Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire the Sequoia Casitas, located in the rapidly growing high desert city of Hesperia. 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. The location benefits from proximity to Hesperia Civic Plaza Park, Hesperia Lake Park, and the Hesperia Golf & Country Club, providing residents with convenient outdoor recreation and community amenities. 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. The city’s evolving infrastructure and its designation as part of the High Desert Corridor Project continue to attract new business, workforce residents, and retail expansion. 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.