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15705 Tern Rd
Victorville, CA 92394

$1,425,000 USD

Multifamily For Sale  •  21,798 SF

Property Details

• Property Type Multifamily
• Total Building Size 5,967 SF
• Year Built 2006
• Cap Rate 5.26 %
• Zoning Residential

28 Transit Score

46 Walk Score

Highlights

Strong yield with a current CAP Rate of 4.85% with a Pro Forma CAP Rate of 5.26% achievable through market rent adjustments.

Current GRM of 14.05 with a Pro Forma GRM of 13.19.

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

Attractive Unit Mix: (3) 4B3B Units

Financial Summary (Proforma)

Net Operating Income: $75,016 USD (2026)

Cap Rate:	5.26 %
Total Expenses:	$27,584 USD

Amenities

• Air Conditioning
• Fireplace
• Washer/Dryer Hookup
• Heating
• Kitchen
• Tub/Shower
• Yard
• Attic
• Dining Room
• Family Room
• Private Bathroom

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:	TwoCarGarage
Included in Rent:	Yes