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Duplex with Renovation Needs
For Sale
$333,000

15720 Mojave Drive, Victorville, CA 92394

Built in 1957, the property is described as a fixer-upper.

Property Size1,316 SF
Price / SF$253.04
Days on Market147

Property Features for 15720 Mojave Drive

General Information

Standard status Active
Size 1,316 SF
Property subtype Duplex

Property Condition

Severity Repairs Needed
Evidence fixer upper

Site & Location

Neighborhood Ngbhd-0000048
Highway Access Yes

Building Details

Building Size 1,316 SF
Year Built 1957
Listing Agency: CENTURY 21 EXPERIENCE
Listed By: Tammy Safi · License #01487966
Source: Give2giverealty
Added: Jun 6 Changed: Oct 26 Last Checked: Oct 26 at 4:17PM

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 CENTURY 21 EXPERIENCE

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,316-square-foot duplex was built in 1957 and is described as a fixer-upper. Its existing condition is a key consideration for evaluating the property.

The property is on Mojave Drive in Victorville, near I-15.

Key Highlights

  • 1,316 square feet
  • Built in 1957
  • Described as a fixer‑upper

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,195
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,900 $303.9K
Cap Rate 7%
$217,071 $217.1K
Cap Rate 9%
$168,833 $168.8K
Market Conditions
NOI Build-Up for 1,316 SF
Gross rent
$22.9K $17.40/SF
− Vacancy
−$1.2K −$0.90/SF
EGI
$21.7K $16.50/SF
− OpEx
−$6.5K −$4.95/SF
NOI
$15.2K $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%
$303,900
Cap Rate 7%
$217,071
Cap Rate 9%
$168,833

Alternative Uses

Best Use
Multifamily LT 5
$217.1K
$189.9K – $253.3K (±1% cap)
NOI $15,195 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$189.8K
$166.1K – $221.4K (±1% cap)
NOI $13,285 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$278.8K
$244.0K – $325.3K (±1% cap)
NOI $19,516 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby

Demographics for 92394, CA

41,057
Population
10,217
Households
4
Avg Household Size
32
Median Age
13%
College-Educated
76%
High-School Grad
32.0 sq mi
ZIP Area
1,283
Density / Sq Mi
$75,430
Median Household Income
$37,532
Median Earnings
$1,564
Median Rent
$340,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Duplex - Built in 1957, the property is described as a fixer-upper.
Where is this duplex located?
The property is located at 15720 Mojave Drive Victorville, CA.
What is the asking price?
The asking price for this property is $333,000.
What are key features of this property?
This property features: 1,316 square feet; Built in 1957; Described as a fixer‑upper
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Includes: Price & PSF · Cap rate · Location · Zoning

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