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)
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)
Property Details
Price:
$1,695,000
MLS #:
PW25157357
Status:
Active
Baths:
0
Address:
19170 US Highway 18
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
appvapplevalley
City:
Apple Valley
Listed Date:
Jul 14, 2025
State:
CA
ZIP:
92307
Lot Size:
21,567 sqft / 0.50 acres (approx)
Year Built:
1959
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Schools
Interior
Exterior
Community Features
Biking
Garage Spaces
1.00
Lot Features
11-15 Units/ Acre
Parking Spots
11.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Taxes
$12,587
Tenant Pays
Cable T V, Electricity, Gas
Map
Community
- Address19170 US Highway 18 Apple Valley CA
- AreaAPPV – Apple Valley
- CityApple Valley
- CountySan Bernardino
- Zip Code92307
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19170 US Highway 18
Apple Valley, CA
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