Multifamily Income
15604 6th Victorville, CA 92395
For Sale
Contact for pricing
Downtown Victorville multiplex offers long-term tenants and about 1,479 sq. ft. of living space.
Property Size1,479 SF
Lot Size0.16 Acres
Price / SF$338.07
Days on Market53
Property Features for 15604 6th
General Information
- Standard status
- Active
- Size
- 1,479 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
Listing Agency:
Alta Realty Group
(909) 496-7145
Listed By:
Juan Cardenas · License #02006980
Source:
Crexi
Added: Jun 1
Changed: Jul 20
Last Checked: Jul 23 at 8:11AM
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 Alta Realty Group
Investment Insights
Based on property information with market context.
This multifamily multiplex at 15604 6th in Victorville offers approximately 1,479 sq. ft. of living space on a 7,100 sq. ft. lot. The property is described as having long-term tenants already in place with a consistent payment history. Buyers are encouraged to independently verify all aspects of the property, including permits, zoning, use, occupancy, unit count, bedroom and bathroom count, rental income, and compliance with local regulations.
The property is positioned in downtown Victorville and is close to shopping, schools, restaurants, and major commuter routes. The seller requests that tenants not be disturbed, and the property is available for drive-by viewing only. Interior inspections are subject to an accepted offer.
The property is positioned in downtown Victorville and is close to shopping, schools, restaurants, and major commuter routes. The seller requests that tenants not be disturbed, and the property is available for drive-by viewing only. Interior inspections are subject to an accepted offer.
Key Highlights
- Approximately 1,479 sq. ft. of living space on a 7,100 sq. ft. lot
- Multiplex in downtown Victorville with long‑term tenants in place
- Consistent tenant payment history reported
Financial Insights For Apartment 5plus
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 | $28.6k | $19.32 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $27.1k | $18.35 |
| − OpEx | −$12.2k | −$8.26 |
| NOI | $14.9k | $10.09 |
1,479 SF · lease $19.32/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$213.3K
$186.6K – $248.8K
NOI $14,930 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$313.3K
$274.2K – $365.6K
NOI $21,933 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Downtown Victorville multiplex offers long-term tenants and about 1,479 sq. ft. of living space.
Where is this multifamily property located?
The property is located at 15604 6th Victorville, CA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Approximately 1,479 sq. ft. of living space on a 7,100 sq. ft. lot; Multiplex in downtown Victorville with long‑term tenants in place; Consistent tenant payment history reported
