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14015 Spruce St
Hesperia, CA 92345
6.46% Cap Rate - Strong Rents · Multifamily Property For Sale · 4 Units

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Investment Highlights

  • 6.46% Cap Rate on Actual Income & Expenses - Strong Rents
  • Highly Desirable Rental Area of Hesperia
  • Exceptionally Well Maintained - Great Ownership
  • Neighboring Property Also For Sale - Opportunity to Purchase 8-Units Total

Executive Summary

MGR Real Estate, Inc. is proud to present a fantastic opportunity to own this beautiful Fourplex property in Hesperia, CA. This investment property is currently being offered at a 6.46% cap rate and it features 2 bedrooms/2 baths, large living area, laundry hookups, private patios, individual garages for each unit. These units are spacious at ± 1,054 sq.ft per unit.
This property has been exceptionally well maintained, reflecting consistent and attentive ownership. Over the years, it has undergone extensive upgrades and preventative maintenance to ensure long-term performance and curb appeal. Major exterior improvements include roof replacements and roofline repairs, full stucco restoration and exterior paint, new trim and front entry doors, as well as replacement of multiple steel garage doors.
Interior and mechanical systems have also been thoughtfully updated. Improvements include HVAC system upgrades, updated water heaters, renovated kitchen countertops, and tile and flooring enhancements completed within the past decade. These apartments are in outstanding condition and demonstrate true pride of ownership.
The property is highly desirable and easy to lease, with steady tenant demand driven by its prime location near retail shopping, schools, and convenient access to the 15 Freeway, making commuting simple and efficient.
Additionally, the neighboring 4-unit property is also available, presenting a rare opportunity to acquire both assets and add a total of 8 units to your investment portfolio.

Property Facts

Price Per Unit $320,149 CAD
Sale Type Investment
Cap Rate 6.46%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.41 AC
Building Size 4,216 SF
Average Occupancy 100%
No. Stories 1
Year Built 1983
Parking Ratio 1.17/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -

Property Taxes

Property Taxes

Parcel Number
0405-193-13
Land Assessment
$80,721 CAD
Improvements Assessment
$433,025 CAD
Total Assessment
$513,746 CAD
  • Listing ID: 39488962

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 14015 Spruce St, Hesperia, CA 92345

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