20285 Serrano Rd Apple Valley, CA 92307
High Desert NeighborhoodEstimated payment $4,792/month
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
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
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 | $5,406 | $418,971 | $29,015 | $389,956 |
| 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 |
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 |
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 |
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 |
|---|---|---|---|
| Open | $260,000 | New Conventional | |
| Previous Owner | $270,750 | New Conventional | |
| Previous Owner | $135,000 | New Conventional | |
| Previous Owner | $110,250 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Stand Alone Second | |
| Previous Owner | $480,000 | Purchase Money Mortgage | |
| Previous Owner | $88,000 | Stand Alone Second | |
| Previous Owner | $412,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $184,000 | Unknown | |
| Previous Owner | $102,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD26121327
APN: 0441-151-16
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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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