16440 Sequoia, Hesperia, CA 92345

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Sold Price
$2,900,000
List Price
$3,150,000
Closing Date
Jun 01, 2026
Status
CLOSED
MLS#
CV25263300
Year Built
1985
Lot Size
60,984
Acres
1.40
Lot Location
Street Level
Days on Market
127
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

** 16440 & 16460 Sequoia Street, Hesperia ** Pleased to exclusively present the opportunity to acquire the Sequoia Casitas located on two parcels at 16440 & 16460 Sequoia Street Hesperia, CA. The properties consists of the following: 16440 Sequoia Street Constructed in 1989, this 10-unit multifamily investment property is situated on a 30,450 square foot parcel with a building area of 6,076 square feet. The property consists of ten single story one bedroom/one bathroom floor plans, all with an attached single-car garage and large walk-in closets. The apartments are individually metered for gas & electricity and have enclosed private patios and wall air conditioning & heat. There is also an on-site laundry room (leased) and ten open parking spaces (two per unit including garages) and copper plumbing. The property is also on sewer. 16460 Sequoia Street Constructed in 1985, this 10- Unit multifamily investment property is situated on a 30,450 square foot parcel with a building area of 5,878 square feet. The property consists of six single story one bedroom/one bathroom floor plans and four single story two bedroom/one bathroom floorplans all with vaulted ceilings. The apartments are individually metered for gas & electricity and have individual water heaters and have enclosed private patios and wall air conditioning and heat. There are eighteen open parking spaces, an on-site laundry room (leased) and copper plumbing. The property is also on sewer. Strategically located within a quiet residential pocket of Hesperia, the properties are minutes from major transportation corridors including Interstate 15 and Main Street, offering direct access to Victorville, Apple Valley, and the Inland Empire corridor. Hesperia has emerged as one of the fastest-growing cities in San Bernardino County, fueled by strong population growth and a surge of logistics and industrial development. The nearby $161.9 million Amazon fulfillment center, along with recent large-scale investments from Prologis, FedEx, and XPO Logistics, has bolstered the local economy and driven sustained rental demand. Well-maintained single-story assets, and a strong position within a high-growth submarket, this offering presents a rare opportunity to acquire two contiguous Hesperia multifamily properties with both immediate income and long-term appreciation potential.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
10
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
20
Gross Scheduled Income
$292,272
Operating Expense
103485

Listing courtesy of Listing Agent: Douglas McCauley (doug.mccauley@marcusmillichap.com) from Listing Office: MARCUS & MILLICHAP.

Listing sold by David Covarrubias from MARCUS & MILLICHAP

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.