$1,525,000
$1,695,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
0.5 Acres Lot
SOLD DATE : 10/27/2025
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25157357
Sold Date 10/27/25
Bedrooms 6
Lot Size 0.495 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Great Investment Opportunity with Upside! 11 units in Apple Valley! 6.0% Current CAP Rate. 7.7% Market CAP Rate (8.4% Market CAP rate w/ added ADU. ADU opportunity for the back garage space. One (1) 3BR 1BA and ten (10) 1BR 1BA units. 10 carport spaces and 1 garage (being cleared for ADU). 10 of 11 units have been refurbished within the last 6 years. Most windows have been upgraded to new dual pane windows. All landscaping was redone in full "desertscape" 3 years ago. Units always have rented quickly. Quiet tenants. Quiet Bldg. On site laundry income (WASH machines leased)
Location
State CA
County San Bernardino
Zoning Assessor
Direction 1/4 mile east of US Hwy 18 & Tao St intersection
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0473037030000
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with Prisca Anes T.N.G Real Estate Consultants
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1420 Kettner Blvd Suite 100, Diego, California, 92101, United States