Fully occupied 10 unit apartment complex offering above market returns. This 10 unit consists of 4 3 bedroom units and 6 2 bedroom units all renovated over the last three years. With a shortage of housing renting these units has been no problem even through Covid. In fact vacancies rates for the area were at their lowest in the 4th Quarter of 2020 as they were all year. 5.25% Cap on current financials. 6% Cap on market rents. Quantico 10 unit is located in one of the most desirable areas of the High Desert known as Desert Knolls. Close Proximity to St. Mary Hospital and supporting medical business. The location is convenient and highly desirable due to the abundance of high paying medical service jobs and the close proximity to Highway 18 for an easy commute.
Multi-familyProperty Type
1985Year Built
0.65 acresLot Size
$151Price/Sq.Ft.
9 garage spacesParking
Listed by Robert Basen•DRE #00521368• Coldwell Banker Commercial Rea
Listed by Jerrad Schendel•DRE #01971338• Coldwell Banker Commercial Rea
Bought with ZAHIRA PIVARAL•DRE #02080071• EXP REALTY OF CALIFORNIA INC
Bought with CRAIG CHASTAIN•DRE #01868232• EXP REALTY OF CALIFORNIA INC
*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
28
Baths
17.5
Stories
2
Lot width
—
Lot depth
—
Lot size
28,350
Year renovated
1985
Sq. Ft.
9,600
Year built
1985
Style
Multi-Family (5+ Unit)
County
San Bernardino County
APN
0473 156 03 0 000
Parking Spaces
20
Basement
No
Accessible
No
HOA Dues
—
Garage
Yes
Features
Views
Last updated by owner on Mar 28, 2024.
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
Uncovered Spaces: 11
# of Garage Spaces: 9
# of Parking Spaces: 20
Interior
Laundry Information
Has Laundry
See Remarks
Kitchen Information
Appliances: Oven
Has Appliances
Cooling Information
Central
Has Cooling
Flooring Information
See Remarks
Heating Information
Natural Gas
Has Heating
Interior Features
Entry Level: 0
Unfurnished
Unit Type 1 Information
Unit Key Numeric: 10715404
Listing Key Numeric: 365161491
Area Units: Square Feet
Unit Type 2 Information
Unit Key Numeric: 10715405
Listing Key Numeric: 365161491
Area Units: Square Feet
Unit Type 3 Information
Listing Key Numeric: 365161491
Unit Key Numeric: 10715406
Area Units: Square Feet
Unit Type 4 Information
Listing Key Numeric: 365161491
Unit Key Numeric: 10715407
Area Units: Square Feet
# of Baths Full: 0
# of Baths Three Quarter: 0
# of Baths Half: 0
# of Baths One Quarter: 0
Unit Type 5 Information
Unit Key Numeric: 10715408
Listing Key Numeric: 365161491
Area Units: Square Feet
Unit Type 6 Information
Listing Key Numeric: 365161491
Unit Key Numeric: 10715409
Unit Type 7 Information
Unit Key Numeric: 10715410
Listing Key Numeric: 365161491
Unit Type 8 Information
Unit Key Numeric: 10715411
Listing Key Numeric: 365161491
Area Units: Square Feet
Unit Type 9 Information
Unit Key Numeric: 10715412
Listing Key Numeric: 365161491
Area Units: Square Feet
Unit Type 10 Information
Unit Key Numeric: 10715413
Listing Key Numeric: 365161491
Area Units: Square Feet
Expenses
Total: $41,148
Multi-Unit Information
Net Operating Income: $85,128
Total Building Area: 9,600
Gross Scheduled Income: $126,276
# Of Buildings: 4
Exterior
Exterior Information
Roof: Composition
Construction Materials: Frame
Exterior Features
Pool Features: None
Lot Information
Lot Size Dimensions: Please see plat map
Lot Features: Paved
Property Information
Total # of Units: 10
Parcel Number: 047315603
Total # of Stories: 2
Has View
Utilities
Utilities Information
Sewer: Public Sewer
Sewer Connected, Sewer Available
Water Source: Private
Location
Location Information
Latitude: 34.53663300
Longitude: -117.27152300
Directions: Exit I-15 on D Street and head east to Apple Valley Road, turn right. Turn right onto Quantico. PIQ is on your left. Cross Street: Apple Valley Rd.
Road Surface Type: Paved
Zoning: Residential 3
Public facts
Beds: 28
Baths: 17.5
Sq. Ft.: 9,600
Stories: 2.0
Parking Spaces: 20
Basement: No
Accessible: No
Lot Size: 0.65 acres
Style: Multi-Family (5+ Unit)
Year Built: 1985
Year Renovated: 1985
County: San Bernardino County
APN: 0473 156 03 0 000
HOA Dues: —
Garage: Yes
Features: Views
Home facts updated by owner on Mar 28, 2024
Other
Listing Information
Days Active in MLS: 103
Continuous Days Active in MLS: 103
Listing Agent Information
List Agent First Name: Robert
List Agent Last Name: Basen
Co-List Agent First Name: Jerrad
Co-List Agent Last Name: Schendel
Listing Office Information
List Office Name: Coldwell Banker Commercial Rea
Co-List Office Name: Coldwell Banker Commercial Rea
Selling Agent Information
Buyer Agent First Name: ZAHIRA
Buyer Agent Last Name: PIVARAL
Co-Buyer Agent First Name: CRAIG
Co-Buyer Agent Last Name: CHASTAIN
Selling Office Information
Buyer Office Name: EXP REALTY OF CALIFORNIA INC
Co-Buyer Office Name: EXP REALTY OF CALIFORNIA INC
Around this home
Schools
Desert Knolls Elementary School
Public K-6 • Assigned • 0.6mi
5/10
Sitting Bull Academy
Public K-8 • Assigned • 4.1mi
4/10
Granite Hills High School
Public 9-12 • Assigned • 6.2mi
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
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, 17 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
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.