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16518 Avalon Ave Victorville, CA 92395

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18-unit multifamily property with value-add potential in a desirable location.

Lot size:
1.18 Acres

Property Features for 16518 Avalon Ave

General Information

Standard status
Active
Zoning
Public Rec
Lot size
1.18 Acres

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Listing Contact
Sean Hwangbo
Source: Crexi

Listing Agency: Realty One Group Listing Agent: Sean Hwangbo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multifamily Investment Property in Victorville

This 18-unit multifamily investment property is located in Victorville, California, situated on 1.18 acres. The property offers investors the opportunity to acquire a value-add asset in a desirable submarket of the High Desert in the Inland Empire. The location provides convenient access to national and regional tenants, including Costco, Home Depot, and WinCo Foods, as well as St Marys Medical Center. It is also near the future Brightline West High-Speed Rail Terminal, which will provide rail service between California and Las Vegas, Nevada. Residents have easy access to the Victor Valley, including Adelanto, Apple Valley, Hesperia, and Victorville, with a population of over 173,000 within a 5-mile radius. Interstate 15 and State Route 18 offer convenient access to employment hubs throughout the Inland Empire, Los Angeles, and Orange County regions. The property consists entirely of two-bedroom units, each with 853 square feet of living space. Units are individually metered for gas and electricity and include dual-pane windows, dual-glass patio doors, vinyl plank flooring, and bathtubs (in most units), copper plumbing, detached enclosed garages, open space parking, a laundry facility, a swimming pool (not in use), and balconies/patios. The property caters to families and working professionals, evidenced by its historical occupancy. The offering presents significant value-add potential coupled with growing demand for this submarket.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Victorville
County
San Bernardino
State
California
Longitude
-117.303365
Latitude
34.537622

FAQs

What type of property is this?
Apartment building - 18-unit multifamily property with value-add potential in a desirable location.
Where is this apartment building located?
The property is located at 16518 Avalon Ave Victorville, CA.
What are key features of this property?
This property features: - Value-add opportunity in a desirable High Desert submarket.; - Proximity to major retailers such as Costco, Home Depot, WinCo Foods and St Marys Medical Center.; - Located near the future Brightline West High-Speed Rail Terminal.
More about this property
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