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Sold for $870,000 on 08/02/24
  • Listing Provided by: 

    Bryen Wright DRE #01948664 760-792-4224,

    First Team Real Estate-HighDes

    $870,000

    16340 Quantico Rd, Apple Valley, CA 92307

    --beds
    --baths
    4,088sqft
    Quadruplex
    Built in 1988
    -- sqft lot
    $873,300 Zestimate®
    $213/sqft
    $2,123 Estimated rent

    What's special

    Rare opportunity to own quadruplex (4 Units with Garages) in highly sought after Desert Knolls neighborhood in Apple Valley, Ca. Immediate upside if you can manage yourself currently with professional management company costing ±$5,400 in annual expenses. The Operating Expenses and NOI include new property taxes at ±$900,000 and current insurance coverage. Neighborhood includes nearby St. Mary's Hospital, high end homes, offices, restaurants, banks, shopping, and much more. Within minutes of the I-15 Freeway. Units feature 2 Beds 1 Baths with living area and kitchen. Two units have been completely remodeled last year with the higher rents and the other two units are long term tenants. Great pro-forma potential in a growing market with highly anticipated High Speed Train to Las Vegas plus millions of sq ft of industrial buildings proposed in the North Apple Valley Industrial Specific Plan.

    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2024 at 08:50am

    Listing Provided by:

    Bryen Wright DRE #01948664 760-792-4224,

    First Team Real Estate-HighDes

    Bought with:

    Bryen Wright, DRE #01948664

    First Team Real Estate-HighDes

    Source: CRMLS,MLS#: HD24102854MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,088
    • Total interior livable area: 4,088 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 0.52 Acres
    • Features: Landscaped, Level, Paved, Rectangular Lot, Yard
    Details
    • Parcel number: 0473281030000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Park, Street Lights, Sidewalks
    Location
    • Region: Apple Valley

    HOA & financial

    Other financial information
    • Total actual rent: 67488

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,Submit,VA Loan
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $873,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $873,300