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Jeffrey Bullock

[email protected]

$ 750,000

Est. payment -/mo

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20209 Otoe RD Apple Valley, CA 92307

0.5 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26020969

HOA Y/N No

Year Built 1984

Lot Size 0.502 Acres

Property Sub-Type Quadruplex

Property Description

Excellent Investment Opportunity! Rare duplex-style four-unit property thoughtfully designed to operate like four single-family residences. Each unit features 2 bedrooms, 1 bathroom, a private yard, its own HVAC system, and direct access to attached 2-car garage w/laundry hookup, offering tenants privacy and functionality seldom found in multifamily properties. 3 units are currently occupied; 1 vacant renovated unit—ideal for owner occupancy or immediate lease-up at market rent. Renovations include fresh interior paint, new durable vinyl flooring and window blinds; also comes with tile floor and newer HVAC. This property is highly efficient with minimal operating expenses: Tenants pay all utilities, including water and trash, while the owner is ONLY responsible for gardening, keeping ownership costs extremely low. Additional highlights include long-term tenants, upside rent potential, partial roof replacement, and a well-maintained condition throughout. Conveniently located near shopping, schools, and major roads, this is a turnkey investment with strong cash flow and future growth. A rare opportunity to own a high-performing income property that feels like single-family living. Cap rate 6.5%, great return on investment!

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Free-Standing Range

Laundry In Garage

Exterior

Parking Features Direct Access, Garage, Shared Driveway, Uncovered

Garage Spaces 8.0

Garage Description 8.0

Fence Chain Link, Wood

Pool None

Community Features Rural

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 20

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 0441093030000

Acceptable Financing Cash to Existing Loan, Conventional, 1031 Exchange

Listing Terms Cash to Existing Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Min Yang Wetrust Realty [email protected]

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 7

8

Rio Vista Elementary School

Public | KG - 8
4

Desert Knolls Elementary School

Public | KG - 6
1

Yucca Loma Elementary School

Public | KG - 6
1

Rancho Verde Elementary School

Public | KG - 7
1

Phoenix Academy

Public | KG - 8
0

Oxford Preparatory

Private | 1 - 12
0

St Timothy's Preparatory School

Private | PK - 8

School and business data provided by Attom Data.

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