16340 Quantico RD, Apple Valley, CA 92307
$870,000
$900,000
3.3%
Est.Price: ?

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0.52 Acres Lot

16340 Quantico RD Apple Valley, CA 92307

Est. payment /mo
SOLD DATE : 08/02/2024

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Key Details

Sold Price $870,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID HD24102854

Sold Date 08/02/24

HOA Y/N No

Year Built 1988

Lot Size 0.518 Acres

Property Sub-Type Quadruplex

Property Description

Rare opportunity to own quadruplex (4 Units with Garages) in highly sought after Desert Knolls neighborhood in Apple Valley, Ca. Immediate upside if you can manage yourself currently with professional management company costing ±$5,400 in annual expenses. The Operating Expenses and NOI include new property taxes at ±$900,000 and current insurance coverage. Neighborhood includes nearby St. Mary's Hospital, high end homes, offices, restaurants, banks, shopping, and much more. Within minutes of the I-15 Freeway. Units feature 2 Beds 1 Baths with living area and kitchen. Two units have been completely remodeled last year with the higher rents and the other two units are long term tenants. Great pro-forma potential in a growing market with highly anticipated High Speed Train to Las Vegas plus millions of sq ft of industrial buildings proposed in the North Apple Valley Industrial Specific Plan.

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Biking, Curbs, Park, Street Lights, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Landscaped, Level, Paved, Rectangular Lot, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0473281030000

Acceptable Financing Cash, Conventional, FHA, Submit, VA Loan

Listing Terms Cash, Conventional, FHA, Submit, VA Loan

Financing Cash

Special Listing Condition Standard

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Listed by BRYEN WRIGHT First Team Real Estate-HighDes 760-792-4224, DRE #01948664
Bought with BRYEN WRIGHT First Team Real Estate-HighDes
Jessica Lam

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