19170 US Highway 18, Apple Valley, CA 92307 - MLS#PW25157357

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,695,000

Est. payment | -/mo

6 Beds

4 Baths

Save

$ 1,695,000

Est. payment | -/mo

Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25157357

Bedrooms 6

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

Tax ID 0473037030000

Listed by Gary Ruhlen North Hills Realty

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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19170 US Highway 18 Apple Valley, CA 92307