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15521 4th Street, Victorville, California 92395, Victorville, - bed, bath

home-pic
ACTIVE$919,000
15521 4th Street, Victorville, California 92395
0Bed
0Bath
4,230Sqft
14,200Lot
Year Built
1954
Close
-
List price
$919K
Original List price
$919K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25199928
Home ConditionGood
Features
Good View:
View-

About this home

Excellent Cap Rate of 7%, this 6-unit investment opportunity in Victorville is conveniently located and a great living space for tenants and the option for the owner to live in one of the units. Better than your money sitting in the bank, this complex offers diversity with one single 3-bedroom 2-bath, a triplex featuring 3 1-bedroom 1-bathroom, and a duplex consisting of 1-bedroom 1-bath. With great returns, this complex is well maintained with a newer roof, updated electrical and plumbing, low maintenance landscape, and 2 parking spots for each unit. Each unit has a separate electric meter, making it easier and keeping expenses lower for the next owner. All of the tenants are in good standing and all of the units have been carefully maintained with most units being rehabbed for maximum profits. (Interior pictures shown are prior to tenants moving in.)

Nearby schools

2/10
Del Rey Elementary School
Public,•K-6•0.8mi
/10
Academy Of Performing Arts And Foreign Language
Public,•K-6•1.0mi
1/10
Lakeview Middle School
Public,•7-9•4.2mi
2/10
Victor Valley High School
Public,•9-12•0.6mi

Price History

Date
Event
Price
10/12/25
Listing
$919,000
Condition Rating
Good
Despite being built in 1954, the listing explicitly states 'newer roof, updated electrical and plumbing,' and that 'most units being rehabbed for maximum profits.' This indicates significant, relatively recent renovations that bring the property to a move-in ready condition. While interior photos are not provided to assess kitchen and bathroom styles directly, the term 'rehabbed for maximum profits' implies functional and appealing updates to these key areas for tenant attraction. The exterior image shows a well-maintained property, supporting the 'well maintained' claim in the description. The property's major systems have been updated, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

High Capitalization Rate: The property boasts an excellent 7% Cap Rate, indicating strong potential for investment returns and cash flow.
Diversified Multi-Unit Income: Comprising six units with varied configurations (one 3-bed, three 1-bed, two 1-bed), this complex offers diversified income streams and reduced vacancy risk.
Recent Infrastructure Upgrades: Key components such as the roof, electrical, and plumbing have been updated, minimizing immediate capital expenditures for a new owner.
Operational Cost Efficiency: Each unit features a separate electric meter, streamlining utility management and reducing owner-borne expenses.
Stable Tenant Base & Condition: All tenants are in good standing, and most units have been rehabbed, ensuring immediate income and well-maintained interiors.

Cons

Property Age: Built in 1954, the underlying structure may present long-term maintenance considerations beyond the recently updated systems.
Subpar School Ratings: Proximity to schools with low performance ratings (1-2) could limit appeal to family-oriented tenants or impact future resale value.
Outdated Interior Visuals: Interior pictures provided are from prior to tenant occupancy, which may not accurately reflect the current condition of the units.

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