$3,180,000
16518 Avalon Avenue, Victorville CA 92395
Multi-Family (18 Units)
Property type
5 days
On market
$207
Price per sqft
18 cars
Garage
1985
Year built
51,400 sqft
Lot size
Home highlights
Open Houses
Overview
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. HIGHLIGHTS: Located in Opportunity Zone | Built 1985 | 100%...
Listing provided by: Sean Hwangbo DRE #01945497 626-679-7947, TNG REAL ESTATE CONSULTANTS
Listing updated: Jun 11, 2026 at 10:18pm.
Last checked: Jun 16, 2026 at 06:00am
Source: CRMLS #CV26126117
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 18 | 2 | 1 | 1 | $26,089 | $26,089 | $28,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 18
Separate Electric Meters: 19
Separate Gas Meters: 19
Separate Water Meters: 1
Rent Control: No
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.2x
List Price / Annual Gross Rent
Cap Rate
6.27%
NOI / List Price
Gross Scheduled Income: $313,068
Vacancy Allowance: $15,653
Operating Expense: $105,300
Net Operating Income: $199,315
Annual Operating Expenses
Electric: $844
Gardener: $3,000
Fuel: $467
Insurance: $20,054
Maintenance: $7,479
Pest Control: $1,125
Professional Management: $15,231
Trash: $1
Water / Sewer: $1
Other Expense: $14,373
Interior
Flooring: Vinyl
Cooling: Central Air
Heating: Central
Laundry: Common Area, Laundry Room
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Composition
Common Walls: Two Common Walls Or More
Lot Features: Sixteen To Twenty Units Acre
Pool: Community
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage and Parking
Parking: Garage
Garage Spaces: 18
Uncovered Spaces: 18
Parking Total: 36
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0478061390000
Additional Parcels: No
Tax Lot: 2
Community
Senior Community: No
Community Features: Street Lights, Suburban, Valley, Pool