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Sold on 06/01/2026
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16440 Sequoia, Hesperia, CA 92345

  • $2,900,000

    Last sold 06/01/2026 after 195 Days

  • bed

  • bath

Multi-family not for sale
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About 16440 Sequoia

Property type Multi-family
Year built 1985
HOA fee $0/month
Lot size 1.4 Acre
Parking 10 garage spaces
Rental estimate
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.
Listed by
Listing Agent - Douglas McCauley
Listing Agent Contact: 626-695-6776
Listing Office - MARCUS & MILLICHAP
Source: CRMLS mls logo
MLS#CV25263300 • last updated 2 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 1.4
Lot Size (SqFt) 60984
Year Built 1985
Interior
Laundry Community
Exterior
Building Area Square Feet, 11954
# Parking Spaces 38
# Garage Spaces 10
Lot Description Level With Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Bernardino
Community Features Street Lights, Sidewalks
Directions Follow I-15 N To Bear Valley Rd In Hesperia. Take Exit 147 From I-15 N
APN 414041150000
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 8768
Expense: Trash 11087
Laundry Income 2689
Operating Expense 103485
Cap Rate 5.8
Expense: Insurance 13130
Total Expenses 103485
Expense: Maintenance 13950
Expense: Water/ Sewer 13172
Gross Income 292272
Gross Operating Income 286193
Expense: Electric 1653
Gross Scheduled Income 292272
Expense: Fuel 688
Rental est.: $1,715/month
Gross rent multiplier: 140.9
  • Jun 2026
    mls logo MLS # CV25263300
  • Jun 2, 2026 Sold
    $2,900,000 (-7.9%)
  • Mar 27, 2026 Active
  • Jan 23, 2026 Price Change
    $3,150,000 (-6.3%)
  • Nov 18, 2025 Listed
    $3,360,000
  • 16440 Sequoia
    $2.9M
  • 92345
    $513K +2% y/y
  • Hesperia
    $519K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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