15762 Tuscola Road, Apple Valley, CA 92307
-
Listed Price :
$3,590,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1989
Property Description
**LOCATION**TOWNHOME STYLE**VALUE ADD**
INVESTMENT OVERVIEW
Location: Apple Valley, CA Units: 19 total, with 6 units delivered vacant
Unit Configuration: All units are 2 bedrooms and 1.5 bathrooms Townhome style
Parking: Each unit comes with a 2-car garage
Property Features:
Condition: Well-maintained property
Recent Upgrades: New roof * Updated fence and AC units HVAC
Layout: Open floor plan in all units - TOWNHOME STYLE
Amenities: No pool or additional amenities, leading to lower maintenance costs
Investment Potential:
Upside for New Buyer: Significant potential to increase rents or make improvements to boost value
Vacancy: 6 vacant units provide an immediate opportunity for new tenants at market rates
Market Appeal: Located near a hospital, retail, and shopping centers, making it attractive to potential renters
Market and Financial Stability:
Rental Market: Stable with consistent demand
Maintenance: Low due to recent updates and absence of high-maintenance amenities
Advantages:
Location: Proximity to essential services and amenities increases tenant appeal.
Immediate Upside: Vacant units offer potential for immediate rent adjustments.
Updated Features: New roof and modernized interiors reduce the need for immediate capital expenditure.
Low Maintenance: Absence of a pool or other high-maintenance amenities minimizes ongoing costs.
Conclusion:
This 19-unit apartment complex in Apple Valley, CA, represents a strong investment opportunity with immediate upside potential. The
combination of vacant units ready for market rate tenants, updated property features, and a prime location near essential services creates a
compelling case for investors seeking stable rental income with growth prospects.
Interior Features
| Laundry Information |
| Location(s) |
Laundry Chute, Electric Dryer Hookup, Gas Dryer Hookup |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Carpet, Tile, Vinyl |
| Interior Information |
| Features |
All Bedrooms Up, Jack and Jill Bath |
| Cooling Type |
Central Air |
Listing Information
| Address |
15762 Tuscola Road |
| City |
Apple Valley |
| State |
CA |
| Zip |
92307 |
| County |
San Bernardino |
| Listing Agent |
Diva Rescia DRE #02118714 |
| Co-Listing Agent |
Ken Shah DRE #01959110 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$3,590,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
30,000 |
| Year Built |
1989 |
Listing information courtesy of: Diva Rescia, Ken Shah, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 27th, 2024 at 9:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
