15705 Tern Road, Victorville, CA 92394
- $1,250,000
- List Price
- $1,250,000
- Price Change
- ▼ $100,000 1782994994
- Status
- ACTIVE
- MLS#
- IV26041261
- Year Built
- 2006
- Lot Size
- 21,780
- Acres
- 0.50
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 153
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
HUGE $100,000 PRICE REDUCTION. Motivated Seller! A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 6.39% ProForma CAP rate and 11.57 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Other
- Water
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $101,400
- Operating Expense
- 23823
Listing courtesy of Listing Agent: ALBERT LE (albert.le@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.
Mortgage Calculator
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