For sale

Listed by: LE INVESTMENT GROUP • ALBERT LE • Contact: 909-256-7889

Price cut: $100K (7/1)

$1,250,000

15705 Tern Rd, Victorville, CA 92394

12beds

9baths

5,967sqft

$8,407/mo

Get pre-qualified

Triplex

Built in 2006

-- sqft lot

$1,216,400 Zestimate^®

$209/sqft

$-- HOA

What's special

HUGE $100,000 PRICE REDUCTION. Motivated Seller! A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 6.39% ProForma CAP rate and 11.57 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.

169 days

284

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 9

Appliances

Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 5,967
Total interior livable area: 5,967 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Garage
Garage spaces: 2

Features

Entry location: Ground
Pool features: None

Lot

Size: 0.5 Acres
Features: 0-1 Unit/Acre

Details

Parcel number: 3106211210000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Condition

New construction: No
Year built: 2006

Utilities & green energy

Sewer: Other
Water: Other

Community & HOA

Community

Features: Street Lights, Sidewalks

Location

Region: Victorville

Financial & listing details

Price per square foot: $209/sqft
Tax assessed value: $1,046,326
Annual tax amount: $13,163
Date on market: 2/24/2026
Cumulative days on market: 169 days
Listing terms: Submit

Estimated market value

$1,216,400

$1.16M - $1.28M

$1,867/mo

Price history

Date	Event	Price
7/1/2026	Price change	$1,250,000-7.4%$209/sqft
Source: CRMLS #IV26041261 Report a problem
4/6/2026	Price change	$1,350,000-5.3%$226/sqft
Source: CRMLS #IV26041261 Report a problem
2/25/2026	Listed for sale	$1,425,000+2467.6%$239/sqft
Source: CRMLS #IV26041261 Report a problem
5/31/2012	Listing removed	$1,175
Source: Aperture Realty Report a problem
5/1/2012	Listed for rent	$1,175
Source: Aperture Realty Report a problem
5/3/2005	Sold	$55,500$9/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,163 +6.9%	$1,046,326 +2%
2024	$12,316 +14.3%	$1,025,809 +65.5%
2023	$10,774 +44.1%	$620,000 -8.2%
2022	$7,476 +5.2%	$675,300 +15%
2021	$7,107 +0.8%	$587,200
2020	$7,052 +2.7%	$587,200 -5%
2019	$6,867 -6.3%	$618,400 +10%
2018	$7,331 +7.6%	$562,200 +7.5%
2017	$6,815	$523,000 -13.1%
2016	$6,815 +15%	$602,000 +12%
2015	$5,924 -14.4%	$537,500 +10%
2014	$6,921	$488,600 +15%
2013	--	$424,800 +18%
2012	--	$360,000
2011	--	$360,000 +174.8%
2009	--	$131,000 -49.4%
2008	--	$259,000 -0.3%
2007	--	$259,742