Property Detail

15521 4th

Victorville CA 92395

$939,000

Status: Active

Property Details

Description

This Offering is 6 units in Victorville. Victorville is one of three major cities in the Upper Desert. We are located 25 miles north of San Bernardino. The Upper Desert comprises of 500,000+/- people & has all major retail/office businesses. The major cities are Victorville, Apple Valley, & Hesperia. The Upper Desert multifamily market is very strong, with low crime, attractive neighborhoods, and has low vacancy rates! This Offering is located on the east side of Victorville, The east side of Victorville is the most desirable area of Victorville, located adjacent to the most prestigious area of the Upper Desert, the Desert Knolls area of Apple Valley. This Offering consists of one 3 bedrooms 2 baths, and five 1 bedrooms 1 baths. All units have separately metered gas and electric that tenants sign up and pay for. There are not other common area expenses, and landlord pays water and trash. All expenses are detailed in the SUPPLEMENTS attached. This complex has the following fine amenities. *Newer roofs. *Updated plumbing/electric *Newer tile floors. *Updated appliances. *Updated cabinetry. *All units have been rehabbed. *Laundry room. *Laundry hook ups. *Private tenant yards. * 15 parking stalls *Ceiling fans throughout. *Beautiful low maintenance/cost landscaping. The complex is heated by wall furnace, and cooled by window AC's and swamp coolers. Therefore no need for landlord worrying about high cost replacement of AC's, and no need to worry about tenant affording cooling in the summer time. Running a swamp cooler is like running a light bulb!! All tenants are in good standing and always pay rent on time! THIS COMPLEX REALLY PERFORMS! PLEASE SEE THE FOLLOWING GREAT RETURNS AT ACTUAL AND MARKET RENTS: At actual rents, WE'RE PERFORMING AT A POSITIVE CASH FLOW! We're putting out an annual gross income of $92,480, a 10.16 Gross Rent Multiplier, a 7.93% Cap Rate, and a double digit 12.79% Cash on Cash return, or aka, A POSITIVE CASH FLOW OF $24,020 ANNUALLY!!! At market rents, WE'RE POSITIVE CASH FLOW ON STERIODS! We're putting out an annual gross income of $112,800, a 8.32 Gross Rent Multiplier, a 10.08% Cap Rate, and AN EYEOPENING ROBUST 23.53% Cash on Cash return, or aka, A POSITIVE CASH FLOW OF $44,180 ANNUALLY!!! All financials, rent roll, rent comps, and income/ expenses, are located in SUPPLEMENTS attached. This multifamily has one of the highest returns in So Cal! SELLER IS MOTIVATED & READY TO DEAL!

Map Location

Listing provided courtesy of Tony Burton of Burton Commercial, Inc.. Last updated 2025-12-15 09:11:19.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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