22129 Tehama, Apple Valley, CA 92308

$725,000

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List Price
$725,000
Status
ACTIVE
MLS#
HD26198999
Year Built
1966
Lot Size
18,800
Acres
0.43
Lot Location
6-10 Units/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Rare opportunity to acquire a four-unit property featuring ALL FOUR 2-bedroom, 2-bathroom units. How can you go wrong with that unit mix? It gets better. The property has six garages plus an onsite laundry room for tenants, creating additional income opportunities beyond the base rents. The building has a cool atmosphere and a layout that sets it apart from the typical fourplex, with full concrete walkways and a wrap-around driveway providing easy access throughout the property. The combination of the unit mix, garages, laundry room, and overall layout makes this a unique smaller multifamily asset. The property provides an attractive opportunity for an investor looking to add a manageable multifamily asset to their portfolio in the Victor Valley. With continued rental demand throughout the High Desert and limited availability of smaller multifamily investment properties, 22129 Tehama Road represents an opportunity to acquire a well-located four-unit asset with multiple income streams and long-term appreciation potential.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
6
Sewer
Unknown
Water
See Remarks
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$67,200
Operating Expense
21101

Listing courtesy of Listing Agent: Jerrad Schendel (jerrad.schendel@cbcinland.com) from Listing Office: Coldwell Banker Commercial Rea.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.