15
See all 15 photos
$3,180,000
Est. payment /mo
2 Beds
1.18 Acres Lot
Price Dropped by $120K
16518 Avalon Avenue Victorville, CA 92395
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25087291
Bedrooms 2
Lot Size 1.180 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to exclusively present an 18-unit multifamily investment property located in the City of Victorville, California. Situated on 1.18 acres, the offering presents the opportunity for investors to acquire a value-add asset in one of the most desirable submarkets of the High Desert in the Inland Empire. The property is located within short commute to national/regional tenants that include Costco, Home Depot, WinCo Foods as well as St Marys Medical Center and within proximity to the future Brightline West High-Speed Rail Terminal provided rail service between California and Las Vegas, Nevada.. The community grants residents' easy access to the entire Victor Valley consisting of Adelanto, Apple Valley, Hesperia, and Victorville that consists of over 173,000 people within a 5-mile radius. Interstate 15 and State Route 18 grant convenient access to surrounding employment hubs throughout the Inland Empire, Los Angeles & Orange County regions. The subject property consist entirely of two bedroom units with 853 square feet of living space. Units are individually metered for gas & electricity with amenities that include(s): dual-pane windows, dual-glass patio doors, vinyl plank flooring & bathtubs (most units), copper plumbing, detached enclosed garages, open space parking, laundry facility, swimming pool (not in use), and balconies/patios. The strong demand for rentals in the area is evidenced by its historical occupancy as it caters to families & working professionals alike. With significant value-add potential coupled with growing demand for this submarket, the offerin
Location
State CA
County San Bernardino
Zoning Public Rec
Direction 16518 Avalon Ave, Victorville, CA
Interior
Fireplace No
Exterior
Pool Private
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0478061390000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Sean Hwangbo RE/MAX TIME REALTY
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