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    Property profile & analytics

    15522 3rd St Victorville, CA 92395-3114

    • Apartment buildings
    • 2,477 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Last Sale
    Apr 14, 2022
    $560,000
    Location Intelligence
    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.

    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 Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $485,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $505,000
      Mixed-Use
      $440,000
      Hospitality
      $535,000
      Educational
      $520,000
      Residential Income
      $505,000
      Energy
      $500,000
      Income-Based Land
      $450,000
      Food Service
      $410,000

    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

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      15735 Tokay St

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    • Value Estimation
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      View Details

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    15522 3rd St
    Victorville, CA 92395-3114
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    Realmo Value Estimation

    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.

    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.

    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
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