16378 Sequoia Ave | Hesperia, CA 92345
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16378 Sequoia Ave
Hesperia, CA 92345
Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 1.03 AC |
| Property Type | Multifamily | Building Size | 28,106 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | R3 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 28,106 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3 |
ABOUT 16378 SEQUOIA AVE , 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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 7 | - | 600 |
| 1+1 | 7 | - | 750 |
PROPERTY TAXES
| Parcel Number | 0414-041-19 | Improvements Assessment | $1,574,849 |
| Land Assessment | $393,714 | Total Assessment | $1,968,563 |
PROPERTY TAXES
Parcel Number
0414-041-19
Land Assessment
$393,714
Improvements Assessment
$1,574,849
Total Assessment
$1,968,563
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