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)
Sold for $1,525,000
Listing Provided by:
Gary Ruhlen DRE #01770129 714-731-5900,
North Hills Realty
Bought with: T.N.G Real Estate Consultants
$1,525,000
19170 Us Highway 18, Apple Valley, CA 92307
13beds
11baths
7,606sqft
Multi Family
Built in 1959
-- sqft lot
$1,530,500 Zestimate®
$200/sqft
$1,998 Estimated rent
Home value
$1,530,500
$1.38M - $1.70M
$1,998/mo
Zestimate® history
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Owner options
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$1,998/mo
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$9,543/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: October 31, 2025 at 02:22pm
Listing Provided by:
Gary Ruhlen DRE #01770129 714-731-5900,
North Hills Realty
Bought with:
Prisca Anes, DRE #01451052
T.N.G Real Estate Consultants
Source: CRMLS,MLS#: PW25157357
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & 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: 0.50 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 & neighborhood
Community
- Community features: Biking
Location
- Region: Apple Valley
HOA & financial
Other financial information
- Total actual rent: 154140
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $1,525,000-10%$200/sqft |
Source:  CRMLS #PW25157357 Report a problem | ||
| 9/17/2025 | Contingent | $1,695,000$223/sqft |
Source: CRMLS #PW25157357 Report a problem | ||
| 7/15/2025 | Listed for sale | $1,695,000$223/sqft |
Source: CRMLS #PW25157357 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92307
Nearby schools
GreatSchools rating
- 5/10Desert Knolls Elementary SchoolGrades: K-6Distance: 1.4 mi
- 1/10Phoenix AcademyGrades: K-8Distance: 1.8 mi
- 4/10Granite Hills High SchoolGrades: 9-12Distance: 4.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,530,500
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
$1,530,500
- California
- San Bernardino County
- Apple Valley
- 92307
- 19170 Us Highway 18