Listing provided courtesy of Gary Ruhlen of North Hills Realty. Last updated 2025-09-07 08:12:04.000000. Listing information © 2025 Sandicor.
Asking Price: $1,695,000 |
19170 US Highway 18, Apple Valley CA 92307
Community: APPV - Apple Valley
This Apartment property was built in 1959 and is priced at $1,695,000. Please see the additional details below.
Great Investment Opportunity with Upside! 11 units in Apple Valley!
6.0% Current CAP Rate. 7.7% Market CAP Rate (8.4% Market CAP rate w/ added ADU. ADU opportunity for the back garage space.
One (1) 3BR 1BA and ten (10) 1BR 1BA units.
10 carport spaces and 1 garage (being cleared for ADU).
10 of 11 units have been refurbished within the last 6 years. Most windows have been upgraded to new dual pane windows.
All landscaping was redone in full "desertscape" 3 years ago.
Units always have rented quickly. Quiet tenants. Quiet Bldg.
On site laundry income (WASH machines leased)
