2-Unit Residential
15466 3rd St, Victorville, CA 92395
For Sale
$335,000
Each residence has an open-plan layout, wall heating and cooling, and a one-bedroom, one-bathroom configuration.
Property Size1,040 SF
Price / SF$322.12
Days on Market18
Property Features for 15466 3rd St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Listing Agency:
KW Mojave
Listed By:
Stefanie Angel · License #01761634
(760) 951-5242
Source:
Exprealty
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 8 at 9:02AM
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 KW Mojave
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Investment Insights
Based on property information with market context.
This 1,040 SF duplex contains two separate residences, each arranged with one bedroom and one bathroom. Both units have open-plan interiors and wall-mounted heating and cooling systems.
The property is in Victorville, with local shopping, dining, and everyday amenities accessible in the area.
The property is in Victorville, with local shopping, dining, and everyday amenities accessible in the area.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 1,040 SF duplex with open‑plan layouts
- Wall heating and cooling in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,009
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,180
$240.2K
Cap Rate 7%
$171,557
$171.6K
Cap Rate 9%
$133,433
$133.4K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$18.1K $17.40/SF
− Vacancy
−$941 −$0.90/SF
EGI
$17.2K $16.50/SF
− OpEx
−$5.1K −$4.95/SF
NOI
$12.0K $11.55/SF
Area
Victorville, CA
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,180
Cap Rate 7%
$171,557
Cap Rate 9%
$133,433
Alternative Uses
Best Use
Multifamily LT 5
$171.6K
$150.1K – $200.2K
NOI $12,009 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$150.0K
$131.2K – $175.0K
NOI $10,498 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$220.3K
$192.8K – $257.1K
NOI $15,423 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
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Business Placement
Demographics for 92395, CA
47,556
Population
16,394
Households
2.9
Avg Household Size
34
Median Age
15%
College-Educated
81%
High-School Grad
16.9 sq mi
ZIP Area
2,814
Density / Sq Mi
$57,407
Median Household Income
$34,627
Median Earnings
$1,478
Median Rent
$335,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Bernardino County, CA
Properties on Market for Duplexes in San Bernardino County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has an open-plan layout, wall heating and cooling, and a one-bedroom, one-bathroom configuration.
Where is this duplex located?
The property is located at 15466 3rd St Victorville, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,040 SF duplex with open‑plan layouts; Wall heating and cooling in both units
