Nalren
Open in App

Residential Income - 17450 Sequoia, Hesperia, CA

$2,200,000

17450 Sequoia, Hesperia, CA

MLS# IG26223512

17450 Sequoia, Hesperia, CA 92345 - $2,200,000 · Multi-Family Home for Sale, photo 1 17450 Sequoia, Hesperia, CA 92345 - $2,200,000 · Multi-Family Home for Sale, photo 2 17450 Sequoia, Hesperia, CA 92345 - $2,200,000 · Multi-Family Home for Sale, photo 3 17450 Sequoia, Hesperia, CA 92345 - $2,200,000 · Multi-Family Home for Sale, photo 4 17450 Sequoia, Hesperia, CA 92345 - $2,200,000 · Multi-Family Home for Sale, photo 5
View in Nalren App Get the App

Description

Extremely well-maintained 14-unit apartment community in a sought-after Hesperia neighborhood, featuring a uniform mix of 2 bed, 1 bath units. Recent improvements include new exterior paint and new landscaping, and the asphalt and roofing are well maintained. Amenities include a pool, covered parking for every unit, low-maintenance desert landscaping, and an on-site laundry room. The property offers a clear value-add opportunity. Comparable nearby leases support market rents of approximately $1,600 for 2 bed, 1 bath units. Current average rent at $1,140 per unit. Total current gross revenue of approximately $191,520 with a pro forma annual gross rent of $268,800. Offered at a ~7.3% cap rate and a pro forma cap rate of ~10.8%. Bonus revenue potential: The common-area laundry room is ready for new coin-operated machines, which local operators can install and service on a revenue-share basis. One tenant currently receives a rent discount for on-site management, giving a new owner flexibility in how the property is run. The property is close to major employers, including Victor Valley College, Desert Valley Hospital, and Southern California Edison’s regional offices. It is within one mile of seven shopping centers anchored by Vons, ALDI, WinCo Foods, Grocery Outlet, Stater Bros., Target, Home Depot, Lowe’s, and Cinemark. Nearby schools include Mountain View Montessori, Endeavor School of Exploration, Excelsior Charter Schools, and Mojave Vista School of Cultural Arts. Hesperia is one of the fastest-growing cities in California, with population growth of more than 10% over the past decade and 3.5%+ since 2020, and an average household income of approximately $72,000.

Property details

Year built
1985
Property type
Residential Income
Lot size
43,560 sqft

Location

17450 Sequoia • Hesperia, CA 92345

More homes for sale and rent in Hesperia, CA →

Listing Agent

David Friedman

DRE #: 01909018

Brokerage: REALICORE

Similar Listings

Recent sales near 17450 Sequoia

Closed sales reported in 92345, nearest first, last 12 months. All recent sales in Hesperia →

CRMLS

MLS# IG26223512

Listed: 10/15/2026 2:19 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/15/2026 9:44 AM. 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: REALICORE

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.

View this listing and thousands more on Nalren, the modern way to discover and connect on real estate.

Are you a local professional? Get found and booked on Nalren.

Nalren Corp. · CA DRE #02423715