* * PRICE REDUCED $61K FROM ORIGINAL LIST & PRICED WELL BELOW REPLACEMENT COST * * 1980 built single story building featuring 6 (2+1) spacious two bedroom/one bath units in a nice Apple Valley location. Walking distance to Apple Valley Civic Center, Target, Starbucks, and numerous of other amenities. Five of the units have private patios. All units have central ac/heat, separate water heaters and separate tenant meters for gas & electric. There are 6 new AC units and 6 new swamp coolers plus there is a laundry room for additional income (seller-owned machines included in sale). There is ample parking with 6 carport spaces and 6 open spaces. The subject property is has approximately 5,140 square feet and sits on a 32,800 square foot lot (buyer to verify all building/lot dimension data). * * Priced to Sell at 8.53 GRM/7.08 CAP Actual Rents!!! 9.3% cash-on-cash return on actual rents with 40% down * * Equalize the rents and achieve a 7.6 CAP and a 10.3% cash-on-cash return * *
Multi-familyProperty Type
1980Year Built
0.75 acresLot Size
$87Price/Sq.Ft.
Listed by Ed Diaz•DRE #01022469• SVN / Vanguard
Bought with Ed Diaz•DRE #01022469• SVN / Vanguard
Bought with BI CHEN•DRE #01255894• GEORGETOWN INVESTMENT
**PRICE REDUCED $61K FROM ORIGINAL LIST & PRICED WELL BELOW REPLACEMENT COST** 1980 built single story building featuring 6 (2+1) spacious two bedroom/one bath units in a nice Apple Valley location. Walking distance to Apple Valley Civic Center, Target, Starbucks, and numerous of other amenities. Five of the units have private patios. All units have central ac/heat, separate water heaters and separate tenant meters for gas & electric. There are 6 new AC units and 6 new swamp coolers plus there is a laundr
**PRICE REDUCED $61K FROM ORIGINAL LIST & PRICED WELL BELOW REPLACEMENT COST** 1980 built single story building featuring 6 (2+1) spacious two bedroom/one bath units in a nice Apple Valley location. Walking distance to Apple Valley Civic Center, Target, Starbucks, and numerous of other amenities. Five of the units have private patios. All units have central ac/heat, separate water heaters and separate tenant meters for gas & electric. There are 6 new AC units and 6 new swamp coolers plus there is a laundry room for additional income (seller-owned machines included in sale). There is ample parking with 6 carport spaces and 6 open spaces. The subject property is has approximately 5,140 square feet and sits on a 32,800 square foot lot (buyer to verify all building/lot dimension data). **Priced to Sell at 8.53 GRM/7.08 CAP Actual Rents!!! 9.3% cash-on-cash return on actual rents with 40% down** Equalize the rents and achieve a 7.6 CAP and a 10.3% cash-on-cash return**
CRMLS #W07132377
Jun 21, 2008
Listing Removed
—
Sep 7, 2007
Listed
$775,000
$154/sq ft
CRMLS #346701
Apr 25, 2008
Sold
$450,000
$89/sq ft
CRMLS #W501753
Jun 30, 2005
Listing Removed
—
Apr 8, 2005
Listed
$659,000
$131/sq ft
CRMLS #W501141
Jun 30, 2005
Listing Removed
—
Mar 8, 2005
Listed
$699,000
$139/sq ft
CRMLS #221570
Feb 2, 2002
Sold
$200,000
$40/sq ft
CRMLS #147501
May 5, 1999
Sold
$95,000
$19/sq ft
Public Records
Jan 24, 1989
Sold
$229,000
$45/sq ft
Public Records
Apr 21, 1986
Sold
$210,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,543 (+2.8%)
$58,030 + $449,148
$507,178
2024
$6,363 (+1.0%)
$58,030 + $449,148
$507,178
2023
$6,299 (+1.6%)
$55,776 + $431,707
$487,483
2022
$6,202 (+2.3%)
$55,776 + $431,707
$487,483
2021
$6,062 (+1.3%)
$54,682 + $423,242
$477,924
2020
$5,985 (+1.9%)
$53,610 + $414,943
$468,553
2019
$5,874 (+2.5%)
$53,060 + $410,688
$463,748
2018
$5,732 (+1.4%)
$52,020 + $402,635
$454,655
2017
$5,651 (+64.2%)
$50,000 + $387,000
$437,000
2016
$3,441 (+1.5%)
$50,000 + $387,000
$437,000
2015
$3,389 (+1.4%)
$15,603 + $256,937
$272,540
2014
$3,342 (−9.1%)
$15,068 + $248,121
$263,189
2013
$3,676 (−10.7%)
$15,068 + $248,121
$263,189
2012
$4,116 (+0.5%)
$44,900 + $236,000
$280,900
2011
$4,095 (−0.6%)
$44,900 + $236,000
$280,900
2010
$4,119 (−32.7%)
$44,900 + $236,000
$280,900
2009
$6,117 (+77.5%)
$44,900 + $236,000
$280,900
2008
$3,446
