1111 Apple Ave Wrightwood, CA 92397
Wrightwood AreaEstimated payment $8,164/month
Highlights
- 0.42 Acre Lot
- Mountainous Community
- Rectangular Lot
- 12 Car Direct Access Garage
About This Home
Have you been thinking of investing in apartments? Leola Commercial, Inc is proud to present 1111 Apple Avenue, a 6-unit multifamily investment opportunity located in Wrightwood, California. Consisting of all (2+1) renovated units with 2-car attached garages. This investment opportunity offers large units suitable for families and working professionals. This well-maintained property features large unit town-home style layouts, patios, and secured covered parking. Several units have been recently renovated, providing investors with strong in-place cash flow along with meaningful value-add potential. The property boast a newer roof installed in 2022 and newer water heaters in most of the units. The property sits on a 18,489 SF lot and offers approximately 6,602 SF of rentable space. Current rents are approximately 23.63% below market, presenting a clear opportunity for rent growth. A savvy investor may further enhance returns by converting the garages to ADU’s and add additional parking in the rear of the building. Nestled about 50 minutes southeast of Palmdale, this mountain community is next to Mountain High Ski Resort! The asset benefits from excellent freeway access via State Highway 2 and State Highway 38 (connecting from the north) and is located about 15 miles from Interstate 15, enhancing tenant demand and long-term investment stability. Highlights: Rare opportunity to acquire a stabilized 6-unit multifamily asset, Strong in-place cash flow, Approximately 23.63% rental upside, 6 of 6 units renovated with new flooring and fresh paint, 2 car attached garages with direct access to the apartment, Significant rental upside and value-add opportunity, Pride-of-ownership property.
Listing Agent
LEOLA Commercial , Inc. Brokerage Phone: 818-482-3666 License #02056431 Listed on: 08/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 18,489 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
- 0355113080000
Parking
- 12 Car Direct Access Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 6,602 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tax Lot 173
- Tax Tract Number 2999
- Assessor Parcel Number 0355113070000
- $295 per year additional tax assessments
Community Details
Overview
- 6 Units
- Mountainous Community
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Insurance Expense $9,500
- Maintenance Expense $5,885
- Other Expense $17,188
- Professional Management Expense $3,614
- Trash Expense $2,100
- Water Sewer Expense $4,259
- Operating Expense $42,546
- Gross Income $124,200
- Net Operating Income $81,654
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,287 | $665,696 | $102,831 | $562,865 |
| 2025 | $7,287 | $652,643 | $100,815 | $551,828 |
| 2024 | $7,214 | $639,846 | $98,838 | $541,008 |
| 2023 | $7,140 | $627,300 | $96,900 | $530,400 |
| 2022 | $6,982 | $615,000 | $95,000 | $520,000 |
| 2021 | $8,481 | $761,466 | $121,348 | $640,118 |
| 2020 | $8,382 | $753,658 | $120,104 | $633,554 |
| 2019 | $8,219 | $738,880 | $117,749 | $621,131 |
| 2018 | $7,403 | $724,392 | $115,440 | $608,952 |
| 2017 | $7,270 | $710,188 | $113,176 | $597,012 |
| 2016 | $7,111 | $696,263 | $110,957 | $585,306 |
| 2015 | $7,021 | $685,804 | $109,290 | $576,514 |
| 2014 | $6,902 | $672,370 | $107,149 | $565,221 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $1,375,000 | +48.6% | $208 / Sq Ft | |
| 11/09/2021 11/09/21 | Sold | $925,000 | -2.5% | $140 / Sq Ft | View Prior Sale |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- | |
| 08/13/2021 08/13/21 | For Sale | $949,000 | -- | $144 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $925,000 | California Best Title Co Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $727,500 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26169312
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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