We are pleased to present the exclusive investment opportunity for Allegheny Arms Apartments, a 16-unit multifamily community located in the high-growth market of Apple Valley. Located at 19087 Allegheny Road, Apple Valley, CA, this well-located asset sits just a block off Highway 18, providing tenants with a premium location and unparalleled convenience to essential retail and lifestyle amenities. Its prime positioning offers quick access to destinations like St. Mary Medical Center, Desert Mountain Plaza, and Apple Valley Center, all within a short drive. The property’s proximity to Highway 18 allows for direct connection to other major cities within San Bernardino County and is conveniently located on the way to Las Vegas. Furthermore, the community is within a short driving distance of national retailers like Costco in Victorville and a variety of local shops and restaurants.
Allegheny Arms Apartments represents a rare multifamily asset in the market, consisting of 16 single-story condo-style units spanning a generous ±60,767 SF lot size with a ±17,360 SF building size. Built in 1987, the property features a uniform unit mix of sixteen 2-bedroom/2-bathroom single-story flats, averaging approximately 1,085 SF per unit. The community features low-maintenance, drought-resistant landscaping complemented by lush, mature greenery and a tranquil outdoor seating area, offering a serene environment designed to reduce overhead while maintaining high tenant retention. The architecture is defined by open-beam ceilings and brick fireplaces, creating a spacious and inviting interior feel. Interior features are equally impressive, boasting detached garages, two large private patios per unit, and in-suite laundry connections. The investment profile is further enhanced by recent infrastructure updates, including a resurfaced parking lot, redone decks and railings, and a completely relandscaped front exterior. Additional in-unit comforts include central air and heating, dishwashers, and breakfast bars.
This stable, well-maintained unit base provides immediate income security and remains a highly attractive offering for residents seeking quality, single-story housing in a convenient, well-established location. Whether for a first-time purchaser, a seasoned institutional investor, or a 1031 exchange buyer, Allegheny Arms Apartments offers long-term stability and an exceptional foothold in the thriving San Bernardino County submarket.
For sale
Listing Provided by: CB RICHARD ELLIS
$3,300,000
19087 Allegheny Rd, Apple Valley, CA 92307
32beds
32baths
17,360sqft
Est.:
Multi Family
Built in 1987
-- sqft lot
$-- Zestimate®
$190/sqft
$-- HOA
What's special
Resurfaced parking lotRedone decks and railingsBreakfast barsDetached garagesOpen-beam ceilingsCompletely relandscaped front exteriorLush mature greenery
- 7 days |
- 98 |
- 7 |
Zillow last checked:
Listing updated:
Listing Provided by:
Eric Chen 626-757-5717,
CB RICHARD ELLIS
Source: CRMLS,MLS#: CV26105265
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 32
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 17,360
- Total interior livable area: 17,360 sqft
Property
Parking
- Total spaces: 36
- Parking features: Garage
- Garage spaces: 16
- Uncovered spaces: 20
Features
- Levels: One,Two
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
Lot
- Size: 0.68 Acres
- Features: 16-20 Units/Acre
Details
- Additional parcels included: 047303728
- Parcel number: 0473037270000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Mountainous
Location
- Region: Apple Valley
Financial & listing details
- Price per square foot: $190/sqft
- Date on market: 5/14/2026
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 289533
Estimated market value
Not available
Estimated sales range
Not available
$1,741/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listed for sale | $3,300,000$190/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 92307
Nearby schools
GreatSchools rating
- 5/10Desert Knolls Elementary SchoolGrades: K-6Distance: 1.3 mi
- 9/10Academy for Academic ExcellenceGrades: K-12Distance: 1.8 mi
- 4/10Granite Hills High SchoolGrades: 9-12Distance: 5 mi
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Local buyer's agents are ready to help
- California
- San Bernardino County
- Apple Valley
- 92307
- 19087 Allegheny Rd

