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ResidentialIncome — 15705 Tern Road, Victorville, CA

$1,250,000

15705 Tern Road, Victorville, CA

$1,250,000 — 15705 Tern Road, Victorville, CA — photo 1 $1,250,000 — 15705 Tern Road, Victorville, CA — photo 2 $1,250,000 — 15705 Tern Road, Victorville, CA — photo 3 $1,250,000 — 15705 Tern Road, Victorville, CA — photo 4
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About this property

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.

Property details

Year built
2006
Property type
ResidentialIncome

Location

15705 Tern Road • Victorville, CA 92394

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Listed by

ALBERT LE · LE INVESTMENT GROUP

Listing courtesy of LE INVESTMENT GROUP. Information deemed reliable but not guaranteed.

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