Excellent eight-unit multifamily investment opportunity located at 16395 Village Drive in Victorville, CA. Offered at $1,300,000 ($162,500 per unit), the property features an attractive 7.07% current CAP rate with upside to a 7.39% pro forma CAP rate. Built in 1985, the property consists of two residential buildings totaling approximately 5,460 rentable square feet on a 0.47-acre lot. The desirable unit mix consists entirely of eight 2-bedroom/1-bathroom units, each averaging approximately 675 square feet. The property generates $144,000 in annual scheduled rental income, with potential to increase to $148,800 at projected market rents. Additional features include onsite parking, covered carports, air conditioning, and stucco construction. Conveniently located near Interstate 15, Southern California Logistics Airport, shopping, dining, and major employment centers throughout the Victor Valley. An attractive opportunity to acquire an established income-producing multifamily asset with strong in-place cash flow, rental upside, and long-term investment potential.
16402 Llanada Avenue: Sold $410,000 · 3 bd · 2 ba · 1,633 sqft · Sep 2026 · 0.3 mi KAM Financial & Realty, Inc. | DRE #01312083 Buyer's agent: Melvin Jackson, KAM Financial & Realty, Inc. | DRE #01312083
16671 Hagador Avenue: Sold $425,000 · 4 bd · 3 ba · 1,916 sqft · Oct 2026 · 0.4 mi First Team Real Estate-HighDes | DRE #01413214 Buyer's agent: Erin Valle, CENTURY 21 LOIS LAUER REALTY | DRE #02242427
15993 CARMELIA Drive: Sold $425,000 · 4 bd · 2 ba · 1,650 sqft · Oct 2026 · 0.5 mi CENTURY 21 MASTERS | DRE #01318096 Buyer's agent: Tiah Lewis, Real Broker | DRE #02117317
16620 Desert Lily: Sold $433,000 · 4 bd · 3 ba · 2,020 sqft · Sep 2026 · 0.8 mi REALTY ONE GROUP EMPIRE | DRE #02107804 Buyer's agent: Victor Gutierrez, Century 21 LOTUS | DRE #02210571
15906 Heatherdale: Sold $390,900 · 3 bd · 2 ba · 1,544 sqft · Oct 2026 · 0.8 mi KELLER WILLIAMS RIVERSIDE CENT | DRE #01395452 Buyer's agent: JESUS ORTIZ, NATIONWIDE INVESTORS GROUP | DRE #01268042
14482 Sweetgrass Place: Sold $507,000 · 5 bd · 3 ba · 2,901 sqft · Sep 2026 · 0.9 mi First Team Real Estate | DRE #02443120 Buyer's agent: Maricela Smith, Sell My Home Real Estate | DRE #01290331
15711 Garnet: Sold $370,000 · 4 bd · 2 ba · 1,526 sqft · Oct 2026 · 0.9 mi RE/MAX TIME REALTY | DRE #02034985 Buyer's agent: General NONMEMBER, NONMEMBER MRML
15941 Silver Tip: Sold $415,700 · 4 bd · 2 ba · 1,858 sqft · Oct 2026 · 0.9 mi Excellence RE Real Estate, Inc. | DRE #01990435 Buyer's agent: Vicky De La Herran, Excellence RE Real Estate, Inc. | DRE #01990435
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/13/2026 6:53 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: LE INVESTMENT GROUP
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.