$3,360,000

16440 Sequoia St Hesperia, CA 92345

Estimated payment $21,069/month

4 Beds
3 Baths
11,954 Sq Ft
$281 Price per Sq Ft

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

Douglas McCauley

MARCUS & MILLICHAP Brokerage Phone: 626-695-6776 Listed on: 11/19/2025

Co-Listing Agent

David Covarrubias

MARCUS & MILLICHAP Brokerage Phone: 626-695-6776

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

10

Listing Details

  • Professional Management Expense: 13531.00
  • Property Attached: Yes
  • Water Sewer Expenses: 13172.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0414041150000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 281.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 38.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 645.00
  • Sewer: Public Sewer
  • Trash Expense: 11087.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0414041140000
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 60984.00
  • Lot Size Acres: 1.4000

Multi Family

  • Electric Expense: 1653.00
  • Fuel Expense: 688.00
  • Gross Income: 279000.00
  • Gross Operating Income: 273319.00
  • Gross Scheduled Income: 279000.00
  • Insurance Expense: 13130.00
  • Laundry Income: 2689.00
  • Lot Size Area: 1.4000 Acres
  • Maintenance Expense: 13950.00
  • Net Operating Income: 168187.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 20
  • Operating Expense: 105132.00
  • Rent Control: No
  • Total Expenses: 105132.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 36984.00
  • Tax Lot: 206
  • Tax Tract Number: 4838
  • TaxOtherAnnualAssessmentAmount: 646.59

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25263300

California Regional Multiple Listing Service (CRMLS)