Excellent Investment Opportunity – 4-Plex in Prime Location! Why build when you can buy for less? In today’s market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice. This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage. Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid. With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential. Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes. Don’t miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!
Multi-familyProperty Type
1985Year Built
0.42 acresLot Size
$216Est. Price/Sq.Ft.
8 car garageParking
Listed by Fran Fox•DRE #01150180• Coldwell Banker Home Source
Each Unit Has 2bedrms. 2 Bths. Plus Fireplace, 2 Car Attached Garage, That May Be Entered From Interior Of Apt. Landscaped. All Units Are On Septic. Sewer In Street. Each Unit Has Patio In Rear. 2 Tenants Are More Than 4yrs.
Public Records
Dec 7, 1999
Sold
$134,000
$37/sq ft
Public Records
Sep 10, 1985
Sold
$170,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,011 (+75.2%)
$102,000 + $561,000
$663,000
2024
$4,574 (+23.1%)
$102,000 + $561,000
$663,000
2023
$3,714 (+12.5%)
$16,707 + $233,872
$250,579
2022
$3,303 (−7.7%)
$16,707 + $233,872
$250,579
2021
$3,578 (+12.3%)
$16,379 + $229,286
$245,665
2020
$3,187 (+1.9%)
$16,058 + $224,790
$240,848
2019
$3,128 (+2.5%)
$15,893 + $222,485
$238,378
2018
$3,053 (+1.5%)
$15,581 + $218,123
$233,704
2017
$3,009 (+10.4%)
$14,975 + $209,653
$224,628
2016
$2,726 (−9.7%)
$14,975 + $209,653
$224,628
2015
$3,020 (+14.0%)
$14,681 + $205,542
$220,223
2014
$2,648 (−20.7%)
$14,177 + $198,489
$212,666
2013
$3,340 (+3.3%)
$14,177 + $198,489
$212,666
2012
$3,233 (−4.8%)
$14,113 + $197,592
$211,705
2011
$3,397 (+7.3%)
$13,836 + $193,718
$207,554
2010
$3,165 (+1.1%)
$13,565 + $189,920
$203,485
2009
$3,132 (−56.4%)
$13,464 + $188,501
$201,965
2008
$7,184
$13,496 + $188,949
$202,445
Tax history for 20380 Rimrock Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,011 (+75.2%)
$102,000 + $561,000
$663,000
2024
$4,574 (+23.1%)
$102,000 + $561,000
$663,000
2023
$3,714 (+12.5%)
$16,707 + $233,872
$250,579
2022
$3,303 (−7.7%)
$16,707 + $233,872
$250,579
2021
$3,578 (+12.3%)
$16,379 + $229,286
$245,665
2020
$3,187 (+1.9%)
$16,058 + $224,790
$240,848
2019
$3,128 (+2.5%)
$15,893 + $222,485
$238,378
2018
$3,053 (+1.5%)
$15,581 + $218,123
$233,704
2017
$3,009 (+10.4%)
$14,975 + $209,653
$224,628
2016
$2,726 (−9.7%)
$14,975 + $209,653
$224,628
2015
$3,020 (+14.0%)
$14,681 + $205,542
$220,223
2014
$2,648 (−20.7%)
$14,177 + $198,489
$212,666
2013
$3,340 (+3.3%)
$14,177 + $198,489
$212,666
2012
$3,233 (−4.8%)
$14,113 + $197,592
$211,705
2011
$3,397 (+7.3%)
$13,836 + $193,718
$207,554
2010
$3,165 (+1.1%)
$13,565 + $189,920
$203,485
2009
$3,132 (−56.4%)
$13,464 + $188,501
$201,965
2008
$7,184
$13,496 + $188,949
$202,445
*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
0.42 Acres
Year renovated
1985
Sq. Ft.
3,604
Year built
1985
Style
Multi-Family (2-4 Unit)
County
San Bernardino County
APN
0441 151 10 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
Parking
Parking / Garage Information
# of Garage Spaces: 8
Driveway, Garage - Side Entry, Garage - Two Door
Has Parking
# of Parking Spaces: 8
Interior
Laundry Information
Has Laundry
In Garage
Cooling Information
Central
Has Cooling
Room Information
All Bedrooms Down
Fireplace Information
Living Room
Has Fireplace
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Unit Type 1 Information
Unit Key Numeric: 400400173
Listing Key Numeric: 374269411
Actual Rent: $1,354
Total # of Baths: 2
# of Baths Full: 2
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $1,354
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 400400174
Listing Key Numeric: 374269411
Actual Rent: $1,350
Total # of Baths: 2
# of Baths Full: 2
Furnished: Unfurnished
Total # of Beds: 2
Attached Garage: Yes
# of Garage Spaces: 2
Total Rent: $1,350
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 374269411
Unit Key Numeric: 400400175
Actual Rent: $1,213
Total # of Baths: 2
# of Baths Full: 2
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $1,213
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 374269411
Unit Key Numeric: 400400176
Actual Rent: $973
Total # of Baths: 2
# of Baths Full: 2
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $973
Total # of Units: 1
Expenses
Fuel Expense: $1
Total: $29,981.39
Maintenance: $1
Insurance: $1
Water Sewer: $1
Electric: $1
Gardener: $1
Multi-Unit Information
# of Units With Range: 4
# of Units With Patio: 4
# of Units With Disposal: 4
# of Units With Dishwasher: 4
# of Units With Carpet: 4
Net Operating Income: $29,565.89
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 901
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,604
Gross Scheduled Income: $50,200
# Of Leased Units: 4
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Total # of Units: 4
Common Walls: 1 common wall
Parcel Number: 0441151100000
Attached Property
Total # of Stories: 1
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $20,634
Other Expense: $328,773
Other Expense Description: OWNER DR
Tenant Pays: Electricity, Gas
Utilities
Utilities Information
Sewer: Public Sewer
Cable Available
Water Source: District/Public
Location
Neighborhood Information
Community Features: Hiking, Park
Location Information
Latitude: 34.53599700
Longitude: -117.21964600
Directions: HWY 18 TO RANCHERIAS, NORTH TO RIMROCK RD.
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,604
Stories: 1.0
Lot Size: 0.42 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1985
Year Renovated: 1985
County: San Bernardino County
APN: 0441 151 10 0 000
Home facts updated by county records on Jun 24, 2026
Other
Miscellaneous Information
Exclusions: Thank you for your interest. Please note that this property is tenant-occupied, and interior showings are not available through ShowingTime. Per the seller’s instructions, interior access will be granted only once an acceptable offer is in place. We
Listing Information
IDX Contact Info: 7605593589
Days Active in MLS: 111
Continuous Days Active in MLS: 111
Listing Agent Information
List Agent First Name: Fran
List Agent Last Name: Fox
Listing Office Information
List Office Name: Coldwell Banker Home Source
Selling Agent Information
Buyer Agent First Name: Fran
Buyer Agent Last Name: Fox
Selling Office Information
Buyer Office Name: Coldwell Banker Home Source
Around this home
Schools
Places
Transit
Phoenix Academy
Public K-8 • Assigned • 0.5mi
1/10
Granite Hills High School
Public 9-12 • Assigned • 3.5mi
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 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
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.
11.2 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$741,000 – $897,000
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