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15563-15575 5th St 6 Unit Apartment Building $845,000 ($140,833/Unit) 7.65% Cap Rate Victorville, CA 92395



EXECUTIVE SUMMARY
6-unit multifamily in a high-demand rental market
Cap Rate: 7.65%
Stable occupancy & consistent cash flow
Value-add opportunity through rent growth as leases roll
Mix of SFR, duplex, and triplex broadens renter appeal
Single-Family Residence: 2 bed / 1 bath
Triplex: (2) Two 2 bed / 1 bath units, (1) One 1 bed / 1 bath unit
Duplex: (2) Two 2 bed / 1 bath units
Strong accessibility to Old Town amenities, shopping, and major thoroughfares
Cap Rate: 7.65%
Stable occupancy & consistent cash flow
Value-add opportunity through rent growth as leases roll
Mix of SFR, duplex, and triplex broadens renter appeal
Single-Family Residence: 2 bed / 1 bath
Triplex: (2) Two 2 bed / 1 bath units, (1) One 1 bed / 1 bath unit
Duplex: (2) Two 2 bed / 1 bath units
Strong accessibility to Old Town amenities, shopping, and major thoroughfares
PROPERTY FACTS
| Price | $845,000 | Building Class | C |
| Price Per Unit | $140,833 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 3,319 SF |
| Cap Rate | 7.65% | Average Occupancy | 100% |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 6 | Year Built | 1940 |
| Property Type | Multifamily | Parking Ratio | 2.11/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | SP | ||
| Price | $845,000 |
| Price Per Unit | $140,833 |
| Sale Type | Investment |
| Cap Rate | 7.65% |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 3,319 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 2.11/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | SP |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 4 | - | - |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 0478-223-11 | Improvements Assessment | $624,240 |
| Land Assessment | $104,040 | Total Assessment | $728,280 |
PROPERTY TAXES
Parcel Number
0478-223-11
Land Assessment
$104,040
Improvements Assessment
$624,240
Total Assessment
$728,280
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15563-15575 5th St
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