nav_1_at
nav_3_off
nav_13_off

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

bath(s)
Status: Sold
MLS#: 512498
1of
Full Screen Photos
Photos
Map
Last Updated: 5/29/2020 11:03 AM
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
Sold Price:
$1,800,000
Sold Date:08/23/2019
San Bernardino
512498
Closed
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
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 94,285.

The median household income in Hesperia, California 92345 is $40,197. The median household income for the surrounding county is $49,199 compared to the national median of $50,013. The median age of people living in Hesperia 92345 is 34 years.

Loading nearby sales and history ...
Courtesy: Robert Basen - Coldwell Banker Commercial Real Estate Solutions
This content last refreshed on 5/29/2020 11:03 AM. 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.

Ask a Question?
Send Now
Start a no spam email conversation