15360 Sequoia Street, Hesperia, CA 92345

$1,800,000
Sold Price
$1,800,000
List Price
$1,825,000
Closing Date
May 02, 2023
Status
CLOSED
MLS#
PW23018878
Year Built
1984
Lot Size
43,560
Acres
1
Lot Location
Item610UnitsAcre, Front Yard, LotOver40000Sqft, StreetLevel
Days on Market
23
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
One Level

Property Description

A great opportunity to own a quality Income Property. All 10 units are Single Story with 2 Bedrooms, Patios, Central Heating and A/C, Indoor Washer and Dryer hookups, Single car garages with automatic door openers and newer aluminum doors, plus an additional parking space. Immediate increase in rents for the 3 tenants that are eligible results in a 5% cap rate. Large lot that gives the property a park like setting. High tenant demand because of the amenities and ideal location just off of Bear Valley Rd. with easy access to the freeway. Property is on septic tanks so no City sewer expense and tanks were recently certified to be in good working order.

Additional Information

Appliances
Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Park/Greenbelt
Roof
Composition
Garage Spaces Total
10
Sewer
Septic Tank
Water
Public
Interior Features
AllBedroomsDown
Attached Structure
Attached
Number Of Units Total
10
Gross Scheduled Income
$145,080
Operating Expense
53680

Listing courtesy of Listing Agent: Richard Bell (richard@bellrealtyca.com) from Listing Office: Bell Realty Group.

Listing sold by DARREN CORREA from LE INVESTMENT GROUP

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.