15705 Tern Road, Victorville, CA 92394

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Sold Price
$1,250,000
List Price
$1,250,000
Status
CLOSED
Days on Market
181
Closing Date
Oct 07, 2026
MLS#
IV26041261
Subtype
Residential Income
Year Built
2006
Lot Size
21,780
Acres
0.50
MLS Area Major
Victorville (VIC)

Property Description

HUGE $100,000 PRICE REDUCTION. Motivated Seller! A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 6.39% ProForma CAP rate and 11.57 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.

Additional Information

Pool Type
None
Parking Features
Driveway, Garage
Garage Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: ALBERT LE (albert.le@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.

Selling Office: Rosalva Olivarria, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.