15521 4th Street

Victorville, CA 92395

$950,000
Price
6
Beds
7
Baths
4,230 Sq. Ft.
$225 / Sq. Ft.
4,230
Sq. Ft.
$225
per Sq. Ft.

Description

Excellent Cap Rate of 8%, this 6-unit investment opportunity in Victorville is conveniently located and a great living space for tenants and the option for the owner to live in one of the units. Better than your money sitting in the bank, this complex offers diversity with one single 3-bedroom 2-bath, a triplex featuring 3 1-bedroom 1-bathroom, and a duplex consisting of 1-bedroom 1-bath. With great returns, this complex is well maintained with newer roof, updated electrical and plumbing, low maintenance...Excellent Cap Rate of 8%, this 6-unit investment opportunity in Victorville is conveniently located and a great living space for tenants and the option for the owner to live in one of the units. Better than your money sitting in the bank, this complex offers diversity with one single 3-bedroom 2-bath, a triplex featuring 3 1-bedroom 1-bathroom, and a duplex consisting of 1-bedroom 1-bath. With great returns, this complex is well maintained with newer roof, updated electrical and plumbing, low maintenance landscape, and 2 parking spots for each unit. Each unit has separate electric meter, making it easier and keeping expenses lower for the next owner. All of the tenants are in good standing and all of the units have been carefully maintained with most units being rehabbed for maximum profits. (Interior pictures shown are prior to tenants moving in.)
  1. Listed by Aileen Noche Matias • DRE #01786129 • Brokerage DRE #02113020 • CHAMPIONS REAL ESTATE • 626-536-0306

Property Details for 15521 4th Street

Parking Spaces Total
14
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4230
Assessor Parcel Number
0478-231-13-0000
Property Attached YN
true
LISTING UPDATED: 02/27/2025 01:18 AM

Property Details for 15521 4th Street

StatusActive
MLS #CV25024741
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1954
Lot Size0.33 AC / 14,200 SF
CountySan Bernardino County

Building Information for 15521 4th Street

Stories1Residences-Year Built1954Building Size-Lot Size0.33 AC / 14,200 SF

Property Information for 15521 4th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $88,980
  • Gross Scheduled Income: $7,415
  • Net Operating Income: $6,724
  • Cap Rate: 8.27
Expense Details
  • Operating Expense: $691
  • New Taxes Expense: $1,136
  • Fuel Expense: $0
  • Pest Control Expense: $960
  • Electric Expense: $0
  • Insurance Expense: $1,440
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $4,800
  • Total Expenses: $8,296
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 0
  • Tax Census Tract: 98.00
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,260
  • Unit Type Total Rent: $2,520
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,295
  • Unit Type Total Rent: $1,295
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 15521 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 15521 4th Street

Taxable ValueLand$22,601Additions$63,290Total$85,891
Tax Record2024$1,137 ($95 / month)
Home Facts
Lot Size14,200 SqFtStyleMulti-Family Res (5+ Units)CountySAN BERNARDINOAPN0478-231-13-0000

Schools near 15521 4th Street

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.

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15521 4th Street is a mixed use property for sale in Victorville, CA 92395. This property was listed for sale on February 3, 2025 by CHAMPIONS REAL ESTATE, it's currently listed at $950,000. 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. 15521 4th Street is a 6-bed, 7-bath, 4,230 sqft mixed use property built in 1954.

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 CHAMPIONS REAL ESTATE, Aileen Noche Matias, DRE #01786129

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.