16221 Vasquez Avenue Victorville, CA $ 2,050,000
16221 Vasquez Avenue
$ 2,050,000
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16221 Vasquez Avenue

Victorville, CA, 92394
$ 2,050,000
Baths0.0 Sq 14,080

Monthly Estimate*

$ 12,789

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Studio

Multi-Family Home for sale in Victorville, CA

for $2,050,000. This 14,080 square foot home was built in 1985 on a lot size of 0.81.

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

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Multi-Family Active

Price

$ 2,050,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.81

Year Built

1985

Town/City

Victorville

County/Region

San Bernardino

MLS | Web ID

0025552339

Features
General
Living Area 14080.0
Heating Central
Cooling Central Air
Year Built 1985
Levels Two
County San Bernardino
Net Operating Income 112222.0
New Construction No
Property Type C
HOA No
Status Active
City Victorville
Senior Community Y/N No
MLS Area VIC - Victorville
Lot Size Units Square Feet
Lot Size Square Feet 35200.0
Property Attached Y/N Yes
Standard Status Active
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Interior
Kitchen Appliances Dishwasher
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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Exterior
Lot Size Area 35200.0
Pool Y/N? Yes
Building Area Total 14080.0
Lot Size Acres 0.81
Land Lease Type Fee
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* Excluded Features
List By
Tadeh Minassian

Listing Agent

Signature Fine Estates, Inc.

Broker

Affordability Calculator

$12,789
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,789
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2025$2,050,000 -6.65% Price Down
8/22/2025$2,196,000 -2.23% Price Down
6/16/2025$2,246,000 Listed Price

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16221 Vasquez Avenue, Victorville, CA, 92394 is a Multi-Family Home for sale at $2,050,000 with 14,080 sqft and a lot size of 0.81. 16221 Vasquez Avenue is a studio with 0.0 baths and was built in 1985. The property's zip code is 92394 which is in Victorville, CA