- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1959 build
- – on site
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)
Last checked:
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Last updated Jul 15, 2025
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MLS# PW25157357 —
The Building
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Year Built:1959
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:7606.00
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Building Area Units:Square Feet
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Total Number Of Units:11
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# of Buildings:3
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Stories Total:1
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:12
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# of Separate Water Meters:1
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# of Separate Electric Meters:12
Interior
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Levels:One
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Entry Location:1
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Laundry:Common Area
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Laundry:1
Location
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Directions:1/4 mile east of US Hwy 18 & Tao St intersection
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Latitude:34.53739800
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Longitude:-117.24571700
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:11-15 Units/Acre
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Lot Size Area:21567.0000
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Lot Size Acres:0.4951
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Lot Size SqFt:21567.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:97.26
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Tax Year:2024
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Tax Tract:3382
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Tax Lot:17
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Tax Annual Amount:12587.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0473037030000
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Biking
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:11.00
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Garage Spaces:1.00
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Carport Spaces:10.00
Extra Units
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Average 1 Bed Area:640
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Average 3 Bed Area:1200
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/14/25
Jul 14, 2025
|
Listed / Active | CRMLS_CA | $1,695,000 | 85.2% (13.0% / YR) |
12/28/18
Dec 28, 2018
|
CRMLS_CA | $915,000 |