Victorville, CA 92394 15705 Tern Road
$1,425,000
Presented By: ALBERT LE with LE INVESTMENT GROUP; 909-256-7889
Baths • 3
SQFT • 5,967
Garage • 2
Home Details
A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 5.26% ProForma CAP rate and 13.19 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.
Presented By: ALBERT LE with LE INVESTMENT GROUP; 909-256-7889
Interior Features for 15705 Tern Road
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesWasher Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Total Stories2
Other Rooms
Entry Level1
General for 15705 Tern Road
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityVictorville
Community FeaturesStreet Lights, Sidewalks
CountySan Bernardino
Directions15705 Tern Road Victorville, CA 92394
Electric Expense
Entry LocationGround
Fuel Expense
Garage Spaces2
Garage Y/NYes
Gross Income101400
HOANo
HOA Fee$
Insurance Expense
Land Lease Y/NNo
Listing TermsSubmit
Lot Size Square Feet21780
Lot Size UnitsAcres
MLS AreaVIC - Victorville
Net Operating Income69059
New ConstructionNo
Number Of Units Total3
Operating Expense27271
Pool FeaturesNone
PostalCityVICTORVILLE
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot26
Trash Expense0
Water Sewer Expense0
Year Built2006
Year Built SourcePublic Records
Exterior for 15705 Tern Road
Building Area Total5967
Lot Features0-1 Unit/Acre
Lot Size Acres0.5
Lot Size Area0.5
Lot Size SourcePublic Records
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Parking FeaturesDriveway, Garage
Private PoolNo
Total Parking2
Water SourceOther
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®