Listed by Charly Ubaldo•DRE #02088736• Keller Williams Victor Valley
Contact: 213-527-0450
For sale
$1,475,000
Est. $9,497/mo
16
bd
•
12 ba
•
7,250
sq ft
15860 Kasota, Apple Valley, CA 92307
About this home
We are blessed to bring to market an 8 unit apartment complex in the city of Apple Valley, CA. The apartment consists of (8) 2bed/1.5bath units that are approx 906 sqft each. The property was built in 1983 and is within a 5 minute drive of a shopping center which consists of stores such as Target, Walmart, Albertsons, Ross, Panda Express, Subway, Taco Bell, McDonalds, Starbucks, Cold Stone Creamery, Carl's Jr, Del Taco, Denny's and much more. There are two buildings on one parcel. Each building has four units. Three units are fully remodeled and brand new. These three units have new flooring, interior and exterior paint, new kitchen cabinets, lights, and new appliances. One unit is partially remodeled with new flooring and interior paint. Four units are not remodeled although are in great condition. The property has six one car garages. Five garages are detached and one garage is attached. Owner is willing to deliver all units without tenants.
Upper Desert Knolls, located between Bear Valley Road and the Mojave River, is a residential and equestrian Apple Valley neighborhood with wide-lot ranch homes and open desert views. The area reads as high-desert quiet, with long driveways, horse properties, and dark-sky evenings. The neighborhood’s character concentrates around the Bear Valley Road and Apple Valley Road corridor, where local diners, feed-and-tack stops, and desert-day errand runs set the tempo. Community touchstones include the Apple Valley Legacy Museum, the Apple Valley Golf Course, and the Desert Knolls Community Center. Architecture leans single-story, mid-century-to-contemporary desert ranch, often paired with RV pads and workshop space. Trails and washes shape the edges, and the landscape keeps the horizon in constant view.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
One-level layout
Attached property
2+ common walls
Bedrooms
Eight units total with 2 bedrooms in the sample unit
Bathrooms
Sample unit has 2 total bathrooms (1 full, 1 half)
Laundry & utility
Laundry area on-site
Separate gas and electric meters for each unit (8 gas meters, 8 electric meters)
One separate water meter
Exterior features
No pool
Lot characterized as 0–1 unit per acre
Located behind the Starbucks at US Highway 18 and Kasota Rd.
Home design
Community apartment (multi-unit property)
Single-story buildings (total of 1 story)
Three separate buildings
Parking
Eight parking spaces
Eight garage spaces
Construction
Total building area approximately 7,250
Parcel number 0473112120000
No accessory dwelling unit reported
Utilities
Public sewer
District/Public water
HOA & community
Community features include a golf course
Financial info
Gross scheduled income approximately $153,600
Net operating income approximately $99,830
Operating/total expenses approximately $53,770
Property includes 8 rental units; example unit rent reported at $1,600
Electricity and solar
View estimated energy costs and solar savings for this home
8 Units Investment in a great location of Apple Valley, Surrounded by commercial business retail restaurant and Medical offices. Excellent location. Walking distance to all business retail stores and medical offices. All units with 2 bedroom and 1.5 baths, with private back yard. 4 units on each side. All units have been renovated and maintained completed fenced with an electric gate, the property has 6 garage and 15 parking space on front. Tenants could enjoy a lots of PALM TREES, PATIOS, AND NICE & BEAUTIFUL LANDSCAPING. This property is LAYOUT IS LIKE A PALM RESORT's area. Few units have remained for more than 2 decades with the same tenants. Most of tenants are stabilized they all love the location ! NOI NET OPERATING'S INCOME IS EASILY IMPROVED BY APPLYING THE CURRENT MARKET RENTS. This is a good investment property will not last long.
