15705 Tern Road, Victorville, CA 92394
List Price: $1.25M
Listing Status: Active
Original List Price: $1.43M
0Days on Market: 127
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 2006
Lot Size: 21,780 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: IV26041261
About This Property
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.
Listing provided by: ALBERT LE DRE #01468313 909-256-7889 albert.le@leinvestmentgroup.com, LE INVESTMENT GROUP
Source: CRMLS, MLS #: IV26041261
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.