16395 Village, Victorville, CA — listing photo 1
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FOR SALENew Listing

16395 Village

Victorville, CA 92394
20,340 Lot Sq Ft
Built 1985
$1,300,000

Property Overview

Excellent eight-unit multifamily investment opportunity located at 16395 Village Drive in Victorville, CA. Offered at $1,300,000 ($162,500 per unit), the property features an attractive 7.07% current CAP rate with upside to a 7.39% pro forma CAP rate. Built in 1985, the property consists of two residential buildings totaling approximately 5,460 rentable square feet on a 0.47-acre lot. The desirable unit mix consists entirely of eight 2-bedroom/1-bathroom units, each averaging approximately 675 square feet. The property generates $144,000 in annual scheduled rental income, with potential to increase to $148,800 at projected market rents. Additional features include onsite parking, covered carports, air conditioning, and stucco construction. Conveniently located near Interstate 15, Southern California Logistics Airport, shopping, dining, and major employment centers throughout the Victor Valley. An attractive opportunity to acquire an established income-producing multifamily asset with strong in-place cash flow, rental upside, and long-term investment potential.

Home Details

Property type
Residential Income - Apartment
Year built
1985
Lot size
20,340 sq ft
Stories
2
Days on market
0
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Yard

Community, Schools & Utilities

Utilities

Water
Public
Sewer
SepticTank
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Location & Neighborhood

16395 Village

Victorville, CA 92394

Frequently Asked Questions About 16395 Village

Property type: Residential Income

The current asking price is $1,300,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 16395 Village. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1985. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Victorville, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Victorville property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

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Listing Agent

Name: DARREN CORREA
MLS ID: IVCORRDAR

Available property

$1,300,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.