USACAHesperia17450 Sequoia
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New
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$2,200,000

For Sale

2 days ago

17450 Sequoia, Hesperia, CA

Condo

MLS® IG26223512

0 Bed

0 Bath

--

22 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1985
MLS® Number IG26223512

Property Address: 17450 Sequoia, Hesperia, CA, 92345

Average square foot calculated using Size range provided by listing agent.

Description

Extremely well-maintained 14-unit apartment community in a sought-after Hesperia neighborhood, featuring a uniform mix of 2 bed, 1 bath units. Recent improvements include new exterior paint and new landscaping, and the asphalt and roofing are well maintained. Amenities include a pool, covered parking for every unit, low-maintenance desert landscaping, and an on-site laundry room. The property offers a clear value-add opportunity. Comparable nearby leases support market rents of approximately $1, 600 for 2 bed, 1 bath units. Current average rent at $1, 140 per unit. Total current gross revenue of approximately $191, 520 with a pro forma annual gross rent of $268, 800. Offered at a ~7.3% cap rate and a pro forma cap rate of ~10.8%. Bonus revenue potential: The common-area laundry room is ready for new coin-operated machines, which local operators can install and service on a revenue-share basis. One tenant currently receives a rent discount for on-site management, giving a new owner flexibility in how the property is run. The property is close to major employers, including Victor Valley College, Desert Valley Hospital, and Southern California Edison’s regional offices. It is within one mile of seven shopping centers anchored by Vons, ALDI, WinCo Foods, Grocery Outlet, Stater Bros., Target, Home Depot, Lowe’s, and Cinemark. Nearby schools include Mountain View Montessori, Endeavor School of Exploration, Excelsior Charter Schools, and Mojave Vista School of Cultural Arts. Hesperia is one of the fastest-growing cities in California, with population growth of more than 10% over the past decade and 3.5%+ since 2020, and an average household income of approximately $72, 000.
MLS® NumberIG26223512
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1985
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 15, 2026List Date
$2,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
17450 Sequoia, Hesperia, CA

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