Property Detail

15705 Tern Road

Victorville CA 92394

$1,250,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of ALBERT LE of LE INVESTMENT GROUP. Last updated 2026-08-12 08:10:57.000000. Listing information © 2025 CRMLS.

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