14681 7th Street, Victorville, CA 92395
Commercial property
Sold July 2023
Listing Agent: Paul Tan (DRE #01751292) · Listing Office: MGR Real Estate, Inc · Contact: 7609123534 · Bought with: Paul Tan · MGR Real Estate, Inc · MLS #HD23031572 · Source: CRMLS
How this sale compares
14681 7th Street sold for $950,000 in July 2023, 9.5% under its $1,050,000 list price, after 11 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
For sale mixed use commercial and residential property. Zoned Commercial C2. Portfolio consist of 1 Strip Retail Building (3,261 sf) with 4 tenants fronting 7th Street. And 4 SFR homes in the back (Two SFR: 2 bed 1 bath and Two SFR: 1 bed 1 bath). Fully occupied. Two retail units were remodeled. All 4 SFR windows were upgraded. Two SFR electrical panels were upgraded. Great location. Upside potential. Cap rate 5.5%. Asking price $1,050,000.00
Listing description from the July 2023 sale, as reported to CRMLS.
Sale history