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Sold for $1,250,000
  • Listed by: LE INVESTMENT GROUP • ALBERT LE • Contact: 909-256-7889
    Bought with: Rosalva Olivarria, Broker
    $1,250,000

    15705 Tern Rd, Victorville, CA 92394

    12beds
    9baths
    5,967sqft
    Triplex
    Built in 2006
    -- sqft lot
    $1,249,900 Zestimate®
    $209/sqft
    $1,636 Estimated rent

    Home value

    $1,249,900

    $1.14M - $1.37M

    $1,636/mo

    Zestimate® history
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    $1,636/mo

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    Rent Zestimate®

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    $8,442/mo

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    $8,442/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    ALBERT LE DRE #01468313 909-256-7889,

    LE INVESTMENT GROUP

    Bought with:

    Rosalva Olivarria, DRE #01193841

    Rosalva Olivarria, Broker

    Source: CRMLS,MLS#: IV26041261MLS LogoOriginating MLS: California Regional MLS

    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: $1,067,253
    • Date on market: 2/24/2026
    • Cumulative days on market: 181 days
    • Listing terms: Submit

    Price history

    DateEventPrice
    10/7/2026Sold$1,250,000$209/sqft
    Source: CRMLS #IV26041261 Report a problem
    9/30/2026Pending sale$1,250,000$209/sqft
    Source: CRMLS #IV26041261 Report a problem
    9/15/2026Contingent$1,250,000$209/sqft
    Source: CRMLS #IV26041261 Report a problem
    8/28/2026Pending sale$1,250,000$209/sqft
    Source: CRMLS #IV26041261 Report a problem
    8/25/2026Listing removed$1,250,000$209/sqft
    Source: SDMLS #IV26041261 Report a problem
    7/1/2026Price change$1,250,000-7.4%$209/sqft
    Source: CLAW #IV26041261MR Report a problem
    4/6/2026Price change$1,350,000-5.3%$226/sqft
    Source: CLAW #IV26041261MR Report a problem
    2/25/2026Listed for sale$1,425,000+2467.6%$239/sqft
    Source: CLAW #IV26041261MR Report a problem
    5/31/2012Listing removed$1,175
    Source: Aperture Realty Report a problem
    5/1/2012Listed for rent$1,175
    Source: Aperture Realty Report a problem
    5/3/2005Sold$55,500$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,067,253 +2%
    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
    Find assessor info on the county website

    Neighborhood: 92394

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,249,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,249,900