Description

This well-priced 7-unit multifamily property in Apple Valley presents a rare opportunity for investors seeking immediate income with significant upside potential. The diverse unit mix ranges from studios to spacious 2-bedroom units, providing stable and balanced rental income with broad tenant appeal. Several units are currently on month-to-month agreements, allowing flexibility to adjust rents toward market levels, while others are already achieving near-market or market rents, offering both stability and room for increased cash flow. Situated on a massive 30,000 sq ft lot, the property provides additional long-term value and potential future development or expansion opportunities (buyer to verify). With strong rental demand in the area and clear value-add potential, this asset is ideal for investors looking to expand and strengthen their portfolio. Opportunities like this are extremely limited in Apple Valley. The same owner is also selling 15975 Serrano Rd, Apple Valley, CA 92307, presenting the unique opportunity to acquire multiple income-producing properties simultaneously.