Sold for $1,050,000 on 10/22/24
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Bought with: RE/MAX 2000 REALTY
$1,050,000
21430 Nisqually Rd, Apple Valley, CA 92308
12beds
6baths
4,896sqft
Multi Family
Built in 1965
-- sqft lot
$1,019,200 Zestimate®
$214/sqft
$1,980 Estimated rent
Home value
$1,019,200
$917,000 - $1.13M
$1,980/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
We are pleased to exclusively offer for sale this excellent cash flowing opportunity in the growing city of Apple Valley. Our featured multi-family property boasts a current GRM of 10.14 and an attractive cap rate of 6.89%. This well-maintained asset includes six spacious 2-bed/1-bath units spread across three charming duplex structures. Each unit benefits from single-story construction on a substantial 43,000+ sq. ft. lot, offering tenants the convenience of private 1-car garages and in-unit washer/dryer hookups. The property is individually metered for electricity and gas, ensuring clear and manageable utility costs. Additionally, the design of the units with separate garages ensures privacy with no shared walls. With the potential to build additional structures or ADUs (buyer or buyer's agent to verify with city authorities), this stable asset presents limited maintenance requirements and promising long-term returns.
The city of Apple Valley, with a median household income of around $60,000, offers a balanced cost of living, making it an attractive option for residents. The city's historical vacancy rate for apartments has remained relatively low, reflecting strong demand for rental properties. Tenants are drawn to Apple Valley for its scenic desert landscapes, excellent schools, and a family-friendly atmosphere that provides a high quality of life.
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 07:35pm
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Bought with:
Kristopher German, DRE #01800021
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV24175165
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,896
- Total interior livable area: 4,896 sqft
Property
Parking
- Total spaces: 24
- Parking features: Garage
- Garage spaces: 6
- Uncovered spaces: 18
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 1.00 Acres
- Features: 6-10 Units/Acre, Lot Over 40000 Sqft
Details
- Parcel number: 3087334140000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks
Location
- Region: Apple Valley
HOA & financial
Other financial information
- Total actual rent: 9250
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2024 | Sold | $1,050,000-6.7%$214/sqft |
Source: | ||
| 9/17/2024 | Pending sale | $1,125,000$230/sqft |
Source: | ||
| 8/23/2024 | Price change | $1,125,000+36.4%$230/sqft |
Source: | ||
| 1/13/2022 | Pending sale | $825,000$169/sqft |
Source: | ||
| 12/29/2021 | Listed for sale | $825,000+92.3%$169/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92308
Nearby schools
GreatSchools rating
- 4/10Yucca Loma Elementary SchoolGrades: K-6Distance: 0.9 mi
- NAApple Valley Unified Preschool Special EducationGrades: Distance: 0.5 mi
- 5/10Apple Valley High SchoolGrades: 9-12Distance: 1.4 mi
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
$1,019,200
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
$1,019,200