$168,300 + $290,700
$459,000
Tax history for 15340 Ute Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,543 (+2.8%)
$58,030 + $449,148
$507,178
2024
$6,363 (+1.0%)
$58,030 + $449,148
$507,178
2023
$6,299 (+1.6%)
$55,776 + $431,707
$487,483
2022
$6,202 (+2.3%)
$55,776 + $431,707
$487,483
2021
$6,062 (+1.3%)
$54,682 + $423,242
$477,924
2020
$5,985 (+1.9%)
$53,610 + $414,943
$468,553
2019
$5,874 (+2.5%)
$53,060 + $410,688
$463,748
2018
$5,732 (+1.4%)
$52,020 + $402,635
$454,655
2017
$5,651 (+64.2%)
$50,000 + $387,000
$437,000
2016
$3,441 (+1.5%)
$50,000 + $387,000
$437,000
2015
$3,389 (+1.4%)
$15,603 + $256,937
$272,540
2014
$3,342 (−9.1%)
$15,068 + $248,121
$263,189
2013
$3,676 (−10.7%)
$15,068 + $248,121
$263,189
2012
$4,116 (+0.5%)
$44,900 + $236,000
$280,900
2011
$4,095 (−0.6%)
$44,900 + $236,000
$280,900
2010
$4,119 (−32.7%)
$44,900 + $236,000
$280,900
2009
$6,117 (+77.5%)
$44,900 + $236,000
$280,900
2008
$3,446
$168,300 + $290,700
$459,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.75 Acres
Year renovated
1980
Sq. Ft.
5,140
Year built
1980
Style
Multi-Family (5+ Unit)
County
San Bernardino County
APN
0441 132 46 0 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 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
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 6
Carport
Has Parking
# of Parking Spaces: 12
Interior
Interior Features
Levels: One
Unit Type 1 Information
Unit Key Numeric: 1309628
Listing Key Numeric: 11155320
Actual Rent: $750
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,500
Total # of Units: 2
Unit Type 2 Information
Unit Key Numeric: 1309629
Listing Key Numeric: 11155320
Actual Rent: $700
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $2,800
Total # of Units: 4
Expenses
Trash: $3,590
Maintenance: $3,000
Licenses: $125
Insurance: $1,635
Water Sewer: $2,967
Electric: $753
New Taxes: $5,049
Multi-Unit Information
Net Operating Income: $31,786
Total Building Area: 5,042
Gross Scheduled Income: $52,620
Gross Multiplier: 8.53
Gross Income: $4,385
Laundry Equipment Own or Lease: Lease
# Of Leased Units: 6
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 7
# Of Separate Electric Meters: 7
# Of Buildings: 1
Vacancy Allowance: 2631
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre
Property Information
Total # of Units: 6
Common Walls: 2+ common walls
Parcel Number: 0441132460000
Attached Property
Year Built Source: Estimated
Financial
Lease / Rental Details
Operating Expense: $18,203
Tenant Pays: Electricity, Gas
Total Actual Rent: $4,300
Utilities
Utilities Information
Sewer Available
Water Source: District/Public
Location
Neighborhood Information
Community Features: Rural
Location Information
Latitude: 34.53025800
Longitude: -117.21000700
Directions: Cross Streets: Thunderbird Rd. and Ute Rd.
Public facts
Beds: —
Baths: —
Sq. Ft.: 5,140
Stories: 1.0
Lot Size: 0.75 acres
Style: Multi-Family (5+ Unit)
Year Built: 1980
Year Renovated: 1980
County: San Bernardino County
APN: 0441 132 46 0 000
Home facts updated by county records on Sep 19, 2026
Other
Listing Information
Days Active in MLS: 239
Continuous Days Active in MLS: 239
Listing Agent Information
List Agent First Name: Ed
List Agent Last Name: Diaz
Listing Office Information
List Office Name: Vanguard Investment Properties
Selling Agent Information
Buyer Agent First Name: Ed
Buyer Agent Last Name: Diaz
Co-Buyer Agent First Name: BI
Co-Buyer Agent Last Name: CHEN
Selling Office Information
Buyer Office Name: Vanguard Investment Properties
Co-Buyer Office Name: GEORGETOWN INVESTMENT
Around this home
Schools
Phoenix Academy
Public K-8 • Assigned • 0.3mi
1/10
Granite Hills High School
Public 9-12 • Assigned • 2.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 100° expected this year, 17 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 • 92307
Average low and high temperatures (°F)
60
34
66
39
74
44
73
45
83
52
93
60
97
65
97
66
88
61
82
52
67
41
65
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.2 hours in
June and 6.7 hours in December, placing it above the
U.S. average for solar exposure.