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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24211210
Sold Date 11/26/24
HOA Y/N No
Lot Size 7,100 Sqft
Property Description
Great 1031 Opportunity. Seller has several duplexes (16661 and 16665 C Street) that can be packaged into a single deal if desired. Fourplex / quadplex available. This Duplex grosses $25,488 per year in rents with room for increases. Per county records, the property was built in 1926 and is 1,344 square feet This is a great investment opportunity in downtown Victorville. The property is freeway close and near Costco, Big Lots, Food 4 Less, Home Depot, Victor Valley Hospital and many other stores and restaurants. The High Desert is growing. The Barstow International Gateway and the Brightline High Speed rail project are creating thousands of new jobs in the area.
Great 1031 Opportunity. Seller has several duplexes (16661 and 16665 C Street) that can be packaged into a single deal if desired. Fourplex / quadplex available. This Duplex grosses $25,488 per year in rents with room for increases. Per county records, the property was built in 1926 and is 1,344 square feet This is a great investment opportunity in downtown Victorville. The property is freeway close and near Costco, Big Lots, Food 4 Less, Home Depot, Victor Valley Hospital and many other stores and restaurants. The High Desert is growing. The Barstow International Gateway and the Brightline High Speed rail project are creating thousands of new jobs in the area.
Location
State CA
County San Bernardino
Area Victorville (92395)
Zoning Assessor
Interior
Cooling Swamp Cooler(s)
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $16
Acceptable Financing Cash, Conventional, FHA
Space Rent $1,424
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with EDUARDO AGUERO • Douglas Elliman of CA, Inc.
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Najla Dearie Wehbe Dipp
Broker Associate | License ID: 02024371
Broker Associate License ID: 02024371