16221 Vasquez Avenue, Victorville, CA 92394 - Berkshire Hathaway HomeServices California Properties

16221 Vasquez Avenue, Victorville, CA 92394

$2,246,000 Approx. USD 0 beds, 0 baths
14,080 sqft

Listing Agent


Tadeh Minassian | tadeh@sigcre.net
Lic#: 01960390
Broker: Courtesy of Signature Fine Estates, Inc.

Co Listing Agent


Sahag Yedalian | sahagyedalian@gmail.com
Lic#: 02220205
Broker: Courtesy of Signature Fine Estates

Agent Remarks

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, 2.5-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

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25552339
Price: $2,246,000
Beds: 0
Baths: 0
Built in 1985
14,080 sqft
2 stories
0.81 acres
Lot size: 0.8081
County: San Bernardino
Appliances: Dishwasher
Heating/cooling: Central Air
Heating description: Central
MLS area: VIC - Victorville

Last Updated: 6/26/2025

 Days On Market (DOM): 24

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This listing belongs to the VIC - Victorville MLS area

Lat/Long: 34.545175, -117.337875.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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