33-Unit Apartment Community and
For Sale
Contact for pricing
17990 Bangor Ave, Hesperia, CA 92345
Built in 1970, the 33-unit community includes studio and two-bedroom units and is 100% occupied, plus an adjacent vacant parcel.
Property SizeContact for details
Lot Size1.53 Acres
Days on Market157
Property Features for 17990 Bangor Ave
General Information
Standard status
Active
Class
B
Lot size
1.53 Acres
Property subtype
Multifamily
Zoning
LAM2
Occupancy
100%
Additional Details
Utilities to Site
Yes
Multifamily Units
33
Building Details
Year Built
1970
Buildings
1
Stories
2
Units
33
Listing Agency:
Victor Martinez & Associates
Listed By:
Taaha Sabir · License #02129994
Source:
Crexi
Added: Apr 2
Changed: Aug 8
Last Checked: Sep 4 at 10:56AM
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 Victor Martinez & Associates
Investment Insights
Based on property information with market context.
Martinez & Associates, Inc. is pleased to present the opportunity to acquire Grube Hesperia Inn, a multifamily investment consisting of a 33-unit apartment community and an adjacent vacant parcel sold together. The apartment community was built in 1970 and includes 31 studio units and 2 two-bedroom, one-bathroom units with bonus rooms. The property is 100% occupied and is described as being fully serviced by city utilities.
The combined offering includes the apartment community on approximately 1.11 acres and a contiguous 0.42-acre vacant parcel for a total site area of approximately 1.53 acres. The property is located in Hesperia, California, near Hesperia Golf & Country Club.
The efficient unit mix and stabilized occupancy support a straightforward operating profile in a long-term hold context, with the adjacent vacant parcel offering value-add or development optionality subject to buyer due diligence and applicable approvals.
The combined offering includes the apartment community on approximately 1.11 acres and a contiguous 0.42-acre vacant parcel for a total site area of approximately 1.53 acres. The property is located in Hesperia, California, near Hesperia Golf & Country Club.
The efficient unit mix and stabilized occupancy support a straightforward operating profile in a long-term hold context, with the adjacent vacant parcel offering value-add or development optionality subject to buyer due diligence and applicable approvals.
Key Highlights
- 33‑unit apartment community built in 1970 on approximately 1.11 acres
- Unit mix includes 31 studio units and 2 two‑bedroom, one‑bath units with bonus rooms
- 100% occupied with stable, in‑place tenancy
Property Analytics
Property Profile
Current Use
Lease Details
33
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 92345, CA
86,499
Population
27,247
Households
3.2
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
98.9 sq mi
ZIP Area
875
Density / Sq Mi
$65,949
Median Household Income
$37,235
Median Earnings
$1,499
Median Rent
$359,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1970, the 33-unit community includes studio and two-bedroom units and is 100% occupied, plus an adjacent vacant parcel.
Where is this apartment building located?
The property is located at 17990 Bangor Ave Hesperia, CA.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: 33‑unit apartment community built in 1970 on approximately 1.11 acres; Unit mix includes 31 studio units and 2 two‑bedroom, one‑bath units with bonus rooms; 100% occupied with stable, in‑place tenancy
