Keegan Cin | Realtor® | License # DRE 01971604

Property

Victorville, CA 92394 16221 Vasquez Avenue

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Presented By: Tadeh Minassian with Signature Fine Estates, Inc.;
  • MLS# 25552339
  • 06/16/2025
  • Request Tour
  • Request Info
  • Baths • 22
  • SQFT • 14,080
  • Year Built • 1985

Home Details

Presenting the exclusive opportunity to acquire The Vasquez Court Apartments located at 16221 Vasquez Ave. Built in 1984, The Vasquez Courts is comprised of eleven (11) townhouse-style units, each featuring a 2-bedroom, 2-bathroom layout. The uniform unit mix offers operational simplicity and consistent tenant demand, particularly among families and long-term renters seeking larger floorplans. The property has recently undergone significant capital improvements, including upgraded kitchens and bathrooms, new flooring, modern fixtures, fresh interior and exterior paint, and system enhancements, positioning the asset as a turn-key investment with minimal deferred maintenance. Currently, nine (9) of the eleven (11) units are occupied, generating in-place income with immediate upside through the lease-up of the remaining two (2) vacancies at market rents, and the additional opportunity to refurbish the laundry room for additional income. The property is not subject to local rent control, allowing for full rent optimization and increased NOI. Ideally located near I-15 and within close proximity to major retail, schools, and regional employers, The Vasquez Courts benefits from strong tenant demand and a favorable long-term outlook in the rapidly growing High Desert submarket. This offering represents a compelling opportunity for investors seeking a well-located, cash-flowing asset with value-add potential in one of Southern California's most dynamic secondary markets
Presented By: Tadeh Minassian with Signature Fine Estates, Inc.;

Interior Features for 16221 Vasquez Avenue

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths0
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 16221 Vasquez Avenue

Additional Parcels Y/NNo
AppliancesDishwasher
Attached Garage No
Carport Y/NNo
CityVictorville
CoolingCentralAir
CountySan Bernardino
DirectionsSouth of Rancho Rd, North of Mojave Dr
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income163309.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet35200.0
Lot Size UnitsSquareFeet
MLS AreaVIC - Victorville
MobileHomeRemainsYNNo
Net Operating Income112222.0
New ConstructionNo
Number Of Units Total11
Other StructuresSheds
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1985

Exterior for 16221 Vasquez Avenue

Building Area Total14080.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.8081
Lot Size Area35200.0
Number of Buildings3
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking11.0
Waterfront Y/NNo

Additional Details

Price History

Justin Hughey

Price $2,246,000
MLS#25552339
List Date 06/16/2025
Property Type Multi-Family
Request Tour
Request Info

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