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16378 Sequoia Street,  Hesperia CA, 92345 (Residential Income)

Status: Pending
MLS#: 512498
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Last Updated: 7/23/2019 2:41 PM
Description for 16378 Sequoia Street Hesperia, CA 92345
Large 14-unit complex consisting of all 3 bedroom 2 bath units located in a well distinguished residential area close to shopping and entertainment options. Property is currently under rented with rents averaging $.81 a SF, approximately 35% under the current average market rent range in Hesperia providing a new investor with plenty of value once the rents have been raised to market level. Positive upside to any investor in the market looking at this property as a long-term hold.
Price
$1,799,999
San Bernardino
512498
Pending
Description
Large 14-unit complex consisting of all 3 bedroom 2 bath units located in a well distinguished residential area close to shopping and entertainment options. Property is currently under rented with rents averaging $.81 a SF, approximately 35% under the current average market rent range in Hesperia providing a new investor with plenty of value once the rents have been raised to market level. Positive upside to any investor in the market looking at this property as a long-term hold.
Listing Information
Property Type: Cluster, 2 Story
1.03 Acres $105.04 1988
Yes-14 spaces 2 Other Construction
14 Total
Neighborhood
Room Information
Interior Features
Oven
Central Air
Gas Heat
3
Furnished
Exterior / Lot Features
14 Garage Spaces, 14 Parking Spaces, Garage
Other
Desert View
0
Residential 3
Paved Road
Financial Considerations
0414041190000
$0
$0
Listing Price History

Hesperia Real Estate

Hesperia is located in California. Hesperia, California 92345 has a population of 93,413.

The median household income in Hesperia, California 92345 is $38,651. The median household income for the surrounding county is $47,776 compared to the national median of $49,877. The median age of people living in Hesperia 92345 is 34 years.

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Courtesy: Robert Basen - Coldwell Banker Commercial Real Estate Solutions
This content last refreshed on 7/23/2019 2:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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