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Keller Williams
20209 Otoe Road, Apple Valley, CA 92307
- $760,000
- Sold Price
- $760,000
- List Price
- $750,000
- Status
- CLOSED
- Days on Market
- 8
- Closing Date
- Mar 04, 2026
- MLS#
- AR26020969
- Subtype
- Residential Income
- Year Built
- 1984
- Lot Size
- 21,875
- Acres
- 0.50
- MLS Area Major
- Apple Valley (APPV)
Property Description
Excellent Investment Opportunity! Rare duplex-style four-unit property thoughtfully designed to operate like four single-family residences. Each unit features 2 bedrooms, 1 bathroom, a private yard, its own HVAC system, and direct access to attached 2-car garage w/laundry hookup, offering tenants privacy and functionality seldom found in multifamily properties. 3 units are currently occupied; 1 vacant renovated unit—ideal for owner occupancy or immediate lease-up at market rent. Renovations include fresh interior paint, new durable vinyl flooring and window blinds; also comes with tile floor and newer HVAC. This property is highly efficient with minimal operating expenses: Tenants pay all utilities, including water and trash, while the owner is ONLY responsible for gardening, keeping ownership costs extremely low. Additional highlights include long-term tenants, upside rent potential, partial roof replacement, and a well-maintained condition throughout. Conveniently located near shopping, schools, and major roads, this is a turnkey investment with strong cash flow and future growth. A rare opportunity to own a high-performing income property that feels like single-family living. Cap rate can be up to 7.50%+!!! HUGE return on investment!
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Additional Information
- Interior Features
- All Bedrooms Down
- Flooring
- Carpet, Laminate, Tile
- Appliances
- Free-Standing Range
- Heating
- Central
- Air Conditioning
- Yes
- Roof
- Shingle
- Pool Type
- None
- Parking Features
- Direct Access, Garage, Shared Driveway, Uncovered
- Garage Spaces
- 8
- View
- None
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Listing courtesy of Listing Agent: Min Yang (minyang168@gmail.com) from Listing Office: Wetrust Realty.
Selling Office: Clear Realty.Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.