Listed by Sharon Cannon•DRE #01423980• Coldwell Banker Home Source
Contact: sharon.c@cbhomesource.com
For sale
$519,000
Est. $3,600/mo —
12
bd
•
12 ba
•
1,862
sq ft
12623 Kiowa, Apple Valley, CA 92308
About this home
Excellent investment opportunity in the heart of Apple Valley! This well maintained triplex offers immediate rental income with three occupied units and a strong rental history. The property features two approximately 475 sq ft units 1 bedroom, 1 bath and one Approximately 912 sq ft 2 bedroom, 2 bath unit with a one car private garage. Recent improvements include a new roof (approximately 2 years old) updated bathrooms, new flooring, new water heaters and a recently serviced septic system. A shared laundry room with washer and dryer adds convenience for tenants The owner pays water and trash, while tenants pay gas and electricity. Mature trees attractive curb appeal, and ample parking enhance the property's appeal. Conveniently located near shopping, schools and commuter routes, this property is ideal for investors seeking stable income with future upside potential.
Kiowa Park, located between Bear Valley Road and Highway 18, is a residential and desert-edge Apple Valley neighborhood with wide streets and open-sky views. The area reads as low-slung ranch homes, tidy yards, and a calm grid that meets the High Desert’s big horizons. The neighborhood’s character concentrates around the Bear Valley Rd and Navajo Rd corridor, where local diners, service storefronts, and everyday errands set a practical, sunlit rhythm. Community touchstones include the Apple Valley Legacy Museum, the Apple Valley Performing Arts Theater, and the Desert Knolls Community Center. Kiowa Park’s geography keeps outdoor time close, with nearby trails and ballfields shaping a weekend routine. Evenings feel quiet, with long sightlines and a distinctly high-desert pace.
Provided by Walk Score and Local Logic
Market insights
12623 Kiowa · $519,000
DAYS ON MARKET
63 days
The average home goes pending in 48 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
LIST PRICE
$519,000
Median list price in this area is $709,189. (37% higher than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
One-level home with front entry
Attached property with 2+ common walls
Unit count: 3 units in the building
Total building area 1,862
Bedrooms
Unit example: 4 bedrooms (unit-level info shown for one unit)
Bathrooms
Unit example: 4 full bathrooms (unit-level info shown for one unit)
Kitchen
No specific kitchen appliance details provided
Laundry & utility
Laundry in an individual room or area
Washer included
Dryer included
Shared/overall utilities: 1 separate water meter, 3 separate gas meters, 3 separate electric meters
Flooring
No flooring details provided
Heating & cooling
No heating or cooling details provided
Exterior features
No pool
Lot characterized as 2–5 units per acre
Suburban community setting
Directions: East on Bear Valley Rd, North on Kiowa
Home design
Attached multi-unit building
Single-story building
No ADU on property
Parking
1 covered garage space (attached for at least one unit)
Total of 3 parking spaces on the property
Security
No security features provided
Construction
Year built source: Assessor
Utilities
Sewer: septic (type unknown)
HOA & community
No HOA details provided
Financial info
Gross scheduled income: $41,604
Operating expenses: $16,642
Investor/multi-unit details: 3 separate gas meters and 3 separate electric meters suggest separate metering by unit
Other
Total number of buildings: 1
Parcel number recorded
Electricity and solar
View estimated energy costs and solar savings for this home
Fantastic Opportunity to own a Triplex in Apple Valley ~ includes 1 main house (2 bedrooms and 2 baths with oversized 1 car garage) and a Duplex with two units - each 1 bedroom/1 bath. All units fully rented. Laundry room on site. Great investment opportunity, close to shopping, schools and more, don't miss out!
SDMLS #301722997
Oct 31, 2016
Sold
$202,000
$108/sq ft
Sep 1, 2016
Listed
$214,000
$115/sq ft
Fantastic Opportunity to own a Triplex in Apple Valley ~ includes 1 main house (2 bedrooms and 2 baths with oversized 1 car garage) and a Duplex with two units - each 1 bedroom/1 bath. All units fully rented. Laundry room on site. Great investment opportunity, close to shopping, schools and more, don't miss out!
