Property Details
About this Property
The robust returns of this 6 unit apartment in Victorville are an eye opener. Due to the Seller's plans to trade to an already existing up-leg, this offering is purposefully priced at a fire quick/sale price!!! The location is fantastic. It's located just off the 15 Freeway and D St, just minutes west of the "Beverly Hills" of the Upper Desert, Desert Knolls. It's an easy tenant commute to local employment, and just 25 minutes down a six lane freeway to San Bernardino. Further, our complex is walking distance to bus stop, grocery, and drug stores. This apartment consists of: Four 2 bedrooms, 1 baths. Two 1 bedrooms, 1 baths. All units are separately metered with gas and electric that tenants sign up and pay for. Most units have their own private fenced yard. There's a laundry room in the complex. WHAT'S STUNNING ABOUT THESE UNITS IS THE PERFORMANCE!!! PERFORMANCE AT ACTUAL RENTS We're putting out $95,400 annual gross income. A 8.65 Gross Rent Multiplier. A 8.95% Cap Rate. And a robust 17.86% Cash on Cash. Your 20% bank down payment gives you $29,475 NET NET NET in your pocket annually!!! PERFORMANCE AT MARKET RENTS We're putting out $114,000 annual gross income. A 7.24 Gross Rent Multiplier. A 11.20% DOUBLE DIGIT Cap Rate. And a UNHEARD OF 29.14% Cash on C
MLS Listing Information
MLS #
CRSW26056808
MLS Source
California Regional MLS
Days on Site
2
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
15563 5th is a Residential Income in Victorville, CA 92395. This – square foot property sits on a 7,100 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $825,000 and was built in 1965. This address can also be written as 15563 5th, Victorville, CA 92395.
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This listing information is up-to-date as of March 16, 2026. For the most current information, please contact Tony Burton
