Request More Info
Schedule a Showing
Share
Print
|
Presenting the exclusive opportunity to acquire The Vasquez Court Apartments located at 16221 Vasquez Ave. Built in 1984, The Vasquez Courts is comprised of eleven (11) townhouse-style units, each featuring a 2-bedroom, 2-bathroom layout. The uniform unit mix offers operational simplicity and consistent tenant demand, particularly among families and long-term renters seeking larger floorplans. The property has recently undergone significant capital improvements, including upgraded kitchens and bathrooms, new flooring, modern fixtures, fresh interior and exterior paint, and system enhancements, positioning the asset as a turn-key investment with minimal deferred maintenance. Currently, nine (9) of the eleven (11) units are occupied, generating in-place income with immediate upside through the lease-up of the remaining two (2) vacancies at market rents, and the additional opportunity to refurbish the laundry room for additional income. The property is not subject to local rent control, allowing for full rent optimization and increased NOI. Ideally located near I-15 and within close proximity to major retail, schools, and regional employers, The Vasquez Courts benefits from strong tenant demand and a favorable long-term outlook in the rapidly growing High Desert submarket. This offering represents a compelling opportunity for investors seeking a well-located, cash-flowing asset with value-add potential in one of Southern California's most dynamic secondary markets
Property Type(s):
Residential Income
| Last Updated | 6/16/2025 | Year Built | 1985 |
|---|---|---|---|
| Community | VIC - Victorville | County | San Bernardino |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher |
| AREA | VIC - Victorville |
| HEAT | Central |
| LOT | 0.8081 acre(s) |
| STORIES | 2 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Signature Fine Estates, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email