15522 3rd St Victorville, CA 92395-3114
Property profile & analytics
15522 3rd St Victorville, CA 92395-3114
- Apartment buildings
- 2,477 SF
- 0.16 lot acres
Property ID
US10-1553673
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.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 15522 3rd St
- Year built
- 1952
- Construction
- WOOD FRAME
- Lot size
- 0.16 lot acres
- Property size
- 2,477 SF
- Property type
- Apartment buildings
- APN
- 0478-241-03-0000
- APU
- 478241030000
Description
This exceptional investment opportunity presents a well-maintained, five-unit apartment building located at 15522 3rd St, Victorville, CA 92395. The property, situated on a 0.163-acre lot, boasts 7,100 total square feet with 2,477 square feet of net rentable space. Built in 1952 and extensively renovated in 2021, this Class C multifamily property features two one-story buildings. Currently operating at 80% occupancy, the property offers five units, each designed for comfortable living. The asking price is $680,000, translating to $136,000 per unit and a price per square foot of $95.77. The property's strong performance is reflected in its 6.40% cap rate. This is a fantastic opportunity for investors seeking a solid return on investment in a desirable location. The property's convenient location in Victorville provides easy access to essential amenities, shopping, and transportation. The spacious lot presents potential for future expansion or improvements. The property is offered for sale by owner and is held under joint ownership. The APN is 0478-241-03-0000. There is no ground lease associated with this property. This is a turnkey investment ready for immediate income generation.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $545,000
- ML approach
- $675,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $415,000
- 6.5%
- $385,000
- 7%
- $355,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $530,000 Current use
- AUTO REPAIR, GARAGE
- $755,000 Change: +43% Conversion: Difficult
- MEDICAL BUILDING
- $715,000 Change: +36% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $665,000 Change: +26% Conversion: Difficult
- RETAIL STORES
- $550,000 Change: +4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Victorville
- County
- San Bernardino
- State
- California
- Longitude
- -117.299
- Latitude
- 34.5371
- 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
$6,918
$78,030
$504,594
$582,624
-
$0.00
$0.00
$0.00
