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
For sale
$2,246,000
16221 Vasquez Ave, Victorville, CA 92394
--beds
0baths
14,080sqft
Est.:
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
- 54 days
- on Zillow |
- 112 |
- 3 |
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#: 25552339

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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