Description
Presenting the exclusive opportunity to acquire the vasquez court apartments located at 16221 vasquez ave. built in 1984, the vasquez courts is comprised of eleven (11) townhouse-style units, each featuring a 2-bedroom, 2-bathroom layout. the uniform unit mix offers operational simplicity and consistent tenant demand, particularly among families and long-term renters seeking larger floorplans. the property has recently undergone significant capital improvements, including upgraded kitchens and bathrooms, new flooring, modern fixtures, fresh interior and exterior paint, and system enhancements, positioning the asset as a turn-key investment with minimal deferred maintenance. currently, nine (9) of the eleven (11) units are occupied, generating in-place income with immediate upside through the lease-up of the remaining two (2) vacancies at market rents, and the additional opportunity to refurbish the laundry room for additional income. the property is not subject to local rent control, allowing for full rent optimization and increased noi. ideally located near i-15 and within close proximity to major retail, schools, and regional employers, the vasquez courts benefits from strong tenant demand and a favorable long-term outlook in the rapidly growing high desert submarket. this offering represents a compelling opportunity for investors seeking a well-located, cash-flowing asset with value-add potential in one of southern california's most dynamic secondary markets
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
50193373
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 0
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Dishwasher
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1985
- Building Area Total: 14,080
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.8081
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 35200
-
Listing Information
Listing Price Information
- Original List Price: 2,246,000
- Listing Contract Date: 2025-06-16
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 0395052110000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VIC - Victorville
- Postal Code Plus 4: 1232
- Directions: South of Rancho Rd, North of Mojave Dr
- Source Property Type: Residential Income
- Area: VIC - Victorville
Building and Construction
- Property Age: 40
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 14080
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/21/2025 @ 07:49
- MLS: 25552339
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 14,080 sqft, 35,200 sized lot, and 0 parking. are nearby neighborhoods.