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$575,000   Price Analysis
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15574 2nd St
Victorville, CA 92395
6 bed 3 bath 2,077 SqFt ($276/SqFt)
0.33 acre lot. Built 1941
Listed 2024-07-06, Taxes $1,079
Ⓧ USDA Ineligible
due to location

near Victorville

The perfect place to invest and increase your real estate portfolio with this incredible opportunity

3 units in ne lot. All 3 units are occupied, you will have astounding cash flow. First unit 15574 2nd St offers 4 bedrooms, 1 bathroom, laundry and basement.

2nd unit 15578 2nd St offer 1 bedroom, 1 bath, laundry and basement. 3rd unit 15576 2nd St 1 bedroom , 1 bath and laundry. Units are individually metered for gas and electricity. Drive by only. Do not disturb tenants.


Presented by Alba M Murcia-Riano at
Merci Real Estate.
Listing Agent Photo

Property MLS #HD24137888 from CRMLS

Bedrooms: 6

Appliances: Gas & Electric Range
Appliances YN: Yes
Laundry Features: In Kitchen

All Bedrooms Down, Basement

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 3

Flooring: Tile
Window Features: Screens

Fencing: Fence YN: Yes, Fencing: Chain Link

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.326
Lot Size Source: Assessor
Lot Size Square Feet: 14200

Parking Features: Parking YN: Yes, Parking Features: Unassigned

View: Hills

Number of Units: 3
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2
Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Suburban

Source Listing Status: Active
County: San Bernardino
Cap Rate: 8.24
Source Property Type: Residential Income
Insurance Expense: 1220.00
Area: VIC - Victorville
Source Neighborhood: VIC - Victorville
New Taxes Expense: 3570.50
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 0478243110000
Postal Code Plus 4: 3162
Trash Expense: 2490.40
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$63,267 + $24,027
$87,294
$1,079
2021$62,026 + $23,556
$85,582
$1,081
2020$61,390 + $23,314
$84,704
$1,059
2019$60,186 + $22,857
$83,043
$1,042
2018$59,006 + $22,409
$81,415
$1,108
2017$57,849 + $21,970
$79,819
$1,086
2016$56,715 + $21,539
$78,254
$1,065
2015$55,863 + $21,215
$77,078
$1,028
2014$54,769 + $20,799
$75,568
$1,009
2013$54,521 + $20,705
$75,226
$1,011
2012$53,452 + $20,299
$73,751
$953
2011$52,404 + $19,901
$72,305
$915
2010$52,012 + $19,752
$71,764
$907
2009$52,136 + $19,799
$71,935
$867
2008$51,114 + $19,411
$70,525
$801
2007$50,112 + $19,030
$69,142
$783

Price Changed 2024-07-22
$575,000
CRMLS
Listed 2024-07-06
$565,000
CRMLS
Sold 2023-06-20
$412,000
CRMLS
Listed 2023-04-30
$537,000
CRMLS
Sold 1993-04-23
$55,000
Public Record
Sold 1977-07-01
$30,000
Public Record

Net Operating Income: 37163.90

Total Square Feet Living: 2077
Year Built: 1941
Building Features: 3
Common Walls: No Common Walls
Construction Materials: Concrete
Entry Level: 1
Entry Location: 1
Property Age: 83
Roof: Composition
Levels or Stories: One
Structure Type: Triplex
Year Built Source: Public Records

Sewer: Sewer: Sewer Paid, Water Sewer Expense: 1954.20
Electricity Available
Electricity Connected
Natural Gas Available
Natural Gas Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public

Victor Valley High School is a public high school located approximately 0.7 miles away.
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Del Rey Elementary School is a public elementary school located approximately 0.9 miles away.
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Lakeview Leadership Academy is a public middle and high school located approximately 4.5 miles away.
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High Desert Haven Non Public School is a private elementary, middle and high school located approximately 1.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.