17802 QuanticoApple Valley, CA 92307

Description

Rarely available 18-unit multifamily investment in Apple Valley’s highly desirable Desert Knolls submarket, offering strong cash flow, excellent occupancy, and easy leasing demand. Composed of all spacious 2-bed/1-bath units (~874 sq. ft. each), this gated community stands out with separate gas and electric meters, individual hot water heaters, and A/C & central heating. Situated on an oversized 60,548 sq. ft. (1.39+ acre) lot with mountain views and great curb appeal, the property includes four separate two-story buildings, garage parking plus additional open spaces, and wrought-iron gated entry. On-site laundry adds ancillary income potential. Recent capital improvements have been completed on 16 of the 18 units, including updated kitchens and bathrooms and laminated wood flooring, allowing the property to command premium rents. These upgrades position the asset for long-term stability with less maintenance. Located near St. Mary’s Hospital, schools, shopping, and close to freeways. This is a good opportunity for investors.

Property Information

Property type

Residential Income

Sub-type

Apartment

Year built

1986

Stories

2

Building area

15,732 Sq Ft

Lot size

1.39 acres

Garage spaces

18

Parking spaces

36

Days on market

286

MLS^® Listing#

CV25280375

Property Features

Appliances

Dishwasher · Gas Cooktop · Gas Oven · Gas Range · Water Heater

Cooling

Wall/Window Unit(s)

Heating

Central

Flooring

Carpet · Laminate

Fireplace

Kitchen · Living Room

Pool

None

Parking

Assigned · Covered · Garage

Laundry

Common Area

Fencing

Block · Chain Link · Wrought Iron

Lot features

Back Yard · Front Yard

Community

Curbs · Suburban

Utilities

Electricity Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

0473153220000

Directions

Cross Streets: Hwy 18 & Potomac