15762 Tuscola Road, Apple Valley, CA 92307

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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 30th, 2024 at 5:39 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.