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$ 625,000
Est. payment | /mo
4 Beds
2,160 SqFt
$ 625,000
Est. payment | /mo
4 Beds
2,160 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $289
MLS Listing ID CL26641779
Bedrooms 4
HOA Y/N No
Year Built 1952
Lot Size 0.285 Acres
Acres 0.29
Property Sub-Type OTHER
Property Description
"Back On The Market." Have an appraisal at $650K. Great Investment Opportunity! Welcome to 16340 Villa Drive, a fully renovated four-unit investment property located in the heart of Victorville. This rare opportunity offers four 1-bedroom, 1-bath units, each thoughtfully updated with modern finishes and ready to generate strong rental income. Property Highlights- Lot Size: Approximately 12,000 sq. ft.- Units: 4 (each 1 bed / 1 bath)- Renovations: New vinyl plank flooring throughout, modern finishes, and fresh updates across all units- Appliances: All appliances included in every unit- Parking & Storage: Each unit includes its own garage for added tenant convenience. Current Rents: Each unit rents for $1,150/month- Occupancy: 1 unit currently rented at $1,150, 3 units vacant and ready to leaseI. Investment Potential- Gross Scheduled Income (GSI): $55,200 annually (at full occupancy)- Immediate Upside: Lease the three vacant units at market rent to maximize returns- Turnkey Renovations: All major updates completed, minimizing upfront costs. Location -Conveniently located near shopping centers, schools, parks, and commuter routes. This property offers easy access for tenants and long-term growth for investors in the rapidly developing Victorville rental market. Please call me for a private showing.
Location
State CA
County San Bernardino
Interior
Heating Wall Furnace
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 0477202350000
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Listed by Elaine Cromwell • The ONE Luxury Properties
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