17450 Sequoia, Hesperia, CA 92345

Hesperia
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
17450 Sequoia,Hesperia, CA 92345
$2,200,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david friedman
Office: realicore
MLS#:IG26223512
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,200,000

About this home

Extremely well-maintained 14-unit apartment community in a sought-after Hesperia neighborhood, featuring a uniform mix of 2 bed, 1 bath units. Recent improvements include new exterior paint and new landscaping, and the asphalt and roofing are well maintained. Amenities include a pool, covered parking for every unit, low-maintenance desert landscaping, and an on-site laundry room. The property offers a clear value-add opportunity. Comparable nearby leases support market rents of approximately $1,600 for 2 bed, 1 bath units. Current average rent at $1,140 per unit. Total current gross revenue of approximately $191,520 with a pro forma annual gross rent of $268,800. Offered at a ~7.3% cap rate and a pro forma cap rate of ~10.8%. Bonus revenue potential: The common-area laundry room is ready for new coin-operated machines, which local operators can install and service on a revenue-share basis. One tenant currently receives a rent discount for on-site management, giving a new owner...

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Home facts

  • Listing ID #:IG26223512
  • Added:6 day(s) ago
  • Updated:October 22, 2026 at 02:41 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1

Finances and disclosures

  • Price:$2,200,000

Features and amenities

  • Pool features:Community/Common
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