One may contend that value-added properties, particularly of this magnitude, are scarce in today's market. With its 38 units, this stands as one of the most sizable apartment complexes in Apple Valley, California. Notably, this building currently offers rental rates below prevailing market levels, indicating the potential for enduring enhancements in revenue stability. Apple Valley has experienced significant population growth and a surge in economic activity, underscored by the emergence of new retail and industrial developments. As a result, the demand for housing is poised to intensify further, reflecting the ongoing growth trajectory in the region. This is a GEM in the making.
Multi-familyProperty Type
1986Year Built
1.84 acresLot Size
$132Price/Sq.Ft.
18 car garageParking
Listed by Jerrad Schendel•DRE #01971338• Coldwell Banker Commercial Rea
Listed by Robert Basen•DRE #00521368• Coldwell Banker Commercial Rea
Contact: jerrad.schendel@cbcinland.com
Bought with Jerrad Schendel•DRE #01971338• Coldwell Banker Commercial Rea
*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
2
Lot width
—
Lot depth
—
Lot size
2.19 Acres
Year renovated
1987
Sq. Ft.
19,590
Year built
1987
Style
Multi-Family (5+ Unit)
County
San Bernardino County
APN
0439 392 39 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: 18
None
# of Parking Spaces: 18
Interior
Laundry Information
Has Laundry
See Remarks
Interior Features
Entry Level: 1
Entry Location: Front
Unit Type 1 Information
Unit Key Numeric: 11713699
Listing Key Numeric: 372124015
Actual Rent: $170,466
Total # of Baths: 2
# of Baths Full: 1
# of Baths Half: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $170,466
Total # of Units: 14
Unit Type 2 Information
Unit Key Numeric: 11713700
Listing Key Numeric: 372124015
Actual Rent: $75,960
Total # of Baths: 2
# of Baths Full: 1
# of Baths Three Quarter: 1
Furnished: Unfurnished
Total # of Beds: 3
Total Rent: $75,960
Total # of Units: 5
Unit Type 3 Information
Listing Key Numeric: 372124015
Unit Key Numeric: 11713701
Actual Rent: $28,044
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $28,044
Total # of Units: 3
Unit Type 4 Information
Listing Key Numeric: 372124015
Unit Key Numeric: 11713702
Actual Rent: $54,360
Total # of Baths: 2
# of Baths Full: 1
# of Baths Three Quarter: 0
# of Baths Half: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $54,360
Total # of Units: 4
Unit Type 5 Information
Unit Key Numeric: 11713703
Listing Key Numeric: 372124015
Actual Rent: $112,320
Total # of Baths: 2
# of Baths Full: 1
# of Baths Three Quarter: 1
Total # of Beds: 3
Furnished: Unfurnished
Total Rent: $112,320
Total # of Units: 12
Expenses
Total: $178,247
Multi-Unit Information
Net Operating Income: $331,031
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: 38,730
Gross Scheduled Income: $525,030
Gross Operating Income: $509,279
Gross Income: $532,079
Laundry Equipment Own or Lease: Lease
Laundry Income: $22,800
# Of Leased Units: 38
# Of Separate Water Meters: 2
# Of Separate Gas Meters: 38
# Of Separate Electric Meters: 38
# Of Buildings: 9
Vacancy Allowance: 1575
Exterior
Exterior Features
Pool Features: Community Pool, Fenced, See Remarks
Lot Information
Additional Parcels Description: 0439392390000
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 16-20 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 38
Common Walls: 1 common wall
Parcel Number: 0439392380000
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $178,247
Tenant Pays: Electricity, Gas
Total Actual Rent: $525,030
Utilities
Utilities Information
Sewer: Sewer or Septic - None
Water Source: Private
Location
Neighborhood Information
Community Features: Valley
Location Information
Latitude: 34.47564700
Longitude: -117.17150000
Directions: Bear Valley Rd to Central on the right
Public facts
Beds: —
Baths: —
Sq. Ft.: 19,590
Stories: 2.0
Lot Size: 2.19 acres
Style: Multi-Family (5+ Unit)
Year Built: 1987
Year Renovated: 1987
County: San Bernardino County
APN: 0439 392 39 0 000
Home facts updated by county records on Jun 24, 2026
Other
Listing Information
IDX Contact Info: jerrad.schendel@cbcinland.com
Days Active in MLS: 305
Continuous Days Active in MLS: 305
Listing Agent Information
List Agent First Name: Jerrad
List Agent Last Name: Schendel
Co-List Agent First Name: Robert
Co-List Agent Last Name: Basen
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: Jerrad
Buyer Agent Last Name: Schendel
Selling Office Information
Buyer Office Name: Coldwell Banker Commercial Rea
Around this home
Schools
Sandia Elementary School
Public K-8 • Assigned • 1.8mi
3/10
Granite Hills High School
Public 9-12 • Assigned • 2.4mi
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
7/10 Fire Factor
23% chance of being in a wildfire in next 30 years
7/10 Heat Factor
5 days above 99° expected this year, 12 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 • 92308
Average low and high temperatures (°F)
57
40
63
45
70
50
69
49
79
58
89
66
92
68
94
72
87
65
79
57
64
46
63
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.9 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.