Property Listing No Longer Available for Sale

16378 N Sequoia Rd, Hesperia, CA

Multi-family for Sale - $1,799,999 - 17,136 Sq. Ft.


Property Info

CIMLS#1051645
Location
  16378 N Sequoia Rd
  Hesperia CA 92345
UpdatedJuly 8th, 2019
TypeMulti-family
Price$1,799,999
Building17,136 Sq. Ft.

Property Description

Large 14-unit complex consisting of all 3 bedroom 2 bath units located in a well distinguished residential area close to shopping and entertainment options. Property is currently under rented with rents averaging $.81 a SF, approximately 35% under the current average market rent range in Hesperia providing a new investor with plenty of value once the rents have been raised to market level. Positive upside to any investor in the market looking at this property as a long-term hold.


Financials