2 months on rocket

15563 5th St, Victorville, CA, 92395

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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15563 5th St, Victorville$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1940
MLS #CV24175181
Lot Size0.16 Acres
StatusActive

About 15563 5th St

We are pleased to exclusively offer for sale this well maintained asset that boasts a strong Cap Rate on current financials with a tremendous upside opportunity in rents. 15563 E. 5th Street offers a diverse mix of units: one spacious 2-bed/1-bath stand-alone cottage, three additional 2-bed/1-bath units, and two cozy 1-bed/1-bath units. The property offers ample on-site parking for tenants, and each unit is separately metered for electricity and gas, ensuring streamlined management and utility costs. A dedicated laundry facility, currently not in use, adds potential value. Recently, over $70,000 has been invested in capital improvements, enhancing the property’s appeal and functionality. With a current GRM of 10.12 and a cap rate of 6.86%, this asset promises stable cash flow and requires minimal maintenance. The city of Victorville, with a median household income of approximately $55,000, provides an affordable living environment for its residents. The city has experienced a moderate historical vacancy rate for apartments, indicating a steady demand for rental housing. Tenants are attracted to Victorville for its convenient access to major highways, diverse shopping options, and growing community amenities, making it an ideal place to call home.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX 2000 REALTY
  • Office Phone: (909) 645-0443
  • Listing Agent: Kristopher German

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Other

Directions Information:

  • Directions: East of I-15; Near the intersection of D St & 5th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $2,432
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Victorville, CA.

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Victorville, CA

City

Med. Sold Price

$439.3K

Med. Price/SqFt

$234

Avg. Days On Market

34

# of Sold Homes

107

15563 5th St vs Victorville

89 DAYS ON ROCKET

+55 Days

$850,000

+$410.6K More

KEY TAKEAWAY

This property is $410.6K more than the Median Sold Price in Victorville, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24175181

Listing Office:

  • Office Name: RE/MAX 2000 REALTY
  • Office Phone: (909) 645-0443
  • Listing Agent: Kristopher German

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,432$199,378
2020$2,349$197,334
2019$2,503$193,465
2018$2,452$189,671
2017$2,403$185,951

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-257532
10
/10

  • Sixth Street Preparatory

  • 15476 6th St

  • 0.15 miles

  • Public Charter Grades KG-6

school-card-donut-257533
2
/10

  • Del Rey AVID Elementary School

  • 15332 Del Rey Dr

  • 0.89 miles

  • Public District Grades KG-6

school-card-donut-257534
4
/10

  • Irwin Academy School of Performing Arts

  • 14907 S Mojave Dr

  • 0.96 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,706. The most common annual income of people living in Victorville, CA is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Victorville, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Victorville, CA?

Victorville's housing market is diverse, offering a range of options from single-family homes to multi-unit complexes. The architectural styles vary, with a prevalence of contemporary and ranch-style homes reflecting the area's development trends. The market is primarily composed of single-family residences, with a homeownership rate that is reflective of a community with a strong preference for owning over renting.

Is Victorville, CA a good place to live?

Victorville prides itself on a family-friendly atmosphere with a blend of suburban and semi-rural characteristics. The community is celebrated for its annual events, such as the San Bernardino County Fair, which showcases the local culture and fosters a sense of togetherness among residents.

Are things conveniently located in Victorville, CA?

The community is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a variety of learning preferences. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. Victorville also features a selection of retail and dining options that reflect the local culture, with city initiatives in place to adapt services to the evolving needs of its diverse population.

What does the transportation in Victorville, CA look like?

Victorville's transport infrastructure includes a range of options for both private and public transit. The area is served by a bus system that connects residents to key locations within the city and surrounding areas. The city's layout and road network facilitate commuting by car, with major highways providing access to neighboring cities and regions. While certain areas of Victorville are pedestrian-friendly, the community's spread-out nature makes private transportation a more common choice for many residents.

Frequently Asked Questions About 15563 5th St

What is the listing price of this property?

The listing price of 15563 5th St property is $850,000.

What type of property is this?

The property 15563 5th St is a condo located in Victorville, California, 92395.

Is this property for sale now?

Active Listing: 15563 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,432 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 15563 5th St is 1940.

Rocket Homes›California›San Bernardino County›Victorville›92395›15563 5th St

This home is located at 15563 5th St in Victorville, CA and zip code 92395. This home, which was built in 1940, sits on a 0.16 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $850,000.

Over 49 listings were sold over their listed price in October 2024 in Victorville, CA. In the same period over 32 listings were sold below the listed price and 26 listings were sold for the listed price. The number of homes for sale in Victorville, CA increased by 1.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $439,375.

From Rocket Homes Real Estate and based on county public records data.

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