Multifamily Investment Property in
16518 Avalon Avenue, Victorville, CA 92395
18-unit multifamily property with value-add potential in a desirable location.
Type:Multifamily
Lot size:
1.18 Acres- Added:
- Apr 25, 2025
- Days on Market:
- 386
- Last Refresh:
- Mar 16 at 3:43 pm
Property Features for 16518 Avalon Avenue
General Information
- Standard status
- Active
- Lot size
- 1.18 Acres
- Property subtype
- Multifamily
Listing agent SEAN HWANGBO License #CA 1945497
Listing office Realty One Group
Listing date Apr 25, 2025
Source Crexi
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 Realty One Group
HighLights
- Value‑add opportunity in a desirable High Desert submarket.
- Proximity to major retailers such as Costco, Home Depot, WinCo Foods and St Marys Medical Center.
- Located near the future Brightline West High‑Speed Rail Terminal.
- All units are spacious two‑bedroom units (853 sq ft).
- Individually metered for gas & electricity.
- Amenities include dual‑pane windows, vinyl plank flooring, and detached enclosed garages.
Overview
This 18-unit multifamily investment property is located in Victorville, California, situated on 1.18 acres. The property offers investors the opportunity to acquire a value-add asset in a desirable submarket of the High Desert in the Inland Empire. The location provides convenient access to national and regional tenants, including Costco, Home Depot, and WinCo Foods, as well as St Marys Medical Center. It is also near the future Brightline West High-Speed Rail Terminal, which will provide rail service between California and Las Vegas, Nevada. Residents have easy access to the Victor Valley, including Adelanto, Apple Valley, Hesperia, and Victorville, with a population of over 173,000 within a 5-mile radius. Interstate 15 and State Route 18 offer convenient access to employment hubs throughout the Inland Empire, Los Angeles, and Orange County regions. The property consists entirely of two-bedroom units, each with 853 square feet of living space. Units are individually metered for gas and electricity and include dual-pane windows, dual-glass patio doors, vinyl plank flooring, and bathtubs (in most units), copper plumbing, detached enclosed garages, open space parking, a laundry facility, a swimming pool (not in use), and balconies/patios. The property caters to families and working professionals, evidenced by its historical occupancy. The offering presents significant value-add potential coupled with growing demand for this submarket.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Victorville
- County
- San Bernardino
- State
- California
- Longitude
- -117.303365
- Latitude
- 34.537622
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 18-unit multifamily property with value-add potential in a desirable location.
Where is this apartment building located?
The property is located at 16518 Avalon Avenue Victorville, CA.
What is the asking price?
The asking price for this property is $3,180,000.
What are key features of this property?
This property features: Value‑add opportunity in a desirable High Desert submarket.; Proximity to major retailers such as Costco, Home Depot, WinCo Foods and St Marys Medical Center.; Located near the future Brightline West High‑Speed Rail Terminal.
