Property

Victorville, CA 92395 16518 Avalon Avenue

16518 Avalon Avenue Victorville, CA - Image 116518 Avalon Avenue Victorville, CA - Image 216518 Avalon Avenue Victorville, CA - Image 3
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Presented By: Sean Hwangbo with RE/MAX TIME REALTY; 6266797947
  • MLS# CV25087291
  • 04/21/2025
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 15,345
  • Garage • 18

Home Details

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. 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 residents' easy access to the entire Victor Valley consisting of Adelanto, Apple Valley, Hesperia, and Victorville that consists of over 173,000 people within a 5-mile radius. Interstate 15 and State Route 18 grant convenient access to surrounding employment hubs throughout the Inland Empire, Los Angeles & Orange County regions. The subject property consist entirely of two bedroom units with 853 square feet of living space. Units are individually metered for gas & electricity with amenities that include(s): dual-pane windows, dual-glass patio doors, vinyl plank flooring & bathtubs (most units), copper plumbing, detached enclosed garages, open space parking, laundry facility, swimming pool (not in use), and balconies/patios. The strong demand for rentals in the area is evidenced by its historical occupancy as it caters to families & working professionals alike. With significant value-add potential coupled with growing demand for this submarket, the offering presents investors the opportunity to acquire an appreciating, cash flowing asset with additional upside through continued renovation & proactive management to capture upside in rents achievable at the property.
Presented By: Sean Hwangbo with RE/MAX TIME REALTY; 6266797947

Interior Features for 16518 Avalon Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesLaundry Room
Total Stories1

Other Rooms

Entry Level1

General for 16518 Avalon Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityVictorville
Community FeaturesCurbs, Sidewalks
CountySan Bernardino
Directions16518 Avalon Ave, Victorville, CA
Electric Expense2500
Entry Location1
Fuel Expense520
Garage Spaces18
Garage Y/NYes
Gross Income309756
HOANo
HOA Fee$
Insurance Expense13500
Land Lease Y/NNo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, Conventional
Lot Size Square Feet51400.8
Lot Size UnitsAcres
MLS AreaVIC - Victorville
Net Operating Income195097
New ConstructionNo
Number Of Units Total18
Open Parking Spaces18
Operating Expense105172
Pool FeaturesPrivate
PostalCityVICTORVILLE
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot2
Tenant PaysElectricity, Gas
Trash Expense21000
Water Sewer Expense1
Year Built1989
Year Built SourcePublic Records

Exterior for 16518 Avalon Avenue

Building Area Total15345
Lot Features16-20 Units/Acre
Lot Size Acres1.18
Lot Size Area1.18
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters19
Number of Separate Gas Meters19
Number of Separate Water Meters1
Private PoolYes
Total Parking36
Water SourcePrivate

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Limor Zamir

Realtor®
Price $3,180,000
MLS#CV25087291
List Date 04/21/2025
Property Type Multi-Family
Phone 310.866.3778
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