$799,000

Estimated payment $4,692/month

8 Beds
8 Baths
3,600 Sq Ft
$222 Price per Sq Ft

About This Home

20285 Serrano, Apple Valley — **4-Unit Investor Opportunity | Updated 2BD/2BA Units + Private Garages** Don’t miss this **great 4-unit investment opportunity** in Apple Valley with **fair market rents already in place** and recent improvements that make this property truly rent-ready. **All four units are spacious 2-bedroom, 2-bath layouts**, and **each unit includes its own private garage**—a major tenant perk that supports strong demand and long-term retention. The units have been **freshly painted and updated with new flooring**, offering a clean, modern feel and helping minimize upfront maintenance for the next owner. Utility responsibilities are set up with investors in mind: **owner pays water and trash**, while **tenants pay electricity and gas**, keeping expenses more predictable while still passing through key utilities. A solid addition to any portfolio—ideal for buy-and-hold investors seeking stable income today with the potential to optimize performance over time.

Listing Agent

Beau Cooper

The Way Properties Brokerage Phone: 7609851063 License #01759308 Listed on: 06/03/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1984

Lot Details

  • 21,771 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 4112
  • Assessor Parcel Number 0441151160000
  • $1,298 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Trash Expense $3,000
  • Water Sewer Expense $3,000
  • Operating Expense $30,035
  • Gross Income $72,468
  • Net Operating Income $42,433

Property Details

Home Type

Apartment

Year Built

Built in 1984

Lot Details

0.5 Acres

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0441151160000
  • Year Built: 1984
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 221.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 21771.00
  • Lot Size Acres: 0.4998
  • Latitude Manual: 34.53641500

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 72468.00
  • Gross Scheduled Income: 72468.00
  • Lot Size Area: 21771.0000 Square Feet
  • Net Operating Income: 42433.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 30035.00
  • Rent Control: No
  • Total Expenses: 30035.00

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 4112
  • TaxOtherAnnualAssessmentAmount: 1298.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,406 $410,756 $28,446 $382,310
2024 $5,007 $402,702 $27,888 $374,814
2023 $4,959 $394,806 $27,341 $367,465
2022 $4,883 $387,065 $26,805 $360,260
2021 $4,772 $379,475 $26,279 $353,196
2020 $4,712 $375,584 $26,010 $349,574
2019 $4,625 $368,220 $25,500 $342,720
2018 $4,513 $361,000 $25,000 $336,000
2017 $2,374 $163,109 $55,479 $107,630
2016 $2,103 $159,911 $54,391 $105,520
2015 -- $157,509 $53,574 $103,935
2014 $2,042 $154,424 $52,525 $101,899
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 Prior Sale
06/03/2026 06/03/26 For Sale $799,000 +121.3% $222 / Sq Ft
07/11/2017 07/11/17 Sold $361,000 -1.1% $100 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $365,000 -- $101 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Interfamily Deed Transfer -- First American Title Company
Grant Deed $361,000 First American Title
Grant Deed $147,000 Chicago Title Company
Trustee Deed $533,483 Fnt
Grant Deed $620,000 Gateway Title
Grant Deed $535,000 First American
Grant Deed $120,000 Chicago Title Co
Trustee Deed $144,000 World Title Company
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 Loan Amount Loan Type
Previous Owner $270,750 New Conventional
Previous Owner $110,250 Purchase Money Mortgage
Previous Owner $480,000 Purchase Money Mortgage
Previous Owner $412,000 Fannie Mae Freddie Mac
Previous Owner $102,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HD26121327

California Regional Multiple Listing Service (CRMLS)

APN: 0441-151-16

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