Seller's Agent in 2025
Samuel Mikhail
The New City Realty
(562) 273-1307
2 in this area
41 Total Sales
SOLD APR 20, 2023
RENTED FEB 20, 2025
18969 Allegheny Rd Apple Valley, CA 92307
High Desert Neighborhood
8
Beds
5
Baths
6,394
Sq Ft
0.68
Acres
Highlights
- Second Garage
- No Interior Steps
- Tile Flooring
- Living Room
- Accessible Parking
- Forced Air Heating and Cooling System
About This Home
As of April 2023Excellent investor opportunity! Bread n Butter!(w. 7% Proforma Cap rate!) 7-unit income property has total 6,394 Sqft. Single-story well Maintained buildings built in 1980, (6) 2Bd-1bath units Plus a 2Bd-2bath SFR with 2car att. garage, on a 29,760SF. Lot w/plenty of parking spaces, 6 single garages, SOLD "AS IS" Units are in a high demand area Centrally located in the city of Apple Valley, near St. Mary's hospital, HWY18, schools and Shopping centers, and 7mns. to i15fwy
Last Agent to Sell the Property
REALTY MASTERS & ASSOCIATES License #00894505 Listed on: 03/17/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,083
Year Built
- Built in 1980
Lot Details
- 0.68 Acre Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 7 Car Garage
- 8 Open Parking Spaces
- Second Garage
- Parking Available
- Driveway
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
Interior Spaces
- 6,394 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Gas Range
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Accessible Home Design
- No Interior Steps
- Accessible Parking
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Conventional Septic
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 384
- Tax Tract Number 4475
- Assessor Parcel Number 0473037220000
- $1,800 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 7 Units
- Valley
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $100
- Insurance Expense $1,430
- Trash Expense $1,510
- Water Sewer Expense $3,855
- Operating Expense $7,020
- Gross Income $89,840
- Net Operating Income $82,820
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Rented | $1,395 | 0.0% | -- |
| 12/30/2024 12/30/24 | Price Changed | $1,395 | -6.7% | $0 / Sq Ft |
| 11/15/2024 11/15/24 | For Rent | $1,495 | 0.0% | -- |
| 04/20/2023 04/20/23 | Sold | $1,065,000 | -9.4% | $167 / Sq Ft |
| 03/17/2023 03/17/23 | For Sale | $1,175,000 | +80.8% | $184 / Sq Ft |
| 05/13/2016 05/13/16 | Sold | $650,000 | -6.5% | $102 / Sq Ft |
| 03/14/2016 03/14/16 | Pending | -- | -- | -- |
| 03/03/2016 03/03/16 | For Sale | $695,000 | -- | $109 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Samuel Mikhail
-
Carlos Orozco
Seller's Agent in 2023
Carlos Orozco
REALTY MASTERS & ASSOCIATES
(714) 398-2777
1 in this area
13 Total Sales
-
R
Seller's Agent in 2016
Richard Bounce
BOUNCE REALTY
-
B
Buyer's Agent in 2016
BERTHA LIMON
CENTURY 21 ROSE REALTY
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23042818
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