14025 Spruce, Hesperia, CA 92345
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$935,000
Est. payment /mo
0.41 Acres Lot
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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID HD26037575

HOA Y/N No

Year Built 1984

Lot Size 0.410 Acres

Property Sub-Type Apartment

Property Description

We are proud to present a fantastic opportunity to own this beautiful Fourplex property in Hesperia, CA. This investment property is currently being offered at a 6.27% cap rate and it features 2 bedrooms/2 baths, large living area, laundry hookups, private patios, individual garages for each unit. These units are spacious at ± 1,054 sq.ft per unit. This property has been exceptionally well maintained, reflecting consistent and attentive ownership. Over the years, it has undergone extensive upgrades and preventative maintenance to ensure long-term performance and curb appeal. Major exterior improvements include roof replacements and roofline repairs, full stucco restoration and exterior paint, new trim and front entry doors, as well as replacement of multiple steel garage doors. Interior and mechanical systems have also been thoughtfully updated. Improvements include HVAC system upgrades, updated water heaters, renovated kitchen countertops, and tile and flooring enhancements completed within the past decade. These apartments are in outstanding condition and demonstrate true pride of ownership. The property is highly desirable and easy to lease, with steady tenant demand driven by its prime location near retail shopping, schools, and convenient access to the 15 Freeway, making commuting simple and efficient. Additionally, the neighboring 4-unit property is also available, presenting a rare opportunity to acquire both assets and add a total of 8-units to your investment portfolio.

Location

State CA

County San Bernardino

Area Hsp - Hesperia

Interior

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Rural

Total Parking Spaces 4

Private Pool No

Building

Lot Description Street Level

Story 1

Sewer Septic Type Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 0405193140000

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit

Special Listing Condition Standard

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Listed by Randy Sanchez MGR Real Estate, Inc 760-684-2139, DRE #01180997

NEARBY SCHOOL & BUSINESS

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