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$ 1,575,000
Est. payment /mo
New
8914 I AVE Hesperia, CA 92345
16 Beds
16 Baths
6,912 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,912 sqft
Price per Sqft $227
MLS Listing ID 26104847
Bedrooms 16
HOA Y/N No
Year Built 1992
Lot Size 0.747 Acres
Property Description
Eight unit multifamily property built in 1992 in Hesperia, California. All eight units are single-story, two-bedroom, two-bathroom residences, each offering many of the features typically found in a single-family home. These include spacious garages with direct interior access, private backyards, washer and dryer hookups, and central air conditioning. Two detached units at the rear of the property offer additional privacy and may appeal to an owner-occupant. Situated on a 32,524-square-foot (0.75-acre) lot, the property offers approximately 6,912 square feet of living space, along with additional on-site parking and separately metered gas and electricity. The property has been professionally managed and well maintained, with recently paved asphalt reflecting pride of ownership. Located near Main Street in Hesperia, the property provides convenient access to shopping, restaurants, schools, and local services. Offered at $1,575,000, the property is priced at $196,875 per unit and $227.86 per square foot. The property offers a 6.08% current cap rate and a 10.67 GRM, with approximately 17.8% upside in rental income.
Location
State CA
County San Bernardino
Area Hsp - Hesperia
Interior
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 16.0
Garage Description 16.0
Total Parking Spaces 8
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0410192070000
Special Listing Condition Standard
Listed by Oscar Diaz Marcus & Millichap #02022902