Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16010 Olive Hesperia, CA 92345

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $589,900

    Triplex in Hesperia with individual garages and backyards.

    Type:Investment
    Added:
    Apr 15, 2026
    Days on Market:
    6
    Last Refresh:
    Mar 31 at 4:27 am

    Property Features for 16010 Olive

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Frank Zuniga

    Listing agent Frank Zuniga License #01034057

    Listing office Stratton LFCA - INC.

    Listing date Apr 15, 2026

    Source Elliman

    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 Stratton LFCA - INC.

    Overview

    Hesperia Triplex with Garages

    This triplex property presents an opportunity for portfolio expansion. The property features three units, each with two bedrooms and one bathroom. Each unit includes individual backyards and a single-car garage. A large courtyard provides a common area for tenants. Additional parking accommodations are available. An owner's storage unit and individual laundry room are present, offering the potential to generate additional income.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.3132646
    Latitude
    34.4203063

    Nearby Similar for Sale

    • $425,000
      8,266 SF

      Hesperia Commercial Opportunity For Sale

      Prime commercial property in high-traffic location near the 15 Freeway.
      12699 Main, Hesperia, CA 92345
      View Details
    • $2,180,000
      6,193 SF

      Hesperia Commercial Property For Sale

      Seven-unit commercial property on a main thoroughfare, ideal for investors.
      14895 Bear Valley, Hesperia, CA 92345
      View Details
    • $1,399,000
      7,863 SF

      Hesperia Commercial Shopping Center

      7,863 SF shopping center in established commercial corridor.
      16937 Walnut Street, Hesperia, CA 92345
      View Details
    • $9,500,000
      3,500 SF

      Iconic Fuel Center Opportunity

      High-traffic fuel center with convenience store and expansion potential.
      6000 Mariposa Road, Hesperia, CA 92344
      View Details
    • $559,990
      1,976 SF

      Hesperia Duplex: Investment Opportunity

      Well-maintained duplex in Hesperia with strong rental potential.
      16594 Vine, Hesperia, CA 92345
      View Details
    • $220,000
      1,780 SF

      Hesperia Commercial Property For Sale

      Commercial property in a high-visibility location, ideal for retail.
      9777 Tamarisk Avenue, Hesperia, CA 92345
      View Details
    • $589,900
      2,262 SF

      Hesperia Triplex with Garages

      Triplex in Hesperia with garages and individual backyards.
      16010 Olive, Hesperia, CA 92345
      View Details
    • $475,000
      1,728 SF

      Hesperia Commercial Building on Main

      Standalone 1,728 SF commercial building on 0.35 acres.
      14377 Main Street, Hesperia, CA 92345
      View Details
    • $550,000
      1,728 SF

      Hesperia Duplex on Corner Lot

      Charming duplex in Hesperia, ideal for investment or owner-occupancy.
      16503 Smoke Tree, Hesperia, CA 92345
      View Details
    • $750,000
      3,264 SF

      Hesperia Quadruplex with Laundry Rooms

      Four-unit property in Hesperia, each with laundry and garage.
      17019 Olive St, Hesperia, CA 92345
      View Details
    • $850,000
      6,712 SF

      Commercial Building with Warehouse Space

      Freestanding commercial/light industrial building with office and warehouse space.
      11810 I Ave, Hesperia, CA 92345
      View Details
    • $3,800,000
      4,704 SF

      Premier Equestrian and Event Facility

      30+ acre equestrian facility with conditional use permit for racing.
      9983 Choiceana Avenue, Hesperia, CA 92345
      View Details

    FAQs

    What type of property is this?
    Triplex - Triplex in Hesperia with individual garages and backyards.
    Where is this triplex located?
    The property is located at 16010 Olive Hesperia, CA.
    What is the asking price?
    The asking price for this property is $589,900.
    What are key features of this property?
    This property features: Triplex property - ideal for investment portfolio.; Three units, each with 2 bedrooms and 1 bathroom.; Each unit includes a private backyard and single‑car garage.
    (562) 688-1767
    We can help!
    Listing Contact
    Frank Zuniga
    Real Estate License ID: 01034057
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!