Excellent Investment Opportunity – 4-Plex in Prime Location!
Why build when you can buy for less? In today’s market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice.
This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage.
Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid.
With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential.
Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes.
Don’t miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!
Sold for $650,000 on 09/29/25
Listing Provided by:
Fran Fox DRE #01150180 7605593589,
Coldwell Banker Home Source
Bought with: Coldwell Banker Home Source
$650,000
20380 Rimrock Rd, Apple Valley, CA 92307
16beds
16baths
3,604sqft
Quadruplex
Built in 1985
-- sqft lot
$649,900 Zestimate®
$180/sqft
$1,706 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 29, 2025 at 07:55pm
Listing Provided by:
Fran Fox DRE #01150180 7605593589,
Coldwell Banker Home Source
Bought with:
Fran Fox, DRE #01150180
Coldwell Banker Home Source
Source: CRMLS,MLS#: HD25086467
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Garage
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,604
- Total interior livable area: 3,604 sqft
Property
Parking
- Total spaces: 8
- Parking features: Door-Multi, Driveway, Garage, Garage Faces Side
- Garage spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 0.42 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 0441151100000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Community
- Community features: Hiking, Park
Location
- Region: Apple Valley
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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Estimated market value
$649,900