NOT LISTED FOR SALE
5 Beds
3 Baths
10,154 Sq Ft
21,601 Sq Ft Lot

Last Sold June 10, 2024

Last sale price $1,750,000 $172 Per Sq Ft

87 Days on Market

About This Home

As of June 2024

12 unit apartment complex located in the city of Victorville, California. The apartment building was built in 1964 and the unit mix consists of (2) 3bed/2bath and (10) 2bed/1bath for a total of 12 apartment units. Each unit has access to one carport except unit 1 and 12 which share a two car
garage. There is also a laundry facility onsite that is available for the tenants. In addition, the property is conveniently located within a five minute
drive to The Mall of Victor Valley which is surrounded by stores such as Best Buy, Barnes & Noble, Red Lobster, Farmer Boys, Big 5 Sporting Goods,
Macy's, Olive Garden, Sprouts Farmers Market, and much more!

Last Agent to Sell the Property

Charly Ubaldo

Keller Williams Victor Valley Brokerage Phone: 213-527-0450 License #02088736 Listed on: 03/15/2024

Keller Williams Victor Valley

Last Buyer's Agent

Bernardo Hernandez

Bona Real Estate Fontana Team License #01241778

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.5 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 10,154 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 4594
  • Assessor Parcel Number 0395114170000
  • $1,984 per year additional tax assessments

Community Details

Recreation

  • Bike Trail

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $73,120
  • Net Operating Income $113,985

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0395114170000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 172.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21600.00
  • Lot Size Acres: 0.4959
  • Latitude Manual: 34.53700000

Multi Family

  • Gross Scheduled Income: 191400.00
  • Laundry Income: 1440.00
  • Lot Size Area: 21600.0000 Square Feet
  • Net Operating Income: 113985.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 73120.00
  • Rent Control: No
  • Total Expenses: 73120.00

Tax Info

  • Tax Census Tract: 99.16
  • Tax Lot: 31
  • Tax Tract Number: 4594
  • TaxOtherAnnualAssessmentAmount: 1984.00
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Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $1,750,000 -2.8% $172 / Sq Ft
03/24/2024 03/24/24 For Sale $1,800,000 +2.9% $177 / Sq Ft
03/16/2024 03/16/24 Off Market $1,750,000 -- --
03/15/2024 03/15/24 For Sale $1,800,000 -- $177 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,858 $1,750,000 $150,000 $1,600,000
2024 $11,757 $983,945 $34,166 $949,779
2023 $11,631 $964,652 $33,496 $931,156
2022 $11,274 $945,737 $32,839 $912,898
2021 $11,074 $927,193 $32,195 $894,998
2020 $10,880 $917,686 $31,865 $885,821
2019 $10,699 $899,692 $31,240 $868,452
2018 $11,418 $882,051 $30,627 $851,424
2017 $10,416 $800,000 $100,000 $700,000
2016 $10,302 $787,800 $143,800 $644,000
2015 $8,763 $685,000 $125,000 $560,000
2014 $8,786 $685,000 $125,000 $560,000
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24053171

California Regional Multiple Listing Service (CRMLS)
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