Victorville, CA 92395 15521 4th Street
$950,000
28 more
Presented By: Aileen Noche Matias with CHAMPIONS REAL ESTATE; 626-536-0306
Beds • 8
Baths • 5
SQFT • 4,230
Year Built • 1954
Home Details
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.)
Presented By: Aileen Noche Matias with CHAMPIONS REAL ESTATE; 626-536-0306
Interior Features for 15521 4th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall, NoOneAbove, NoOneBelow
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Total Stories1
Other Rooms
Entry Level1
General for 15521 4th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate7.0
Carport Y/NNo
CityVictorville
Community FeaturesSuburban, Sidewalks
CountySan Bernardino
Directions15N, Use the right lane to take exit 153A for CA-18/D Street, Go Straight, Make Right on 2nd, Left on B, Right on 4th St. Property will be on the left side
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income88980.0
HOANo
Home Warranty Y/NNo
Insurance Expense1440.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet14200.0
Lot Size UnitsSquareFeet
MLS AreaVIC - Victorville
MobileHomeRemainsYNNo
Net Operating Income6724.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased6
Operating Expense691.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Taxes$1,136
Total Actual Rent7415.0
Trash Expense0.0
Water Sewer Expense4800.0
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor
Exterior for 15521 4th Street
Building Area Total4230.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.326
Lot Size Area14200.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking14.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
