$750,000
We are proud to offer this rare opportunity to acquire a fully rented 3-unit + 1 storage unit multifamily property on an expansive 38,000± sq ft lot in Victorville. Excellent unit mix featuring a spacious 3 bed / 2 bath single-family home,?one studio unit, and two 1 bed / 1 bath units. Strong in-place income with a 6.8% cap rate and immediate cash flow. All units are currently occupied, providing stable and consistent returns. LARGE LOT offers significant upside with potential to add additional units or ADUs (subject to buyer verification with the City). Ideal for investors seeking both income and long-term value-add potential. Ample space allows for future expansion, redevelopment, or increased density. Located in a growing High Desert market with strong rental demand. Close to major roads, shopping, schools, and local amenities. Separate units offer diversified tenant profiles and reduced vacancy risk. Excellent opportunity for seasoned investors or portfolio expansion. Value, income, and development potential all in one property.
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Listed by Edmund Moreno with MGR Real Estate, Inc (760) 955-7888
Property Type
Quadruplex
Status
Active
MLS Number
HD26035487
Year Built
1952
Lot Size
0.87 acres