Add Listing
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    15166 Sequoia St Hesperia, CA 92345-0804

    • Apartment buildings
    • 13,605 SF
    • 1.05 lot acres
    OFF-MARKET
    Last Sale
    Aug 02, 2023
    Value Estimations
    $1,885,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1550529
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 15166 Sequoia St

    Year built
    2006
    Construction
    WOOD FRAME
    Lot size
    1.05 lot acres
    Property size
    13,605 SF
    Property type
    Apartment buildings
    APN
    0406-041-06-0000
    APU
    406041060000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,900,000
      Current use
      RETAIL STORES
      $3,025,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.333
    Latitude
    34.4692
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,554
    $138,211
    $1,448,201
    $1,586,412
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,780,000
      26,130 SF

      8890 G Ave

      APARTMENT HOUSE (5+ UNITS) • 26,130 SF
      8890 G Ave, Hesperia, CA 92345-6518
      View Details
    • Value Estimation by Request
      401,447 SF

      9800 Mesa Linda St

      APARTMENT HOUSE (100+ UNITS) • 401,447 SF
      9800 Mesa Linda St, Hesperia, CA 92345-4676
      View Details
    • Value Estimation
      $2,085,000
      10,586 SF

      16348 Sequoia St

      APARTMENT HOUSE (5+ UNITS) • 10,586 SF
      16348 Sequoia St, Hesperia, CA 92345-9607
      View Details
    • Value Estimation
      $1,195,000
      7,596 SF

      11891 1st Ave

      APARTMENT HOUSE (5+ UNITS) • 7,596 SF
      11891 1st Ave, Hesperia, CA 92345-1871
      View Details
    • Value Estimation
      $1,520,000
      13,432 SF

      17502 Sequoia St, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 13,432 SF
      17502 Sequoia St, Hesperia, CA 92345-1821
      View Details
    • Value Estimation
      $1,005,000
      7,596 SF

      11927 1st Ave

      APARTMENT HOUSE (5+ UNITS) • 7,596 SF
      11927 1st Ave, Hesperia, CA 92345-1875
      View Details

    Similar Nearby for Sale

    • $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
    • $475,000

      Hesperia Duplex Investment Opportunity

      Well-maintained duplex with updated units and reliable tenants.
      16396 Yucca St, Hesperia, CA 92345
      View Details
    • $410,000
      1,182 SF

      Hesperia Duplex For Sale

      Duplex in Hesperia, CA, with 1182 square feet.
      15990 Yucca St, Hesperia, CA 92345
      View Details
    • $599,000

      Hesperia Two-Unit Property For Sale

      Two-unit property in Hesperia with long-term tenants and planned upgrades.
      16531 Vine St, Hesperia, CA 92345
      View Details
    • $1,950,000
      8,792 SF

      Hesperia Retail and Multifamily Opportunity

      Retail property with additional multifamily building for sale in Hesperia.
      15928 7Th Ave, 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 Rd, Hesperia, CA 92345
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Remodeled Hesperia Apartment For Rent

      Remodeled 3-bedroom, 2-bathroom apartment with modern upgrades, ready for move-in.
      16214 Juniper St, Hesperia, CA 92345
      View Details
    • $12,500 /Mo
      17,400 SF

      Hesperia Warehouse and Office Space

      Commercial lease featuring warehouse and office space with freeway frontage.
      11768 Mariposa Rd, Hesperia, CA 92345
      View Details
    • Contact for pricing

      Hesperia Industrial Warehouse Lease Space

      Industrial/warehouse lease space in Hesperia, centrally located in the High Desert.
      17525 Alder 42, Hesperia, CA 92345
      View Details
    • $2,650 /Mo
      2,700 SF

      Hesperia Industrial Space For Rent

      Industrial space with roll-up doors suitable for various businesses.
      11129 G Ave, Hesperia, CA 92345
      View Details
    • $1.30 SF/Yr
      1,200 SF

      Flex Space with Office

      Multi-tenant building featuring office space and loading door.
      10690 G Ave, Hesperia, CA 92345
      View Details
    • Contact for pricing

      Retail Space in Hesperia Marketplace

      Highly visible retail suite in a proven trade area.
      15555 Main D7, Hesperia, CA 92345
      View Details
    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.
    15166 Sequoia St
    Hesperia, CA 92345-0804
    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!