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For sale
  • $2,246,000

    16221 Vasquez Ave, Victorville, CA 92394

    --beds
    0baths
    14,080sqft
    : 
    Multi Family
    Built in 1985
    -- sqft lot
    $2,182,300 Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Modern fixturesTownhouse-style unitsNew flooringUpgraded kitchens and bathrooms
    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
    54 days
    on Zillow
    |
    112
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: June 25, 2025 at 11:46am

    Listed by:

    Tadeh Minassian DRE # 01960390 818-468-9488,

    Signature Fine Estates, Inc. 626-429-9740,

    Sahag Yedalian DRE # 02220205 626-319-3606,

    Signature Fine Estates

    Source: CLAW,MLS#: 25552339MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 16221 Vasquez Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range/Oven, Dishwasher
    Interior area
    • Total structure area: 14,080
    • Total interior livable area: 14,080 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Garage Is Detached
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.81 Acres
    Details
    • Additional structures: Shed(s)
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1985

    Community & HOA

    Location
    • Region: Victorville

    Financial & listing details

    • Price per square foot: $160/sqft
    • Tax assessed value: $785,037
    • Date on market: 6/16/2025
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