CRMLS #EV22177937
Dec 15, 2022
Sold
$1,370,000
$189/sq ft
Nov 10, 2022
Pending
—
Aug 13, 2022
Listed
$1,500,000
$207/sq ft
INVESTORS HUNT!!! 8 UNITS INVESTMENT OPPORTUNITY IN APPLE VALLEY! PRIDE OF OWNERSHIP! WALKING DISTANCE TO ST. MARY’S MEDICAL CENTER, SHOPPING CENTERS, MEDICAL FACILITIES AND HOSPITALS. ALL 8 UNITS ARE 2 BEDROOMS, 1.5 BATHS. ALL UNITS HAVE BEEN RENOVATED AND WELL MAINTAINED! COMPLETELY FENCED WITH AN ELECTRIC GATE. THE PROPERTY HAS 6 CAR GARAGE AND 12 PARKING SPOTS. TENANTS CAN ENJOY THE PRIVACY CREATED BY LOTS OF PALM TREES, PATIOS, AND LANDSCAPING. THE PROPERTY LAYOUT IS LIKE A PALM RESORT. COUPLE UNITS HAVE REMAINED RENTED FOR 2 DECADES WITH THE SAME TENANTS! NOI NET OPERATING INCOME EASILY IMPROVED BY APPLYING THE CURRENT MARKET RENT AND WAVING UNNECESSARY EXPENSES.
CRMLS #446073
Nov 24, 2021
Listing Removed
—
Aug 4, 2014
Listed
$659,000
$91/sq ft
SDMLS #301748610
Oct 31, 2018
Listing Removed
—
Aug 4, 2014
Listed
$659,000
$91/sq ft
CRMLS #458876
Sep 10, 2015
Sold
$582,500
$80/sq ft
Jun 10, 2015
Listed
$650,000
$90/sq ft
SDMLS #301748536
Sep 10, 2015
Sold
$582,500
$80/sq ft
Jun 10, 2015
Listed
$650,000
$90/sq ft
CRMLS #444005
Jul 17, 2014
Listing Removed
—
Jun 17, 2014
Listed
$649,000
$90/sq ft
SDMLS #301748514
Jul 17, 2014
Listing Removed
—
Jun 17, 2014
Listed
$649,000
$90/sq ft
CRMLS #426708
Dec 27, 2013
Sold
$435,000
$60/sq ft
Mar 7, 2013
Listed
$480,000
$66/sq ft
SDMLS #301747314
Dec 27, 2013
Sold
$435,000
$60/sq ft
Mar 7, 2013
Listed
$480,000
$66/sq ft
CRMLS #407400
Nov 14, 2012
Sold
$430,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,259 (−46.6%)
$147,900 + $539,784
$687,684
2024
$17,344 (+103.2%)
$147,900 + $539,784
$687,684
2023
$8,533 (+1.6%)
$68,269 + $594,516
$662,785
2022
$8,401 (+2.3%)
$68,269 + $594,516
$662,785
2021
$8,212 (+1.3%)
$66,930 + $582,859
$649,789
2020
$8,108 (+1.9%)
$65,618 + $571,430
$637,048
2019
$7,958 (+2.5%)
$64,945 + $565,571
$630,516
2018
$7,765 (+1.4%)
$63,672 + $554,481
$618,153
2017
$7,655 (+0.1%)
$61,200 + $532,950
$594,150
2016
$7,645 (+39.8%)
$61,200 + $532,950
$594,150
2015
$5,470 (+1.4%)
$60,000 + $522,500
$582,500
2014
$5,395 (+1.1%)
$20,000 + $415,000
$435,000
2013
$5,338 (−3.9%)
$20,000 + $415,000
$435,000
2012
$5,557 (+2.3%)
$36,064 + $420,626
$456,690
2011
$5,431 (+0.3%)
$35,357 + $412,378
$447,735
2010
$5,413 (+1.7%)
$34,664 + $404,292
$438,956
2009
$5,321 (+3.9%)
$34,405 + $401,270
$435,675
2008
$5,122
$34,487 + $402,223
$436,710
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
143 ft.
Lot depth
185 ft.
Lot size
0.73 Acres
Year renovated
1983
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,250
Year built
1983
Style
Multi-Family (5+ Unit)
County
San Bernardino County
APN
0473 112 12 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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
7% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
22 unhealthy days expected this year, 28 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
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 15860 Kasota
There isn’t enough information to generate an accurate estimate at this time. Learn More