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Listed by Min Yang • Wetrust Realty
$750,000
Est. payment /mo
0.5 Acres Lot
New
20209 Otoe RD Apple Valley, CA 92307
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26020969
Year Built 1984
Lot Size 0.502 Acres
Property Sub-Type Fourplex
Source California Regional MLS
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
Rooms
Kitchen Oven Range
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry In Garage
Exterior
Parking Features Garage, Uncovered Parking
Garage Spaces 20.0
Pool 31, None
View None
Roof Type Shingle
Building
Water District - Public
Others
Tax ID 0441093030000
Special Listing Condition Not Applicable
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