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$935,000
Est. payment /mo
8 Beds
8 Baths
0.41 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD26037575
Bedrooms 8
Lot Size 0.410 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
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 6.27% 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.
Location
State CA
County San Bernardino
Zoning Public Rec
Direction Main St. to Topaz to Spruce
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0405193140000
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Randy Sanchez, DRE#01180997 MGR Real Estate, Inc
Nearby Locations
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