Excellent Investment Opportunity – 4-Plex in Prime Location!
Why build when you can buy for less? In today’s market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice.
This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage.
Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid.
With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential.
Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes.
Don’t miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!
Why build when you can buy for less? In today’s market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice.
This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage.
Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid.
With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential.
Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes.
Don’t miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!
Property Details
Price:
$789,800
MLS #:
HD25086467
Status:
Active
Baths:
0
Address:
20380 Rimrock Road
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
appvapplevalley
City:
Apple Valley
Listed Date:
Apr 18, 2025
State:
CA
ZIP:
92307
Lot Size:
18,360 sqft / 0.42 acres (approx)
Year Built:
1985
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Schools
Interior
Cooling
Central Air
Fireplace Features
Living Room
Heating
Central
Exterior
Community Features
Hiking, Park
Garage Spaces
8.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway, Garage Faces Side, Garage – Two Door
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Utilities
Cable Available
Map
Community
- Address20380 Rimrock Road Apple Valley CA
- AreaAPPV – Apple Valley
- CityApple Valley
- CountySan Bernardino
- Zip Code92307
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20380 Rimrock Road
Apple Valley, CA
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