Great Investment Opportunity with Upside! 11 units in Apple Valley!
6.0% Current CAP Rate. 7.7% Market CAP Rate (8.4% Market CAP rate w/ added ADU. ADU opportunity for the back garage space.
One (1) 3BR 1BA and ten (10) 1BR 1BA units.
10 carport spaces and 1 garage (being cleared for ADU).
10 of 11 units have been refurbished within the last 6 years. Most windows have been upgraded to new dual pane windows.
All landscaping was redone in full "desertscape" 3 years ago.
Units always have rented quickly. Quiet tenants. Quiet Bldg.
On site laundry income (WASH machines leased)
For sale
Listing Provided by:
Gary Ruhlen DRE #01770129 714-731-5900,
North Hills Realty
$1,695,000
19170 Us Highway 18, Apple Valley, CA 92307
13beds
11baths
7,606sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$1,645,100 Zestimate®
$223/sqft
$-- HOA
What's special
- 28 days
- on Zillow |
- 218 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 02:54pm
Listing Provided by:
Gary Ruhlen DRE #01770129 714-731-5900,
North Hills Realty
Source: CRMLS,MLS#: PW25157357
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 11
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,606
- Total interior livable area: 7,606 sqft
Property
Parking
- Total spaces: 11
- Parking features: Garage, Carport
- Garage spaces: 1
- Carport spaces: 10
- Covered spaces: 11
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 0.5 Acres
- Features: 11-15 Units/Acre
Details
- Parcel number: 0473037030000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking
Location
- Region: Apple Valley
Financial & listing details
- Price per square foot: $223/sqft
- Annual tax amount: $12,587
- Date on market: 7/14/2025
- Listing terms: Cash,Cash to New Loan,1031 Exchange,Submit
- Total actual rent: 154140
- Tenant pays: Cable TV, Electricity, Gas
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