Fantastic Opportunity to own a Triplex in Apple Valley ~ includes 1 main house (2 bedrooms and 2 baths with oversized 1 car garage) and a Duplex with two units - each 1 bedroom/1 bath. All units fully rented. Laundry room on site. Great investment opportunity, close to shopping, schools and more, don't miss out!
CRMLS #I11035144
Feb 21, 2012
Sold
$78,099
$42/sq ft
Jul 22, 2011
Pending
—
Jul 19, 2011
Relisted
—
Jul 13, 2011
Pending
—
Jun 30, 2011
Relisted
—
Apr 22, 2011
Pending
—
Apr 18, 2011
Price Changed
$79,900
$43/sq ft
Apr 18, 2011
Relisted
—
Mar 22, 2011
Pending
—
Mar 19, 2011
Listed
$85,000
$46/sq ft
CRMLS #142128
Dec 8, 1998
Sold
$72,000
$39/sq ft
Public Records
Jan 3, 1995
Sold
$33,500
$18/sq ft
Public Records
Dec 21, 1990
Sold
$133,000
$71/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,309 (+11.4%)
$23,675 + $215,453
$239,128
2024
$2,970 (+1.0%)
$23,211 + $211,228
$234,439
2023
$2,940 (+1.6%)
$22,310 + $203,025
$225,335
2022
$2,895 (+2.3%)
$22,310 + $203,025
$225,335
2021
$2,829 (+1.3%)
$21,873 + $199,044
$220,917
2020
$2,793 (+1.9%)
$21,444 + $195,141
$216,585
2019
$2,742 (+2.5%)
$21,224 + $193,140
$214,364
2018
$2,676 (+1.4%)
$20,808 + $189,353
$210,161
2017
$2,637 (+133.0%)
$20,000 + $182,000
$202,000
2016
$1,132 (+1.6%)
$20,000 + $182,000
$202,000
2015
$1,114 (+1.5%)
$10,610 + $72,255
$82,865
2014
$1,098 (+0.5%)
$10,246 + $69,776
$80,022
2013
$1,092 (−19.8%)
$10,246 + $69,776
$80,022
2012
$1,362 (+2.3%)
$10,200 + $69,461
$79,661
2011
$1,331 (+12.6%)
$20,554 + $82,214
$102,768
2010
$1,182 (−29.2%)
$20,151 + $80,602
$100,753
2009
$1,670 (+17.6%)
$18,217 + $69,229
$87,446
2008
$1,420
$18,260 + $69,393
$87,653
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.43 Acres
Year renovated
1953
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,862
Year built
1953
Style
Multi-Family (2-4 Unit)
County
San Bernardino County
APN
3087 435 09 0 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R-M
Multi-Family Residential District
This district is intended to provide an area for higher density housing types, including single family attached and multi-family homes such as duplexes, condominiums, townhouses, apartments and senior housing developments. Single family detached units are allowed on existing lots of 8,712 sq ft net acres 10,000 sq ft in the Mountain Vista neighborhood only [2]. Up to 20 units per acre may be allowed. The minimum lot size shall be 17,424 sq ftnet acres 18,000 sq ft, except for existing lots of no less than 8,712 sq ft net acres in the Mountain Vista neighborhood. The maximum number of units allowed on a parcel located in the R-M district shall be calculated by multiplying the total net area of the lot in acres by 20 units per acre.
Permitted uses
Include but are not limited to:
Housing-Senior
Educational/school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
6 days above 99° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
25 unhealthy days expected this year, 30 days in 30 years
Provided by First Street
Historical weather
Apple Valley, CA • 92308
Average low and high temperatures (°F)
57
40
63
45
70
50
69
49
79
58
89
66
93
71
94
72
85
67
79
57
64
46
63
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Apple Valley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12623 Kiowa
$503,723
$15K under list price of $519K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $475K.