16440 Sequoia St Hesperia, CA 92345
Estimated payment $21,069/month
Highlights
- No Units Above
- Laundry Room
- 1-Story Property
- No HOA
- Level Lot
About This Home
*SELLER FINANCING*
The properties consists of the following:
16440 Sequoia Street
Constructed in 1989, this 10-unit multifamily investment property is situated on a 30,450 square foot parcel with a building area of 6,076 square feet. The property consists of ten single story one bedroom/one bathroom floor plans, all with an attached single-car garage and large walk-in closets. The apartments are individually metered for gas & electricity and have enclosed private patios and wall air conditioning & heat. There is also an on-site laundry room (leased) and ten open parking spaces (two per unit including garages) and copper plumbing.
16460 Sequoia Street
Constructed in 1985, this 10- Unit multifamily investment property is situated on a 30,450 square foot parcel with a building area of 5,878 square feet. The property consists of six single story one bedroom/one bathroom floor plans and four single story two bedroom/one bathroom floorplans all with vaulted ceilings. The apartments are individually metered for gas & electricity and have individual water heaters and have enclosed private patios and wall air conditioning and heat. There are eighteen open parking spaces, an on-site laundry room (leased) and copper plumbing.
Strategically located within a quiet residential pocket of Hesperia, the properties are minutes from major transportation corridors including Interstate 15 and Main Street, offering direct access to Victorville, Apple Valley, and the Inland Empire corridor. The location benefits from proximity to Hesperia Civic Plaza Park, Hesperia Lake Park, and the Hesperia Golf & Country Club, providing residents with convenient outdoor recreation and community amenities.
Hesperia has emerged as one of the fastest-growing cities in San Bernardino County, fueled by strong population growth and a surge of logistics and industrial development. The nearby $161.9 million Amazon fulfillment center, along with recent large-scale investments has bolstered the local economy and driven sustained rental demand. The city’s evolving infrastructure and its designation as part of the High Desert Corridor Project continue to attract new business, workforce residents, and retail expansion.
With its combination of attractive seller financing, well-maintained single-story assets, this offering presents a rare opportunity to acquire two contiguous Hesperia multifamily properties with both immediate income and long-term appreciation potential.
Listing Agent
MARCUS & MILLICHAP Brokerage Phone: 626-695-6776 Listed on: 11/19/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 1.4 Acre Lot
- No Units Above
- 1 Common Wall
- Level Lot
- 0414041140000
Parking
- 10 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 11,954 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 206
- Tax Tract Number 4838
- Assessor Parcel Number 0414041150000
- $647 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 20 Units
Amenities
- Laundry Facilities
Building Details
- 20 Separate Electric Meters
- 20 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,653
- Fuel Expense $688
- Insurance Expense $13,130
- Maintenance Expense $13,950
- Pest Control $645
- Professional Management Expense $13,531
- Trash Expense $11,087
- Water Sewer Expense $13,172
- New Taxes Expense $36,984
- Operating Expense $105,132
- Gross Income $279,000
- Net Operating Income $168,187
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $3,360,000 | -- | $281 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25263300
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