Apple Valley, CA 92308 13584 Yakima Road
$1,940,000
7 more
Presented By: Dimitre Petrov with CRI; 949-996-7096
Beds • 22
Full/Half Baths • 2 / 1
SQFT • 10,260
Garage • 9
Year Built • 1986
Home Details
Introducing an exceptional investment opportunity in Apple Valley, California – 13584 Yakima Rd. This well-maintained property, built in 1986, boasts 11 units with a mix of two-bedroom layouts, offering a reliable income stream for savvy investors. The attractive property features private patios for each unit, enhancing tenant appeal and retention rates. Benefiting from a convenient location near schools and shopping centers, this multifamily property presents a solid addition to any investment portfolio. With a current occupancy rate of 91%, each unit is designed for quality living, ensuring tenant satisfaction and consistent rental income. Notable highlights include the upcoming Brightline West high-speed railway project, set to connect Los Angeles to Las Vegas with a stop in Apple Valley, further enhancing the area's accessibility and desirability. Don't miss out on this opportunity to own 13584 Yakima Rd and capitalize on its potential in this thriving market.
Presented By: Dimitre Petrov with CRI; 949-996-7096
Interior Features for 13584 Yakima Road
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 13584 Yakima Road
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.24
Carport Y/NNo
CityApple Valley
Community FeaturesSuburban
CoolingCentralAir
CountySan Bernardino
DirectionsSouth Side of Highway 18 heading East from I-15.
Electric Expense1040.8
Electric On Property Y/NNo
Entry LocationSouth & East
Fuel Expense309.0
Garage Spaces9.0
Garage Y/NYes
Gross Income182328.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense7426.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet42401.3
Lot Size UnitsAcres
MLS AreaAPPV - Apple Valley
MobileHomeRemainsYNNo
Net Operating Income121006.0
New ConstructionNo
Number Of Units Total11
Number of Units Leased10
Open Parking Spaces13.0
Operating Expense54153.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot3440
Tenant PaysElectricity, Gas
Total Actual Rent14934.0
Trash Expense8962.7
ViewNone
Water Sewer Expense3295.0
Waterfront Y/NNo
Year Built1986
Year Built SourcePublicRecords
Exterior for 13584 Yakima Road
Building Area Total10260.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.9734
Lot Size Area0.9734
Lot Size SourcePublicRecords
Number of Buildings3
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking22.0
Water SourcePublic
Additional Details
Price History
Justin Hughey
Price
$1,940,000
MLS#OC25022791
List Date
01/31/2025
Property Type
Multi-Family
Phone
(562) 818-1655
