15705 Tern Rd

9
Baths
5,967 Sq. Ft.
$239 / Sq. Ft.
5,967
Sq. Ft.
$239
per Sq. Ft.

Description

A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 5.26% ProForma CAP rate and 13.19 GRM through legal annual rent increases, supported by strong in-place rents, long-term...A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 5.26% ProForma CAP rate and 13.19 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.
  1. Listed by ALBERT LE • DRE #01468313 • Brokerage DRE #01923766 • LE INVESTMENT GROUP • 909-256-7889

Property Details for 15705 Tern Road

Parking Spaces Total
2
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
5967
Assessor Parcel Number
3106-211-21-0000
Property Attached YN
false
LISTING UPDATED: 02/24/2026 10:27 PM

Property Details for 15705 Tern Road

StatusActive
MLS #IV26041261
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2006
Lot Size0.50 AC / 21,780 SF
CountySan Bernardino County

Location

Listing Courtesy of LE INVESTMENT GROUP, ALBERT LE, DRE #01468313
Add your commute

Building Information for 15705 Tern Road

Stories2Residences-Year Built2006Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$8,013 per month

30 year fixed, 6.11% Interest

Principal and Interest

$6,916

Property Taxes

$1,097

HOA Dues

$0

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Property Information for 15705 Tern Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $101,400
  • Gross Scheduled Income: $101,400
  • Net Operating Income: $69,059
Expense Details
  • Operating Expense: $27,271
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $27,271
Tax / Assessment Info
  • Tax Tract Number: 6174
  • CFD/Mello-Roos Fee: $12,178
  • Tax Lot: 26
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Other
  • Sewer: Other
  • Sewer/Septic: Other/Remarks
  • Utilities: Other/Remarks
  • Water Source: Other
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,750
  • Unit Type Total Rent: $2,750
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 15705 Tern Road

DateEvent & SourcePriceAppreciation
Feb 24, 2026

Listed (Active)

CRMLS #IV26041261

$1,425,000—
Feb 24, 2026

Listed (Active)

SDMLS #IV26041261

$1,425,000—
Feb 24, 2026

Listed (Active)

CLAW #IV26041261MR

$1,425,000—
Apr 13, 2005

Sold (Public Record)

Public Record #156169419

$55,500—
Apr 12, 2005

Sold (Public Record)

Public Record #1255402069

$55,500—
DateEvent & SourcePrice
02/24/2026

Listed (Active)

CRMLS #IV26041261

$1,425,000
02/24/2026

Listed (Active)

SDMLS #IV26041261

$1,425,000
02/24/2026

Listed (Active)

CLAW #IV26041261MR

$1,425,000
04/13/2005

Sold (Public Record)

Public Record #156169419

$55,500
04/12/2005

Sold (Public Record)

Public Record #1255402069

$55,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15705 Tern Road

Taxable ValueLand$232,640Additions$813,686Total$1,046,326
Tax Record2025$13,163 ($1,097 / month)
Home Facts
Total Finished SqFt1,989 SqFtAbove Grade Finished SqFt1,989 SqFtStories2Lot Size21,798 SqFtStyleTriplexYear Built2006Year Renovated2007CountySAN BERNARDINOAPN3106-211-21-0000Fireplace TypeHas Fireplace

Schools near 15705 Tern Road

This home is within Victor Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 6
Public - K to 6
Public - K to 6
Rating
School
Distance
Puesta Del Sol Elementary School
PublicK to 6

Challenger School Of Sports And Fitness
PublicK to 6

Brentwood Elementary School
PublicK to 6

Village Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

15705 Tern Road is a multi-family home for sale in Victorville, CA 92394. This property was listed for sale on February 24, 2026 by LE INVESTMENT GROUP, it's currently listed at $1,425,000. It has been on the market for a total of 27 days and was last sold on April 13, 2005. This listing's school districts are Victor Valley Union High School District, Victor Elementary School District. Nearby schools include Puesta Del Sol Elementary School, Challenger School Of Sports And Fitness and Brentwood Elementary School. 15705 Tern Road is a 12-bed, 9-bath, 5,967 sqft multi-family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LE INVESTMENT GROUP, ALBERT LE, DRE #01468313

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.