15360 Sequoia Street, Hesperia, CA 92345

About this property

A great opportunity to own a quality Income Property. All 10 units are Single Story with 2 Bedrooms, Patios, Central Heating and A/C, Indoor Washer and Dryer hookups, Single car garages with automatic door openers and newer aluminum doors, plus an additional parking space. Immediate increase in rents for the 3 tenants that are eligible results in a 5% cap rate. Large lot that gives the property a park like setting. High tenant demand because of the amenities and ideal location just off of Bear Valley Rd. with easy access to the freeway. Property is on septic tanks so no City sewer expense and tanks were recently certified to be in good working order.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$1,800,000

Sold May 2023 · listed $1,825,000, on market February 2023 · MLS #PW23018878 · Source: CRMLS

Listing Agent: Richard Bell · Listing Office: Bell Realty Group · Contact: 714-309-3549 · Bought with: DARREN CORREA · LE INVESTMENT GROUP

$1,065,000

Sold October 2019 · listed $1,095,000, on market August 2019 · MLS #PW19194671 · Source: CRMLS

Listing Agent: Richard Bell · Listing Office: Bell Realty Group · Contact: 714-309-3549 · Bought with: Richard Bell · Bell Realty Group

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