Homes for sale - 16221 Vasquez Ave, Victorville, CA 92394

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Tyler Coon

tyler@savvy.realty +1(828) 620-2541

$2,246,000

Est. payment - /mo

14,080 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,080 sqft

Price per Sqft $159

MLS Listing ID 25552339

Year Built 1985

Lot Size 0.808 Acres

Acres 0.8081

Property Sub-Type Multi-Family

Property Description

Presenting the exclusive opportunity to acquire The Vasquez Court Apartments located at 16221 Vasquez Ave. Built in 1984, The Vasquez Courts is comprised of eleven (11) townhouse-style units, each featuring a 2-bedroom, 2-bathroom layout. The uniform unit mix offers operational simplicity and consistent tenant demand, particularly among families and long-term renters seeking larger floorplans. The property has recently undergone significant capital improvements, including upgraded kitchens and bathrooms, new flooring, modern fixtures, fresh interior and exterior paint, and system enhancements, positioning the asset as a turn-key investment with minimal deferred maintenance. Currently, nine (9) of the eleven (11) units are occupied, generating in-place income with immediate upside through the lease-up of the remaining two (2) vacancies at market rents, and the additional opportunity to refurbish the laundry room for additional income. The property is not subject to local rent control, allowing for full rent optimization and increased NOI. Ideally located near I-15 and within close proximity to major retail, schools, and regional employers, The Vasquez Courts benefits from strong tenant demand and a favorable long-term outlook in the rapidly growing High Desert submarket. This offering represents a compelling opportunity for investors seeking a well-located, cash-flowing asset with value-add potential in one of Southern California's most dynamic secondary markets

Location

State CA

County San Bernardino

Area Victorville

Rooms

Other Rooms Shed(s)

Interior

Heating Central

Cooling Central

Equipment Range/Oven, Dishwasher

Exterior

Parking Features Garage Is Detached

Garage Spaces 11.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Signature Fine Estates, Inc.

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Tyler Coon

+1(828) 620-2541

Founder & CEO | License ID: 313885

Founder & CEO License ID: 313885

16221 Vasquez Ave Victorville, CA 92394

Tyler Coon

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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16221 Vasquez Ave