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15705 Tern Road, 
Victorville, CA 92394

$1,350,000

12

Beds

9

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Albert Le

Le Investment Group

Last updated:

May 15, 2026, 02:02 PM

MLS#

IV26041261

Source:

San Diego MLS via CRMLS

About This Home

15705 Tern Road

RECENT $75,000 PRICE REDUCTION. A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 5.62% ProForma CAP rate and 12.50 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.

Home Facts

Multi-Family

9 Baths

12 Bedrooms

Price Summary

1,350,000

MLS #:

IV26041261

Last Updated:

May 15, 2026, 02:02 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

9

Finances & Disclosures

Finances

Price:

$1,350,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.