Home | San Bernardino County | Apple Valley | 92307 | 15510 Tonekai

15510 Tonekai, Apple Valley, CA 92307

MLS: CRIV26222718 | Status: | Price: $960,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds	Baths	Sq Ft	Sq Ft Lot	Yr Built
–	–	–	0	1958

Remarks

Excellent six-unit multifamily investment opportunity located at 15510 Tonekai Road in Apple Valley, CA. Offered at $960,000 ($160,000 per unit), the property features an attractive 6.50% current CAP rate with upside to a 7.23% pro forma CAP rate. Built in 1958, the property consists of a single-story residential building totaling approximately 4,502 rentable square feet on a 0.39-acre lot. The desirable unit mix includes four 2-bedroom/1-bath units and two 1-bedroom/1-bath units, with spacious and functional floor plans. The property generates approximately $102,000 in annual scheduled rental income, with potential to increase to $110,400 at projected market rents. Additional features include onsite parking, stucco construction, and a low-density residential setting. Conveniently located near shopping, dining, healthcare facilities, and major employment centers throughout Apple Valley and the greater Victor Valley. An attractive opportunity to acquire an established income-producing multifamily asset with rental upside and long-term investment potential.

MLS Listing Information

Field	Value
MLS #	CRIV26222718
MLS Source	California Regional MLS
Days on Site	2

Features

Parking, School, and Other Information

Feature	Details
Garage/Parking	Garage: 0 Car(s)

Contact Information

DARREN CORREA
LE INVESTMENT GROUP
License #: 02066621
Phone: –

Property Units

# Buildings	# Leased Units	# Total Units
1	–	–

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School	Type	Grades	Distance	Rating
Phoenix Academy	public	K-8	0.43 mi	1
Desert Knolls Elementary School	public	K-6	2.57 mi	5
Yucca Loma Elementary School	public	K-6	2.66 mi	7
Rancho Verde Elementary School	public	K-6	2.80 mi	1
Rio Vista Elementary School	public	K-6	2.91 mi	4
Sitting Bull Academy	public	K-8	3.47 mi	4
Granite Hills High School	public	9-12	3.55 mi	4
Apple Valley Adult Education	public	UG	3.81 mi	N/A
High Desert Premier Academy	public	K-12	3.87 mi	1
Green Tree East Elementary School	public	K-6	4.12 mi	3
Sycamore Rocks Elementary School	public	K-6	4.18 mi	4
Apple Valley Virtual Academy	public	K-8	4.21 mi	7
Apple Valley Unified Preschool Special Education	public	UG	4.21 mi	N/A
Irwin Academy of Performing Arts	public	K-6	4.40 mi	4
Vanguard Preparatory School	public	K-8	4.64 mi	5
Victor Valley High School	public	9-12	4.68 mi	3
Victor Valley Adult Education	public	UG	4.75 mi	N/A
Lakeview Leadership Academy	public	7-12	4.77 mi	3
Goodwill Independent Study	public	7-12	4.88 mi	2
Victor Valley Virtual Academy	public	7-12	4.88 mi	7

Disclosures

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This listing information is up-to-date as of October 14, 2026. For the most current information, please contact DARREN CORREA.