20380 Rimrock Rd Apple Valley, CA 92307
High Desert NeighborhoodEstimated payment $4,488/month
Total Views
3,944
8
Beds
4
Baths
3,604
Sq Ft
$208
Price per Sq Ft
Highlights
- Hiking Trails
- Laundry Room
- 1-Story Property
- Park
- Central Heating and Cooling System
About This Home
Excellent Investment Opportunity – 4-Plex in Prime Location!
Why build when you can buy for less? In today’s market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice.
This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage.
Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid.
With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential.
Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes.
Don’t miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!
Listing Agent
Coldwell Banker Home Source Brokerage Phone: 7605593589 License #01150180 Listed on: 04/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,574
Year Built
- Built in 1985
Lot Details
- 0.42 Acre Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
- Parking Available
- Side Facing Garage
- Two Garage Doors
- Driveway
Home Design
- Quadruplex
Interior Spaces
- 3,604 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Tax Lot 57
- Tax Tract Number 4112
- Assessor Parcel Number 0441151100000
- $2,018 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 4 Units
Recreation
- Park
- Hiking Trails
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1
- Fuel Expense $1
- Gardener Expense $1
- Insurance Expense $1
- Maintenance Expense $1
- Other Expense $328,773
- Professional Management Expense $1
- Water Sewer Expense $1
- Operating Expense $29,981
- Net Operating Income $29,566
Map
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
Tax History
| 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 | $4,574 | $663,000 | $102,000 | $561,000 |
| 2024 | $4,574 | $255,590 | $17,041 | $238,549 |
| 2023 | $3,714 | $250,579 | $16,707 | $233,872 |
| 2022 | $3,303 | $245,665 | $16,379 | $229,286 |
| 2021 | $3,578 | $240,848 | $16,058 | $224,790 |
| 2020 | $3,187 | $238,378 | $15,893 | $222,485 |
| 2019 | $3,128 | $233,704 | $15,581 | $218,123 |
| 2018 | $3,053 | $229,121 | $15,275 | $213,846 |
| 2017 | $3,009 | $224,628 | $14,975 | $209,653 |
| 2016 | $2,727 | $220,223 | $14,681 | $205,542 |
| 2015 | $3,021 | $216,915 | $14,460 | $202,455 |
| 2014 | $2,649 | $212,666 | $14,177 | $198,489 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $750,000 | -5.0% | $208 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $789,800 | 0.0% | $219 / Sq Ft |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 04/19/2025 04/19/25 | For Sale | $789,800 | -- | $219 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | Landsafe | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $180,000 | First American | |
| Trustee Deed | $118,703 | First American | |
| Grant Deed | $134,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Grant Deed | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Grant Deed | $50,000 | First American Title Ins Co | |
| Trustee Deed | $110,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $785,725 | Construction | |
| Previous Owner | $203,200 | New Conventional | |
| Previous Owner | $235,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $133,740 | No Value Available | |
| Previous Owner | $35,000 | Stand Alone Second | |
| Previous Owner | $20,000 | Stand Alone Second | |
| Previous Owner | $134,196 | No Value Available | |
| Previous Owner | $75,600 | No Value Available |
Source: Public Records
Similar Homes in Apple Valley, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD25086467
APN: 0441-151-10
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.
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
Nearby Homes
- 20316 Rimrock Rd
- 0 Serrano Rd Unit IV25153695
- 15737 Sago Rd
- 15856 Winnebago Rd
- 20151 Serrano Rd
- 20152 Serrano Rd
- 20247 Carlisle Rd Unit D
- 20211 Carlisle Rd
- 0 Broken Bow Rd
- 16025 Chehalis Rd
- 20020 Symeron Rd
- 15576 Washoan Rd
- 0 Straight Arrow Rd
- 19949 Rimrock Rd
- 16035 Wyandot Rd
- 15419 Wichita Rd
- 15001 Bass Hill Rd
- 20230 Us Highway 18
- 20705 Thunderbird Rd
- 0 Outer Highway 18 N
- 20381 Zuni Rd
- 15430 Straight Arrow Rd Unit 2
- 15965 Sago Rd Unit 1
- 15666 Ute Rd
- 14985 Genesee Rd
- 19170 Outer Hwy 18 N Unit 9
- 21825 Thunderbird Rd
- 16100 Navajo Rd
- 21533 Pine Ridge Ave Unit 2
- 15762 Tuscola Rd
- 14258 Tonikan Rd
- 16383 Quantico Rd
- 21645 Powhatan Rd Unit 11
- 19187 Cochise Place
- 13060 Kiowa Rd
- 16342 Ridge View Dr
- 13249 Osage Rd
- 13192 Navajo Rd Unit 1
- 18075 Lakeview Dr
- 18498 Niagara Dr