NOT LISTED FOR SALE
8 Beds
-- Bath
3,656 Sq Ft
0.69 Acres

Last Sold April 07, 2023

Last sale price $770,000 $211 Per Sq Ft

97 Days on Market

Highlights

  • Golf Course Community
  • Hiking Trails
  • Dog Park
  • Community Lake
  • Laundry Room

About This Home

As of April 2023

This 6-Unit property is in a great location in Apple Valley all the tenants have been there for several years. Investors, you have plenty of room to build more units inside the property.

Two of the units are two bedrooms and one bath, the other four units have one bedroom and one bath. Each unit has a one-car garage and laundry hook-up in the attached garage and a small back yard.

The property is being sold "AS Is" the seller will not be doing any repairs.

Last Agent to Sell the Property

Cecilia Elizarraz

Partners Real Estate Group License #01271578 Listed on: 11/16/2022

Last Buyer's Agent

Charly Ubaldo

Keller Williams Victor Valley License #02088736

Keller Williams Victor Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.69 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • 3,656 Sq Ft Home
  • Apartment

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • 8 Bedrooms
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3399
  • Tax Tract Number 3477
  • $1,339 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Community Lake

Recreation

  • Golf Course Community
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $2,000
  • Professional Management Expense $3,000
  • Trash Expense $1,800
  • Water Sewer Expense $4,788
  • Operating Expense $6,588
  • Gross Income $65,700
  • Net Operating Income $5,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

6

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4788.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 210.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 30000.00
  • Lot Size Acres: 0.6887

Multi Family

  • Gross Income: 65700.00
  • Gross Scheduled Income: 65700.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 30000.0000 Square Feet
  • Net Operating Income: 5688.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 900.00
  • Rent Control: No
  • Total Expenses: 6588.00

Tax Info

  • Tax Lot: 3399
  • Tax Tract Number: 3477
  • TaxOtherAnnualAssessmentAmount: 1338.98

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $770,000 -6.1% $211 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
12/29/2022 12/29/22 Price Changed $820,000 -3.5% $224 / Sq Ft
11/16/2022 11/16/22 For Sale $850,000 +29.8% $232 / Sq Ft
07/09/2021 07/09/21 Sold $655,000 +0.8% $179 / Sq Ft View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $650,000 +47.8% $178 / Sq Ft
03/01/2018 03/01/18 Sold $439,900 -2.2% $120 / Sq Ft View Prior Sale
01/17/2018 01/17/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $449,900 -- $123 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22243027

California Regional Multiple Listing Service (CRMLS)