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15705 Tern Rd
Victorville, CA 92394

$1,350,000 USD

Specialty For Sale  •  5,967 SF

Property Details

• Property Type Specialty
• Total Building Size 5,967 SF
• Lot Size 0.5 AC
• Building Class C
• Year Built 2006
• Cap Rate 5.62 %
• Zoning R1

30 Transit Score

40 Walk Score

Highlights

Strong yield with a current CAP Rate of 5.18% with a Pro Forma CAP Rate of 5.62% achievable through market rent adjustments.

Current GRM of 13.31 with a Pro Forma GRM of 12.50.

Triplex situated on a 0.5 acre lot with approximately 5,967 rentable SF.

Attractive Unit Mix: (3) 4B3B Units

Property Flyers

Triplex OM

Financial Summary (Proforma)

Net Operating Income: $76,243 USD (2026)

Cap Rate:	5.62 %
Total Expenses:	$26,357 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Victorville Amtrak (Southwest Chief - Amtrak)	4 min	-	2.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes