Sold for $1,297,000 on 05/28/24
Listing Provided by:
DARREN CORREA DRE #02066621 909-256-7889,
LE INVESTMENT GROUP
Bought with: LE INVESTMENT GROUP
$1,297,000
16340 Wato Rd, Apple Valley, CA 92307
12beds
12baths
6,192sqft
Multi Family
Built in 1984
-- sqft lot
$1,298,900 Zestimate®
$209/sqft
$1,502 Estimated rent
Home value
$1,298,900
$1.17M - $1.44M
$1,502/mo
Zestimate® history
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What's special
*This Property to be sold as portfolio with 17807 Siskiyou Road, Apple Valley, CA 92307* Reference MLS#IV24038037
The Haven Vista Apartments are located at 16340 Wato Road, Apple Valley, CA 92307 & 17807 Siskiyou Road, Apple Valley, CA 92307. The investment in the Desert Knolls area of Apple Valley, encompassing two separate 6-unit buildings, presents a unique opportunity. These properties are well-equipped with garages, central heating and A/C, and offer scenic views, enhancing their appeal. The Desert Knolls location is desirable for its tranquility, accessibility, and proximity to essential amenities, making it an attractive option for investors seeking to capitalize on the residential demand in Apple Valley. The 12 unit apartment portfolio is comprised of two (6) unit complex consisting of (12) 2-bedroom / 2 bathroom units that are approximately 985-1200 Sq. Ft. The exceptional care that has been taken in this property, reflects the pride of ownership of its current owner. Scheduled maintenance, quality updates and improvements have always been a priority for the owner and make this property, a true turnkey asset for prospective buyers, who are looking for peace of mind, knowing they invested in a quality property, that will require minimal maintenance, for decades to come. As a result, the property demonstrates a minimal turn over and vacancy, in comparison to similar properties. The updated living conditions and the safe environment are both attractive features, to working class families, who constitute the tenant base. The rents are stable, with room for increases. The tenants will be willing to pay a premium to live in this safe and agreeable atmosphere.
Zillow last checked: 8 hours ago
Listing updated: May 31, 2024 at 09:49am
Listing Provided by:
DARREN CORREA DRE #02066621 909-256-7889,
LE INVESTMENT GROUP
Bought with:
DARREN CORREA, DRE #02066621
LE INVESTMENT GROUP
Source: CRMLS,MLS#: IV24038007
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 1 Common Wall,No One Above
Interior area
- Total structure area: 6,192
- Total interior livable area: 6,192 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 0.57 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 0473312040000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Apple Valley
Other
Other facts
- Listing terms: 1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2024 | Sold | $1,297,000+0.5%$209/sqft |
Source: | ||
| 4/5/2024 | Pending sale | $1,290,000$208/sqft |
Source: | ||
| 3/6/2024 | Contingent | $1,290,000$208/sqft |
Source: | ||
| 2/24/2024 | Listed for sale | $1,290,000$208/sqft |
Source: | ||
| 4/9/2021 | Listing removed | -- |
Source: Zillow Rental Manager | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92307
Nearby schools
GreatSchools rating
- 3/10Desert Knolls Elementary SchoolGrades: K-6Distance: 1.5 mi
- 8/10Academy for Academic ExcellenceGrades: K-12Distance: 1.1 mi
- 4/10Granite Hills High SchoolGrades: 9-12Distance: 6.8 mi
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Estimated market value
$1,298,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,298,900


