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    Victorville Townhome Apartments with Garages Title is generated by Realmo AI

    14965 Culley St, Victorville, CA 92395

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    Four 2-bed, 1.5-bath units with garages and fireplaces.

    Type:Multifamily
    Property size:
    4,576 SF
    Price / SF:
    $191/SF
    Added:
    Mar 7, 2026
    Days on Market:
    120
    Last Refresh:
    Mar 16 at 3:19 pm

    Property Features for 14965 Culley St

    General Information

    Standard status
    Active
    Size
    4,576 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1986

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    Tony Burton

    Listing office Burton Commercial, Inc.

    Listing date Mar 7, 2026

    Source Crexi

    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 Burton Commercial, Inc.

    HighLights

    • Significantly under market value at $875,000.
    • High potential for increased rental income.
    • Strong investment metrics: $122,220 annual gross income, 7.16 GRM, 12.34% Cap Rate, and 34.83% Cash on Cash Return at market rents.
    • Each unit includes 2 beds, 1.5 baths, single‑car garage, large real fireplace, upgraded kitchen, and laundry facilities.
    • Positive cash flow at current rents.
    • Located in a desirable area of Victorville with easy access to the 15 freeway.

    Overview

    Located in Victorville, these townhome apartments consist of four units, each featuring two bedrooms and 1.5 bathrooms. Each unit includes its own single-car garage and a real fireplace. The units have large rooms, including upgraded kitchens, and laundry facilities. The property is located along the 15 freeway, approximately 25 minutes north of San Bernardino. The property size is 4576 square feet. The units are currently rented on a month-to-month basis. Potential exists to increase rents. At market rents, the property could generate an estimated annual gross income of $122,220, with a 7.16 Gross Rent Multiplier, a 12.34% Cap Rate, and a 34.83% Cash on Cash Return.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $79.6k $17.40
    − Vacancy −$4.1k −$0.90
    EGI $75.5k $16.50
    − OpEx −$22.6k −$4.95
    NOI $52.8k $11.55
    4,576 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $754.8K
    $660.5K – $880.6K (±1% cap)
    NOI $52,837 @ 7.0% cap · market cap 6.04%
    Second Best
    Apartment 5plus
    $659.9K
    $577.4K – $769.9K (±1% cap)
    NOI $46,193 @ 7.0% cap · market cap 5.28%
    Theoretical Best
    Office A
    $969.4K
    $848.3K – $1.13M (±1% cap)
    NOI $67,860 @ 7.0% cap · market cap 7.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Kitchen & Bath Showroom Cafe & Coffee Shop Florist (Bike/Boat/Book/etc) Store Nursing Home Restaurant Restaurant Restaurant Adult Day Care

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

    Location Insight

    • Map
    • Local Demand
    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.3027831
    Latitude
    34.5229728

    FAQs

    What type of property is this?
    Quadplex - Four 2-bed, 1.5-bath units with garages and fireplaces.
    Where is this quadplex located?
    The property is located at 14965 Culley St Victorville, CA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Significantly under market value at $875,000.; High potential for increased rental income.; Strong investment metrics: $122,220 annual gross income, 7.16 GRM, 12.34% Cap Rate, and 34.83% Cash on Cash Return at market rents.
    More about this property
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