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Listed by ALBERT LE • LE INVESTMENT GROUP
$1,350,000
Est. payment /mo
5,967 SqFt
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
Square Footage 5,967 sqft
Price per Sqft $226
MLS Listing ID IV-26041261
Year Built 2006
Lot Size 0.500 Acres
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry Gas & Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Garage, Driveway
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description 0-1 Unit/Acre
NEARBY SCHOOL & BUSINESS
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