14015 Spruce St Hesperia, CA 92345
North Star Ranch NeighborhoodEstimated payment $5,312/month
Highlights
- 0.41 Acre Lot
- Level Lot
- 1-Story Property
- Laundry Room
About This Home
We are proud to present a fantastic opportunity to own this beautiful Fourplex property in Hesperia, CA. This investment property is currently being offered at a 6.46% cap rate and it features 2 bedrooms/2 baths, large living area, laundry hookups, private patios, individual garages for each unit. These units are spacious at ± 1,054 sq.ft per unit. This property has been exceptionally well maintained, reflecting consistent and attentive ownership. Over the years, it has undergone extensive upgrades and preventative maintenance to ensure long-term performance and curb appeal. Major exterior improvements include roof replacements and roofline repairs, full stucco restoration and exterior paint, new trim and front entry doors, as well as replacement of multiple steel garage doors. Interior and mechanical systems have also been thoughtfully updated. Improvements include HVAC system upgrades, updated water heaters, renovated kitchen countertops, and tile and flooring enhancements completed within the past decade. These apartments are in outstanding condition and demonstrate true pride of ownership. The property is highly desirable and easy to lease, with steady tenant demand driven by its prime location near retail shopping, schools, and convenient access to the 15 Freeway, making commuting simple and efficient. Additionally, the neighboring 4-unit property is also available, presenting a rare opportunity to acquire both assets and add a total of 8-units to your investment portfolio.
Listing Agent
MGR Real Estate, Inc Brokerage Phone: 760-684-2139 License #01180997 Listed on: 02/19/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983
Lot Details
- 17,854 Sq Ft Lot
- 1 Common Wall
- Rural Setting
- Level Lot
Parking
- 1 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,216 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 53
- Tax Tract Number 5375
- Assessor Parcel Number 0405193130000
- $489 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $25,003
- Gross Income $85,380
- Net Operating Income $60,377
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,261 | $375,101 | $58,937 | $316,164 |
| 2024 | $4,166 | $367,746 | $57,781 | $309,965 |
| 2023 | $4,122 | $360,535 | $56,648 | $303,887 |
| 2022 | $4,029 | $353,465 | $55,537 | $297,928 |
| 2021 | $3,957 | $346,534 | $54,448 | $292,086 |
| 2020 | $3,911 | $342,981 | $53,890 | $289,091 |
| 2019 | $3,832 | $336,256 | $52,833 | $283,423 |
| 2018 | $3,760 | $329,663 | $51,797 | $277,866 |
| 2017 | $3,695 | $323,199 | $50,781 | $272,418 |
| 2016 | $3,618 | $316,861 | $49,785 | $267,076 |
| 2015 | $2,941 | $254,702 | $34,627 | $220,075 |
| 2014 | $2,902 | $249,713 | $33,949 | $215,764 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $935,000 | -- | $222 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $131,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD26037530
APN: 0405-193-13
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Ask me questions while you tour the home.