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)
MLS #
CRPW25157357
MLS Source
California Regional MLS
Days on Site
3
Garage/Parking
Garage: 1 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 11 | – |
19170 Us Highway 18 is a Residential Income in Apple Valley, CA 92307. This – square foot property sits on a 21,567 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,695,000 and was built in 1959.
This address can also be written as 19170 Us Highway 18, Apple Valley, CA 92307.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 15, 2025. For the most current information, please contact Gary Ruhlen