16518 Avalon Avenue
Victorville, CA 92395
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1985 build
- – on site
We are pleased to exclusively present an 18-unit multifamily investment property located in the City of Victorville, California. Situated on 1.18 acres, the offering presents the opportunity for investors to acquire a value-add asset in one of the most desirable submarkets of the High Desert in the Inland Empire. The property is located within short commute to national/regional tenants that include Costco, Home Depot, WinCo Foods as well as St Mary’s Medical Center and within proximity to the future Brightline West High-Speed Rail Terminal provided rail service between California and Las Vegas, Nevada.. The community grants residents' easy access to the entire Victor Valley consisting of Adelanto, Apple Valley, Hesperia, and Victorville that consists of over 173,000 people within a 5-mile radius. Interstate 15 and State Route 18 grant convenient access to surrounding employment hubs throughout the Inland Empire, Los Angeles & Orange County regions. The subject property consist entirely of two-bedroom units with 853 square feet of living space. Units are individually metered for gas & electricity with amenities that include(s): dual-pane windows, dual-glass patio doors, vinyl plank flooring & bathtubs (most units), copper plumbing, detached enclosed garages, open space parking, laundry facility, swimming pool (not in use), and balconies/patios. The strong demand for rentals in the area is evidenced by its historical occupancy as it caters to families & working professionals alike. With significant value-add potential coupled with growing demand for this submarket, the offering presents investors the opportunity to acquire an appreciating, cash flowing asset with additional upside through continued renovation & proactive management to capture upside in rents achievable at the property.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 22, 2025
•
MLS# CV25087291 —
The Building
-
Year Built:1985
-
Year Built Source:Public Records
-
New Construction:No
-
Building Area Total:15345.00
-
Building Area Units:Square Feet
-
Total Number Of Units:18
-
# of Buildings:5
-
Stories Total:2
-
Entry Level:1
-
Common Walls:2+ Common Walls
-
# of Separate Gas Meters:19
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:19
Interior
-
Levels:Two
-
Entry Location:1
-
Laundry:Individual Room
-
Laundry:1
Location
-
Directions:16518 Avalon Ave, Victorville, CA
-
Latitude:34.53762100
-
Longitude:-117.30336500
The Property
-
Property Type:Residential Income
-
Subtype:Apartment
-
Lot Features:16-20 Units/Acre
-
Lot Size Area:51400.0000
-
Lot Size Acres:1.1800
-
Lot Size SqFt:51400.00
-
Lot Size Source:Assessor
-
Property Attached:1
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:98.00
-
Tax Tract:2974
-
Tax Lot:2
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:0478061390000
Utilities
-
Sewer:Public Sewer
-
Water Source:Private
The Community
-
Features:Curbs, Sidewalks
-
Association:No
-
Pool:Private
-
Senior Community:No
-
Private Pool:Yes
Parking
-
Parking Spaces:36.00
-
Garage Spaces:18.00
-
Uncovered Spaces:18.00
Extra Units
-
Average 2 Bed Area:853
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/21/25
Apr 21, 2025
|
Listed / Active | CRMLS_CA | $3,384,000 | 35.4% (20.8% / YR) |
|
8/11/23
Aug 11, 2023
|
CRMLS_CA | $2,500,000 | -2.0% | |
|
5/12/23
May 12, 2023
|
CRMLS_CA | $2,550,000 |
