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Listed by Sean Hwangbo, DRE #01945497 • TNG REAL ESTATE CONSULTANTS
$ 3,180,000
Est. payment /mo
Active
16518 Avalon AVE Victorville, CA 92395
1.18 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26126117
Year Built 1985
Lot Size 1.180 Acres
Source California Regional MLS
Property Description
We are pleased to exclusively present an 18-unit multifamily investment property located in the City of Victorville, California. Situated on 1.18 acres, the offering presents the opportunity for investors to acquire a value-add asset in one of the most desirable submarkets of the High Desert in the Inland Empire. HIGHLIGHTS: Located in Opportunity Zone | Built 1985 | 100% Two-Bedroom One-Bathroom Units Updated with Double-Pane Windows & Dual-Glass Patio Doors (Select Units) | 80% of the Units Upgraded with Vinyl Plank Flooring & Bathtubs with Modern Finishes. $400,000 CapEx Improvements on Interior/Exterior. Located in a Single-Family Residential Neighborhood | Within Proximity to Brightline West High-Speed Rail Terminal to Provide Rail Service between California & Las Vegas, Nevada. Individually Metered for Gas & Electricity | Private Patios/Balconies for All Units. On-Site Laundry Facility (Machines Owned) | Detached Private Garages & Ample Open Space Parking. The property is located within short commute to national/regional tenants that include Costco, Home Depot, WinCo Foods as well as St Mary's Medical Center and within proximity to the future Brightline West High-Speed Rail Terminal provided rail service between California and Las Vegas, Nevada.. The community grants reside
Location
State CA
County San Bernardino
Area Vic - Victorville
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Laundry Room, Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Garage
Garage Spaces 36.0
Pool Community Facility
Roof Type Composition
Building
Water District - Public
Others
Tax ID 0478061390000
Special Listing Condition Not Applicable

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