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4-Unit Quadplex with Detached Garages

14065 Spruce, Hesperia, CA 92345

For Sale
$729,000

Each residence has a two-bedroom, one-bath layout and a separate detached garage.

Property Size3,584 SF
Price / SF$203.40
Days on Market21

Property Features for 14065 Spruce

General Information

Standard status Active
Size 3,584 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes
Tenant in Place Yes

Amenities

detached garage
Listing Agency: Keller Williams High Desert
Listed By: Aaron Drobnick · License #01459650
Source: Viewsandiegorealestate
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 6:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams High Desert

Rey
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Investment Insights

Based on property information with market context.

This Hesperia quadplex contains four residences totaling 3,584 square feet. Each unit offers two bedrooms and one bathroom across approximately 896 square feet, with a detached garage assigned to each residence.

The property is near a freeway, providing access to the regional road network.

Key Highlights

  • Four 2‑bedroom, 1‑bath units
  • 3,584 square feet of living space
  • Each unit is approximately 896 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,210
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,200 $1.0M
Cap Rate 7%
$731,571 $731.6K
Cap Rate 9%
$569,000 $569.0K
Market Conditions
NOI Build-Up for 3,584 SF
Gross rent
$77.4K $21.60/SF
− Vacancy
−$4.3K −$1.19/SF
EGI
$73.2K $20.41/SF
− OpEx
−$21.9K −$6.12/SF
NOI
$51.2K $14.29/SF
Area
Hesperia, CA
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,200
Cap Rate 7%
$731,571
Cap Rate 9%
$569,000

Alternative Uses

Best Use
Multifamily LT 5
$731.6K
$640.1K – $853.5K (±1% cap)
NOI $51,210 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$672.7K
$588.6K – $784.9K (±1% cap)
NOI $47,091 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$1.02M
$889.4K – $1.19M (±1% cap)
NOI $71,152 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 92345, CA

86,499
Population
27,247
Households
3.2
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
98.9 sq mi
ZIP Area
875
Density / Sq Mi
$65,949
Median Household Income
$37,235
Median Earnings
$1,499
Median Rent
$359,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in San Bernardino County, CA

$270 Jul
$273 Aug
$320 Sep
$315 Oct

Properties on Market for Quadplexes in San Bernardino County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has a two-bedroom, one-bath layout and a separate detached garage.
Where is this quadplex located?
The property is located at 14065 Spruce Hesperia, CA.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units; 3,584 square feet of living space; Each unit is approximately 896 square feet
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