19287 Us Highway 18

Apple Valley, CA 92307

  • 0 Bed(s)
  • 0 Bath(s)
  • 7,200 Sqft
  • 26574
    Sqft(Lot)
$1,400,000

Description

Highlights: attractive in-place 6.29% cap rate and 10.67 grm, plus upside to a 7.25% proforma cap rate and 8.84 grm / attractive 6.00% interest rate with 60.20% ltv — strong leverage with conservative risk. / all large 2-bed layouts in single-story construction — ideal for tenant retention, rental demand, and low operating costs. / large 0.61 acres lot. onsite laundry and private garages for each unit — added income, value, and tenant convenience. / easy to manage – current owner is remote, offering efficiency potential for local management.



please do not disturb the tenants — drive by only. see the attached for more details.



le investment group is pleased to present this 8-unit multifamily opportunity on highway 18 in apple valley. all units feature spacious 2-bed/1-bath layouts. the property offers a strong in-place cap rate of 6.29%, with a proforma cap rate of 7.25%, showcasing both solid performance and upside potential. priced below comps at just $175k per unit. attractive financing available: 6.00% interest rate with 60.20% ltv.

  • Property Type

    Residential Income

  • County

    San Bernardino

  • Style

    Residential Income

  • AD ID

    49993684

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Gas Cooktop,Disposal,Gas Oven
    • Fireplace: Living Room
    • Flooring: Vinyl

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central,Fireplace(s)
    • Has Heating

    Fireplace

    • Fireplace Features: Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1979
    • Building Area Total: 7,200

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.6101
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 26574

  • Listing Price Information

    • Original List Price: 1,400,000
    • Listing Contract Date: 2025-05-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 0473042170000

  • Garage and Parking

    • Garage Description: Driveway,Garage Faces Front

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: APPV - Apple Valley
    • Postal Code Plus 4: 2619
    • Directions: Located on outter Highway 18, frontage.
    • Source Property Type: Residential Income
    • Area: APPV - Apple Valley
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 46
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 06/07/2025 @ 16:49

  • MLS: IV25120270
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 7,200 sqft, 26,574 sized lot, and 8 parking. are nearby neighborhoods.