See all 4 photos
$750,000
Est. payment /mo
8 Beds
4 Baths
Price Dropped by $39K
20380 Rimrock Road Apple Valley, CA 92307
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD25086467
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent Investment Opportunity 4-Plex in Prime Location! Why build when you can buy for less? In todays 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 upsidemaking 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. Dont miss this rare chance to own an income-producing multi-unit property in a prime locationpriced well below the cost to build new!
Location
State CA
County San Bernardino
Zoning Assessor
Direction HWY 18 TO RANCHERIAS, NORTH TO RIMROCK RD.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 0441151100000

Listed by Fran Fox Coldwell Banker Home Source
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