NOT LISTED FOR SALE

16097 Muni Rd Apple Valley, CA 92307

High Desert Neighborhood

Estimated Value: $878,412 - $1,034,000

10 Beds
8 Baths
4,800 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2025

Last sale price $912,500 $190 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,383 / mo

138 Days on Market

About This Home

As of August 2025

Super clean Desert Knolls 4 Plex with sweeping desert views. 2 – 2 bedroom 2 bath and 2 – 3 bedroom 2 bath. All units have laundry facilities and 30’ deep 2 car garages, both 3 bedroom units have fireplaces. 50% of the AC units have been replaced within the last 5 years and water main line from meter to building recently replaced.

Desert Knolls 4-Plex – A Prime Investment with Stunning Views!
Super clean and well-maintained 4-plex in the highly desirable Desert Knolls neighborhood! Offering breathtaking desert vistas, this property features:
*2 Spacious 2-Bed/2-Bath Units
*2 Large 3-Bed/2-Bath Units
*In-Unit Laundry in all units for Tenant Convenience
*Fireplaces (in the 3bedroom units)
*All units have oversized 30’ Deep 2-Car Garages for Ample Storage
*50% of AC units replaced in the last 5 years
*Brand new water main line recently installed
*All units are Month to Month
A rare turnkey opportunity for investors seeking strong rental potential in a prime location! Don’t miss out!

Last Agent to Sell the Property

Bob Basen

Coldwell Banker Commercial Rea Brokerage Phone: 7607928622 License #00521368 Listed on: 03/04/2025

Coldwell Banker Commercial Rea

Co-Listed By

Jerrad Schendel

Coldwell Banker Commercial Rea Brokerage Phone: 7607928622 License #01971338

Last Buyer's Agent

Peter Adler

Incom Properties License #01520651

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 18,025 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 368
  • Tax Tract Number 7802
  • Assessor Parcel Number 0473412170000
  • $445 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,917
  • Trash Expense $2,990
  • Water Sewer Expense $2,532
  • Operating Expense $10,439
  • Gross Income $55,452
  • Net Operating Income $45,013

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.41 Acres

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2532.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0473412170000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One, Two
  • Price Per Square Foot: 190.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2990.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 16-20 Units/Acre
  • Lot Size Sq Ft: 18025.00
  • Lot Size Acres: 0.4138

Multi Family

  • Gross Income: 55452.00
  • Gross Scheduled Income: 55452.00
  • Insurance Expense: 4917.00
  • Lot Size Area: 18025.0000 Square Feet
  • Net Operating Income: 45013.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10439.00
  • Rent Control: Yes
  • Total Expenses: 10439.00

Tax Info

  • Tax Census Tract: 121.01
  • Tax Lot: 368
  • Tax Tract Number: 7802
  • TaxOtherAnnualAssessmentAmount: 445.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Aug 5, 2025
Sold by
Bought by
Seller's Agent
Bob Basen
Coldwell Banker Commercial Rea
Buyer's Agent
Peter Adler
Incom Properties
List Price
$990,000
Sold Price
$912,500
Premium/Discount to List
-$77,500
-7.83%
Views
50
Current Estimated Value
$946,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,353
Avg. Annual Appreciation
4.44%
Original Mortgage
$547,500
Outstanding Balance
$546,842
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$400,011

Purchase Details

Closed on
Jan 18, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
$912,500 Orange Coast Title
-- None Available
-- None Available
-- Home Connects
-- --
-- --
$153,000 American Title Ins Co
Source: Public Records

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 Borrower Loan Amount
Open $547,500
Previous Owner $225,000
Source: Public Records

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
08/15/2025 08/15/25 Sold $912,500 -7.8% $190 / Sq Ft
07/20/2025 07/20/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $990,000 0.0% $206 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $990,000 -- $206 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $3,224 $274,105 $49,837 $224,268
2024 $3,133 $268,731 $48,860 $219,871
2023 $3,104 $263,462 $47,902 $215,560
2022 $3,058 $258,296 $46,963 $211,333
2021 $2,988 $253,231 $46,042 $207,189
2020 $2,952 $250,635 $45,570 $205,065
2019 $2,897 $245,720 $44,676 $201,044
2018 $2,826 $240,902 $43,800 $197,102
2017 $2,787 $236,178 $42,941 $193,237
2016 $2,682 $231,547 $42,099 $189,448
2015 $2,642 $228,069 $41,467 $186,602
2014 $2,607 $223,602 $40,655 $182,947
Source: Public Records

Agents Affiliated with this Home

  • Bob Basen

    Seller's Agent in 2025

    Bob Basen

    Coldwell Banker Commercial Rea

    (760) 684-8000

    26 in this area

    55 Total Sales

    Bob Basen
    Section Image
  • Jerrad Schendel

    Seller Co-Listing Agent in 2025

    Jerrad Schendel

    Coldwell Banker Commercial Rea

    (714) 287-8119

    26 in this area

    52 Total Sales

    Jerrad Schendel
    Section Image

  • P

    Buyer's Agent in 2025

    Peter Adler

    Incom Properties

    (800) 882-0849

    1 in this area

    4 Total Sales

    Peter Adler
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HD25047495

California Regional Multiple Listing Service (CRMLS)

APN: 0473-412-17

California San Bernardino County Apple Valley 92307 High Desert

16097 Muni Rd, Apple Valley, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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