Quadplex With Garage
For Sale
$719,000
16450 Lariat, Victorville, CA 92395
Two updated units, on-site laundry, and mixed one- and two-story layouts support flexible occupancy.
Property Size2,767 SF
Days on Market54
Property Features for 16450 Lariat
General Information
Standard status
Active
Size
2,767 SF
Property subtype
Investment
Occupancy
75%
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
on-site laundry
Building Details
Building Size
2,767 SF
Year Built
1989
Units
4
Listing Agency:
full realty services inc
Listed By:
Natalie Wemmer · License #02182850
(714) 468-0819
Source:
Elliman
Added: Aug 24
Changed: Oct 8
Last Checked: Oct 15 at 12:58AM
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 full realty services inc
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Investment Insights
Based on property information with market context.
This four-unit residential income property was built in 1989 and combines single-story and two-story living arrangements. Three units are leased, while the remaining unit can be leased or considered for owner occupancy. Two units have been updated, and recent exterior paint adds to the property’s maintained presentation. Garage parking and on-site laundry are also included.
Located at 16450 Lariat Road in Victorville, the property is near shopping, dining, schools, parks, and everyday services. Interstate 15 provides access to surrounding High Desert communities and employment centers throughout Southern California. The property offers a combination of existing tenancy, flexible use of the vacant unit, and practical residential features.
Located at 16450 Lariat Road in Victorville, the property is near shopping, dining, schools, parks, and everyday services. Interstate 15 provides access to surrounding High Desert communities and employment centers throughout Southern California. The property offers a combination of existing tenancy, flexible use of the vacant unit, and practical residential features.
Key Highlights
- Four‑unit quadplex with three units currently leased
- Fourth unit available for leasing or potential owner occupancy
- Two units updated; recent exterior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,950
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,000
$639.0K
Cap Rate 7%
$456,429
$456.4K
Cap Rate 9%
$355,000
$355.0K
Market Conditions
NOI Build-Up for 2,767 SF
Gross rent
$48.1K $17.40/SF
− Vacancy
−$2.5K −$0.90/SF
EGI
$45.6K $16.50/SF
− OpEx
−$13.7K −$4.95/SF
NOI
$31.9K $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%
$639,000
Cap Rate 7%
$456,429
Cap Rate 9%
$355,000
Alternative Uses
Best Use
Multifamily LT 5
$456.4K
$399.4K – $532.5K
NOI $31,950 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$399.0K
$349.2K – $465.5K
NOI $27,932 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$586.2K
$512.9K – $683.9K
NOI $41,034 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two updated units, on-site laundry, and mixed one- and two-story layouts support flexible occupancy.
Where is this quadplex located?
The property is located at 16450 Lariat Victorville, CA.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Four‑unit quadplex with three units currently leased; Fourth unit available for leasing or potential owner occupancy; Two units updated; recent exterior paint
