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Sold for $860,000
  • Listed by: Coldwell Banker Envision • Joanna Nassar • Contact: joannasales365@gmail.com
    Bought with: Better Homes And Gardens Real Estate
    $860,000

    16228 Wato Rd, Apple Valley, CA 92307

    8beds
    8baths
    3,808sqft
    Quadruplex
    Built in 1984
    -- sqft lot
    $859,200 Zestimate®
    $226/sqft
    $1,681 Estimated rent

    Home value

    $859,200

    $782,000 - $945,000

    $1,681/mo

    Zestimate® history
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    $1,681/mo

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    $5,613/mo

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    What's special

    Single-car garage parkingFunctional layoutUpdated stairs
    Rare Opportunity to Own a Fully Rented 4-Unit Property Situated on Approximately Half an Acre in an Ideal Location. Properties like this do not come up often, making this a standout investment opportunity in today’s market. All Units Are Currently Rented, offering strong income potential. Each Unit Features a Functional Layout along with Single-Car Garage Parking, providing added convenience and appeal for tenants. Each unit is approximately 952 square feet and offers 2 bedrooms and 2 bathrooms. The expansive lot sets this property apart from others in the area, offering additional space and long-term potential. This Well-Maintained Property has seen Recent Upgrades, including Exterior Paint completed approximately 2 years ago, Updated Stairs, and Units that have been improved and are in Good Condition throughout. All Units Feature Their Own Laundry, adding everyday convenience, while the Two Upstairs Units offer Fireplaces for added comfort and appeal. Comparable multi-unit properties in the area continue to be in high demand, making this the type of asset investors are actively seeking. Conveniently located near Shopping, Schools, and major commuter routes, this property offers excellent accessibility and rental appeal. A Strong Opportunity to acquire a Well-Kept, Income-Producing 4-Plex in a desirable and growing market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joanna Nassar DRE #01964182 joannasales365@gmail.com,

    Coldwell Banker Envision

    Bought with:

    Francisco Lopez, DRE #01768184

    Better Homes And Gardens Real Estate

    Source: CRMLS,MLS#: HD26073633MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,808
    • Total interior livable area: 3,808 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 0.41 Acres
    • Features: Paved, Value In Land
    Details
    • Parcel number: 0473343090000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Apple Valley

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $239,860
    • Date on market: 4/8/2026
    • Cumulative days on market: 70 days
    • Listing terms: Cash,Conventional,FHA,Submit

    Price history

    DateEventPrice
    8/7/2026Sold$860,000-4.4%$226/sqft
    Source: CRMLS #HD26073633 Report a problem
    6/22/2026Pending sale$899,900$236/sqft
    Source: CRMLS #HD26073633 Report a problem
    6/10/2026Price change$899,900-9.9%$236/sqft
    Source: CRMLS #HD26073633 Report a problem
    4/8/2026Listed for sale$999,000+851.4%$262/sqft
    Source: CRMLS #HD26073633 Report a problem
    12/1/2016Listing removed$105,000$28/sqft
    Source: BONITA REALTY #CV16151447 Report a problem
    9/29/2016Listed for sale$105,000$28/sqft
    Source: BONITA REALTY #CV16151447 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $239,860 +2%
    2025$3,250 +2.8%$235,157 +2%
    2024$3,163 +1.1%$230,546 +2%
    2023$3,129 +1.6%$226,026 +2%
    2022$3,080 +2.3%$221,594 +2%
    2021$3,011 +1.3%$217,249 +1%
    2020$2,972 +1.9%$215,021 +2%
    2019$2,917 +5.1%$210,805 +2%
    2018$2,774 +1.5%$206,672 +2%
    2017$2,732 $202,620 +2%
    2016$2,732 +11.4%$198,647 +1.5%
    2015$2,453 +1.6%$195,663 +2%
    2014$2,415 $191,830 +0.5%
    2013-- $190,963 +2%
    2012-- $187,219 +2%
    2011-- $183,548 +0.8%
    2010-- $182,176 -0.2%
    2009-- $182,609 +2%
    2008-- $179,029 +2%
    2007-- $175,518 +2%
    2006-- $172,077 +2%
    2005-- $168,702 +2%
    2004-- $165,394 +1.9%
    2003-- $162,363 +2%
    2002-- $159,179 +2%
    2001-- $156,058 +2%
    2000-- $152,998
    Find assessor info on the county website

    Neighborhood: 92307

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $859,200
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    Estimated market value
    $859,200