
PublicK to 6

Lakeview Leadership Academy
Public7 to 12

Victor Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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15405 Hesperia Road is a multi-family home for sale in Victorville, CA 92395. This property was listed for sale on November 4, 2024 by CB Richard Ellis, Inc., it's currently listed at $785,000. It has been on the market for a total of 18 days and was last sold on September 22, 2015. This listing's school districts are Victor Valley Union High School District, Victor Elementary School District. Nearby schools include Green Tree East Elementary School, Del Rey Elementary School and Lakeview Leadership Academy. 15405 Hesperia Road is a 6-bed, 6-bath, 3,068 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Manny Nunez, DRE #01990970; CB RICHARD ELLIS, Cray Carlson, DRE #01101138

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.