Great opportunity for investor looking for a property with some meat on the bones. Handyman special with some clean up to catch up with the 25% increase to market rents and capture the upside. Priced to sell with a quick close. Bring all offers!
Multi-familyProperty Type
1962Year Built
0.67 acresLot Size
$172Price/Sq.Ft.
8 spacesParking
Listed by Azhar Sabir•DRE #01346363• Shamoon Sikora, Broker
Contact: 714-448-4300
Bought with Alex Figueroa•DRE #01173239• eXp Realty of Southern CA
Rare opportunity to own recently remodeled units. All 8 units are 2 bedroom 1 bath with below market rents. Creating a unique opportunity for an investor to further increase their return after purchase. Located conveniently in the heart of Apple Valley multifamily community less than a mile away from multiple eateries and shopping opportunities such as Super Target, Starbucks, Denny's, Viva Maria Mexican and countless others.
CRMLS #IV21067559
May 14, 2021
Listing Removed
—
Apr 14, 2021
Contingent
—
Mar 31, 2021
Price Changed
$888,000
$156/sq ft
Mar 31, 2021
Listed
$88,000
$15/sq ft
Greater Lansing AoR #511478
Nov 8, 2019
Sold
$799,000
$140/sq ft
Nov 8, 2019
Sold
$799,000
$140/sq ft
Mar 27, 2019
Listed
$795,000
$139/sq ft
Mar 27, 2019
Listed
$795,000
$139/sq ft
SDMLS #301758385
Nov 8, 2019
Sold
$799,000
$140/sq ft
Jul 26, 2019
Listing Removed
—
Mar 27, 2019
Listed
$795,000
$139/sq ft
CRMLS #492763
Mar 16, 2018
Sold
$550,000
$96/sq ft
Nov 13, 2017
Listed
$589,900
$103/sq ft
SDMLS #301748084
Mar 16, 2018
Sold
$550,000
$96/sq ft
Nov 13, 2017
Listed
$589,900
$103/sq ft
CRMLS #478969
Jun 14, 2017
Listing Removed
—
Nov 13, 2016
Listed
$565,000
$99/sq ft
SDMLS #301747823
Jun 14, 2017
Listing Removed
—
Nov 13, 2016
Listed
$565,000
$99/sq ft
CRMLS #443531
Dec 19, 2014
Sold
$350,000
$61/sq ft
Jun 5, 2014
Listed
$375,000
$66/sq ft
SDMLS #301748562
Dec 19, 2014
Sold
$350,000
$61/sq ft
Jun 5, 2014
Listed
$375,000
$66/sq ft
Public Records
Jul 11, 2003
Sold
$60,000
$11/sq ft
Public Records
Apr 30, 2003
Sold
$285,000
$50/sq ft
Public Records
Jan 30, 2001
Sold
$60,000
$11/sq ft
Public Records
Jul 19, 1988
Sold
$94,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$16,692 (+39.0%)
$75,000 + $1,325,000
$1,400,000
2024
$12,007 (+1.0%)
$75,000 + $1,325,000
$1,400,000
2023
$11,893 (+15.4%)
$51,000 + $918,000
$969,000
2022
$10,309 (+2.3%)
$51,000 + $918,000
$969,000
2021
$10,076 (+1.3%)
$51,528 + $771,895
$823,423
2020
$9,950 (+34.8%)
$50,518 + $756,760
$807,278
2019
$7,381 (+42.8%)
$114,444 + $457,776
$572,220
2018
$5,169 (+1.5%)
$112,200 + $448,800
$561,000
2017
$5,094 (+12.1%)
$62,133 + $300,311
$362,444
2016
$4,544 (+32.4%)
$62,133 + $300,311
$362,444
2015
$3,432 (−38.0%)
$60,915 + $294,423
$355,338
2014
$5,533 (−25.6%)
$41,383 + $211,335
$252,718
2013
$7,441 (+14.6%)
$41,383 + $211,335
$252,718
2012
$6,492 (+34.2%)
$41,196 + $210,380
$251,576
2011
$4,836 (+10.8%)
$40,388 + $206,255
$246,643
2010
$4,366 (−11.0%)
$39,596 + $202,211
$241,807
2009
$4,905 (−46.4%)
$23,400 + $176,300
$199,700
2008
$9,157
$30,000 + $226,000
$256,000
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.45 Acres
Year renovated
1962
Sq. Ft.
5,700
Year built
1962
Style
Multi-Family (5+ Unit)
County
San Bernardino County
APN
0441 231 13 0 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 24, 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
Interior
Laundry Information
None
Cooling Information
Wall Window
Has Cooling
Fireplace Information
Dining Room, Kitchen, Living Room, Bath, Family Room
Has Fireplace
Interior Features
Entry Level: 1
Entry Location: 1
Unit Type 1 Information
Unit Key Numeric: 435395188
Listing Key Numeric: 435395167
Actual Rent: $1,200
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $114,480
Total # of Units: 8
Expenses
Fuel Expense: $950
Trash: $8,400
Total: $38,679
Insurance: $5,000
Water Sewer: $4,850
Multi-Unit Information
Net Operating Income: $35,733
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 5,700
Gross Scheduled Income: $114,480
Gross Operating Income: $74,412
Gross Income: $74,412
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 8
# Of Separate Electric Meters: 8
# Of Buildings: 1
Vacancy Allowance: 40068
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Public Records
Lot Features: 6-10 Units/Acre
Property Information
Total # of Units: 8
Common Walls: 1 common wall
Parcel Number: 0441231130000
Attached Property
Total # of Stories: 2
Year Built Source: Public Records
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $45,436
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Rural
Location Information
Latitude: 34.53382700
Longitude: -117.22403700
Directions: I-15 N TO APPLE Valley rd to Broken Bow Rd
Public facts
Beds: —
Baths: —
Sq. Ft.: 5,700
Stories: 2.0
Lot Size: 0.45 acres
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 1962
County: San Bernardino County
APN: 0441 231 13 0 000
Home facts updated by county records on Jun 24, 2026
Other
Listing Information
IDX Contact Info: 714-448-4300
Days Active in MLS: 79
Continuous Days Active in MLS: 79
Listing Agent Information
List Agent First Name: Azhar
List Agent Last Name: Sabir
Listing Office Information
List Office Name: Shamoon Sikora, Broker
Selling Agent Information
Buyer Agent First Name: Alex
Buyer Agent Last Name: Figueroa
Selling Office Information
Buyer Office Name: eXp Realty of Southern CA
Around this home
Schools
Phoenix Academy
Public K-8 • Assigned • 0.5mi
1/10
Granite Hills High School
Public 9-12 • Assigned • 3.6mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 100° expected this year, 19 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
95
63
97
66
90
61
82
52
67
41
65
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.