15564 Hesperia Rd

Victorville, CA 92395
For Sale
$1,025,000
$1,025,000
15564 Hesperia Rd, Victorville, CA 92395
Acres
0.49
Year Built
1951
Price/Unit
$102,500
Cap Rate
7.68%
NOI
$78,716
Total Units
10
Road Type
Gravel/Paved
Parcel Number
0478-214-09
View Offering Memorandum

About the property

CRI Brokerage is pleased to present a prime  well-maintained 10-unit multifamily property located at 15564 Hesperia Rd, Victorville, offering stable cash flow and strong future upside. Built in 1951 and thoughtfully updated, this asset features eight 1-bed/1-bath units and two studio units, providing an attractive unit mix for the high-demand local rental market.

With 9 of the 10 units fully remodeled, investors benefit from modernized interiors and reduced near-term capital expenditures. The property also boasts updated electrical and plumbing systems, supporting long-term operational efficiency and reliability.

Currently operating at a 7.68% cap rate, this property delivers immediate returns with the potential for further rental growth. Positioned along a major corridor with convenient access to local amenities, employment centers, and transit, it stands as an excellent opportunity for both seasoned and new investors seeking a stable asset in the Inland Empire.The property is currently operating at a 7.68% cap rate, with below-market rents, offering meaningful upside potential through rent growth.

Positioned along a high-visibility corridor, the asset benefits from strong tenant demand and consistent occupancy. With modernized interiors and stable in-place income, this investment presents an attractive opportunity for buyers seeking immediate cash flow and long-term value-add potential in the Inland Empire.

Investment Highlights

  • Stable in-place income
  • Major System Upgrades
  • Renovated Unit Mix
  • Prime Location
  • Rent growth potential
  • Efficient utility structure
  • Strong market fundamentals
  • Value-add opportunities
  • Expansion or infill potential
  • High demand asset class
  • Limited local competition
  • Resilient cash flow profile
  • Expense optimization potential
  • Stable tenant base
  • Flexible hold strategy
  • Favorable demographics
  • NOI growth opportunities
  • Defensive market performance
  • Long-term income stability
Acres
0.49
Units
10
Year Built
1951
Price/Unit
$102,500
Cap Rate
7.68%
NOI
$78,716
Investment Type
Multifamily, Residential
Total Units
10
Road Type
Gravel/Paved
Parcel Number
0478-214-09

Offering Memorandum

To review the offering memorandum and supporting materials, please submit your contact information below.

Explore The Area

Thomas Beniamen
Thomas Beniamen
Vice President of Investments
Thomas Beniamen
Vice President of Investments
Thomas Beniamen profile image
Please Select Date
Please Select Type

Request Information