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 | |
Updated | July 8th, 2019 |
Type | Multi-family |
Price | $1,799,999 |
Building | 17,136 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.