Eight unit multifamily property built in 1992 in Hesperia, California. All eight units are single-story, two-bedroom, two-bathroom residences, each offering many of the features typically found in a single-family home. These include spacious garages with direct interior access, private backyards, washer and dryer hookups, and central air conditioning. Two detached units at the rear of the property offer additional privacy and may appeal to an owner-occupant. Situated on a 32,524-square-foot (0.75-acre) lot, the property offers approximately 6,912 square feet of living space, along with additional on-site parking and separately metered gas and electricity. The property has been professionally managed and well maintained, with recently paved asphalt reflecting pride of ownership. Located near Main Street in Hesperia, the property provides convenient access to shopping, restaurants, schools, and local services. Offered at $1,575,000, the property is priced at $196,875 per unit and $227.86 per square foot. The property offers a 6.08% current cap rate and a 10.67 GRM, with approximately 17.8% upside in rental income.

Listing courtesy of Oscar Diaz of Marcus & Millichap

Based on information from the The MLS as of 2026-10-29 03:10 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.