15762 Tuscola Road
Apple Valley, CA 92307
0.69 acres | #PW24135355
Description
**LOCATION**TOWNHOME STYLE**VALUE ADD**
INVESTMENT OVERVIEW
Location: Apple Valley, CA Units: 19 total, with 6 units delivered vacant
Unit Configuration: All units are 2 bedrooms and 1.5 bathrooms Townhome style
Parking: Each unit comes with a 2-car garage
Property Features:
Condition: Well-maintained property
Recent Upgrades: New roof * Updated fence and AC units HVAC
Layout: Open floor plan in all units - TOWNHOME STYLE
Amenities: No pool or additional amenities, leading to lower maintenance costs
Investment Potential:
Upside for New Buyer: Significant potential to increase rents or make improvements to boost value
Vacancy: 6 vacant units provide an immediate opportunity for new tenants at market rates
Market Appeal: Located near a hospital, retail, and shopping centers, making it attractive to potential renters
Market and Financial Stability:
Rental Market: Stable with consistent demand
Maintenance: Low due to recent updates and absence of high-maintenance amenities
Advantages:
Location: Proximity to essential services and amenities increases tenant appeal.
Immediate Upside: Vacant units offer potential for immediate rent adjustments.
Updated Features: New roof and modernized interiors reduce the need for immediate capital expenditure.
Low Maintenance: Absence of a pool or other high-maintenance amenities minimizes ongoing costs.
Conclusion:
This 19-unit apartment complex in Apple Valley, CA, represents a strong investment opportunity with immediate upside potential. The
combination of vacant units ready for market rate tenants, updated property features, and a prime location near essential services creates a
compelling case for investors seeking stable rental income with growth prospects.
Property Details
- Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, SewerAvailable
- Lot DescriptionSixteenToTwentyUnitsAcre, Walkstreet, Yard
- InteriorAllBedroomsUp, JackAndJillBath
- ViewHills, Neighborhood
- FoundationConcretePerimeter
- CountySan Bernardino
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$3,590,000
- MLS #PW24135355
- MLS #PW24135355
- Property SubtypeApartment
- Cost3590000
- Acres0.6887
- Utility SourcePublic
- Year Built1989
- Parking Spaces38
- Stories2
Location
Legal
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. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Diva Rescia (#PWRESDIV)
Listing Office: Marcus & Millichap (#PB12429)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
