20285 Serrano Rd Apple Valley, CA 92307
High Desert NeighborhoodEstimated payment $4,692/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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|
| 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: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD26121327
APN: 0441-151-16
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