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15521-15531 4th St
Victorville, CA 92395

$925,000 USD

Apartments For Sale • 5,200 SF

Property Details

Property Type Apartments
Total Building Size 5,200 SF
Lot Size 0.33 AC
Building Class C
Year Built 1950

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                LOCATED IN ONE OF THE NICEST AREAS OF THE UPPER DESERT
                            
                                THE BEST PERFORMING MULTIFAMILY IN SOUTHERN CALIFORNIA!
                            
                                AT ACTUAL RENTS, PERFORMING AT $92,460 ANNUAL GROSS INCOME, A 7.82% CAP, AND A DOUBLE DIGIT 10.30% CASH ON CASH, AKA ANNUAL POSITIVE CASH OF $19,058!!
                            
                                AT MARKET RENTS, PERFORMNG AT $112,800 ANNUAL GROSS INCOME, A 10.00 CAP RATE, AND A ROBUST 21.20% CASH ON CASH, AKA ANNUAL POSITIVE CASH OF $39,218!!

Property Flyers

MARKETING PACKAGE

Public Transportation

Commuter Rail	Drive	Walk	Distance
	1 min	8 min	0.4 mi
Airport	Drive	Walk	Distance
Ontario International	57 min	-	47.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Tony Burton 951-375-7433 Burton Apartment Realtors

15521-15531 4th St Victorville, CA 92395