$2,000,000
16585 Green Tree Boulevard, Victorville CA 92395
Multi-Family (8 Units)
Property type
361 days
On market
$261
Price per sqft
8 cars
Garage
1986
Year built
32,800 sqft
Lot size
Home highlights
Open Houses
Overview
Opportunity knocks for you. Building 16585 has 4 units and is 3,724 sq ft. Building 16597 has 4 units and is 3,952 sq ft. The total is 8 units. There are two parcels totaling approximately 32,800 square feet of land. Parking on site; each unit has one covered parking available. You can acquire this property to grow your real estate investment portfolio.
Listing provided by: Hank Hoang DRE #01421175 626-523-8787, Treeline Realty & Investment
Listing updated: May 24, 2026 at 01:55am.
Last checked: Jun 5, 2026 at 07:30am
Source: CRMLS #AR25129158
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $1,205 | $1,205 | $1,205 | Partially |
| 1 | 2 | 1 | 1 | $1,650 | $1,650 | $1,650 | Partially |
| 1 | 2 | 1 | 1 | $1,750 | $1,750 | $1,750 | Partially |
| 1 | 2 | 1 | 1 | $1,700 | $1,700 | $1,700 | Partially |
| 1 | 2 | 1 | 1 | $1,700 | $1,700 | $1,700 | Partially |
| 1 | 2 | 1 | 1 | $1,700 | $1,700 | $1,700 | Partially |
| 1 | 2 | 1 | 1 | $1,750 | $1,750 | $1,750 | Partially |
| 1 | 2 | 1 | 1 | $1,175 | $1,175 | $1,175 | Partially |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 8
Total Actual Rent: $12,630
Financial Snapshot
Gross Rent Multiplier
13.2x
List Price / Annual Gross Rent
Cap Rate
4.73%
NOI / List Price
Gross Scheduled Income: $151,560
Vacancy Allowance: $4,547
Operating Expense: $52,378
Net Operating Income: $94,635
Annual Operating Expenses
Electric: $1,800
Fuel: $1,200
Insurance: $6,000
New Taxes: $25,000
Professional Management: $7,578
Trash: $6,000
Water / Sewer: $4,800
Interior
Laundry: Laundry Room
Entry Location: Front Door
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Corner Lot
Pool: None
Water Source: Public
Sewer: Unknown
Garage and Parking
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 3090171130000
Additional Parcels: Yes
Tax Lot: 28
Community
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 16585 Green Tree Boulevard, Victorville, CA 92395. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,600,000
Total Interest
$2,040,712
Total Payment
$3,640,712
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,346
per month
Property History for 16585 Green Tree Boulevard
Victorville Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92395.
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