Listing Detail

Victorville, CA 92395 15521 4th

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Presented By: Tony Burton with Burton Commercial, Inc.; 951-375-7433
  • MLS# SW25272687
  • 12/06/2025
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 5,200

Home Details

This Offering is 6 units in Victorville. Victorville is one of three major cities in the Upper Desert. We are located 25 miles north of San Bernardino. The Upper Desert comprises of 500,000+/- people & has all major retail/office businesses. The major cities are Victorville, Apple Valley, & Hesperia. The Upper Desert multifamily market is very strong, with low crime, attractive neighborhoods, and has low vacancy rates! This Offering is located on the east side of Victorville, The east side of Victorville is the most desirable area of Victorville, located adjacent to the most prestigious area of the Upper Desert, the Desert Knolls area of Apple Valley. This Offering consists of one 3 bedrooms 2 baths, and five 1 bedrooms 1 baths. All units have separately metered gas and electric that tenants sign up and pay for. There are not other common area expenses, and landlord pays water and trash. All expenses are detailed in the SUPPLEMENTS attached. This complex has the following fine amenities. *Newer roofs. *Updated plumbing/electric *Newer tile floors. *Updated appliances. *Updated cabinetry. *All units have been rehabbed. *Laundry room. *Laundry hook ups. *Private tenant yards. * 15 parking stalls *Ceiling fans throughout. *Beautiful low maintenance/cost landscaping. The complex is heated by wall furnace, and cooled by window AC's and swamp coolers. Therefore no need for landlord worrying about high cost replacement of AC's, and no need to worry about tenant affording cooling in the summer time. Running a swamp cooler is like running a light bulb!! All tenants are in good standing and always pay rent on time! THIS COMPLEX REALLY PERFORMS! PLEASE SEE THE FOLLOWING GREAT RETURNS AT ACTUAL AND MARKET RENTS: At actual rents, WE'RE PERFORMING AT A POSITIVE CASH FLOW! We're putting out an annual gross income of $92,480, a 10.16 Gross Rent Multiplier, a 7.93% Cap Rate, and a double digit 12.79% Cash on Cash return, or aka, A POSITIVE CASH FLOW OF $24,020 ANNUALLY!!! At market rents, WE'RE POSITIVE CASH FLOW ON STERIODS! We're putting out an annual gross income of $112,800, a 8.32 Gross Rent Multiplier, a 10.08% Cap Rate, and AN EYEOPENING ROBUST 23.53% Cash on Cash return, or aka, A POSITIVE CASH FLOW OF $44,180 ANNUALLY!!! All financials, rent roll, rent comps, and income/ expenses, are located in SUPPLEMENTS attached. This multifamily has one of the highest returns in So Cal! SELLER IS MOTIVATED & READY TO DEAL!
Presented By: Tony Burton with Burton Commercial, Inc.; 951-375-7433

Interior Features for 15521 4th

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesWasher Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Total Stories1

Other Rooms

Entry Level1

General for 15521 4th

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityVictorville
Community FeaturesFoothills, Suburban
CountySan Bernardino
Directions15 to D St to 4th
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income112800
Insurance Expense3200
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet14200
Lot Size UnitsSquare Feet
MLS AreaVIC - Victorville
Net Operating Income94630
New ConstructionNo
Number Of Units Total6
Operating Expense18170
Pool FeaturesNone
PostalCityVICTORVILLE
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Taxes$9,390
Trash Expense0
Water Sewer Expense5580
Year Built1970
Year Built SourceEstimated

Exterior for 15521 4th

Building Area Total5200
Lot Features2-5 Units/Acre
Lot Size Acres0.326
Lot Size Area14200
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters2
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Roger Jarnigan

Realtor®
Price $939,000
MLS#SW25272687
List Date 12/06/2025
Property Type Multi-Family
Phone 818.521.4535
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