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Keller Williams
17802 Quantico, Apple Valley, CA 92307
- $3,399,900
- List Price
- $3,399,900
- Status
- ACTIVE
- Days on Market
- 319
- Price Change
- ▼ $99,100 1793535838
- MLS#
- CV25280375
- Subtype
- Residential Income
- Year Built
- 1986
- Lot Size
- 60,548
- Acres
- 1.39
- MLS Area Major
- Apple Valley (APPV)
Property Description
Rarely available 18-unit multifamily investment in Apple Valley’s highly desirable Desert Knolls submarket, offering strong cash flow, excellent occupancy, and easy leasing demand. Composed of all spacious 2-bed/1-bath units (~874 sq. ft. each), this gated community stands out with separate gas and electric meters, individual hot water heaters, and A/C & central heating. Situated on an oversized 60,548 sq. ft. (1.39+ acre) lot with mountain views and great curb appeal, the property includes four separate two-story buildings, garage parking plus additional open spaces, and wrought-iron gated entry. On-site laundry adds ancillary income potential. Recent capital improvements have been completed on 16 of the 18 units, including updated kitchens and bathrooms and laminated wood flooring, allowing the property to command premium rents. These upgrades position the asset for long-term stability with less maintenance. Located near St. Mary’s Hospital, schools, shopping, and close to freeways. This is a good opportunity for investors.
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Additional Information
- Interior Features
- Living Room Deck Attached
- Flooring
- Carpet, Laminate
- Appliances
- Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Water Heater
- Heating
- Central
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- Assigned, Covered, Garage
- Garage Spaces
- 18
- View
- Desert, Mountain(s), Rocks
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Listing courtesy of Listing Agent: Anne Yang (anneyanghome@gmail.com) from Listing Office: Anne Yang, Broker.
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.