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Listed by ALBERT LE, DRE #01468313 • LE INVESTMENT GROUP
$1,250,000
Est. payment /mo
Price Dropped by $100K
15705 Tern RD Victorville, CA 92394
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV26041261
Year Built 2006
Property Sub-Type Triplex
Source California Regional MLS
Property Description
HUGE $100,000 PRICE REDUCTION. Motivated Seller! 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 6.39% ProForma CAP rate and 11.57 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 30, 38
Exterior
Parking Features Garage, Other
Garage Spaces 2.0
Pool None
Others
Tax ID 3106211210000
Special Listing Condition Not Applicable
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