21911 Arapahoe Avenue

Apple Valley, CA 92307

This fully occupied 7 unit multifamily property on 0.65 acres has been well kept and offers a terrific value add opportunity in an established area of Apple Valley. All tenants are currently MTM w/ no rent delinquencies, at below market rents allowing for a local and/or savvy investor to create value and maximize rents. NO local rent control! Built in 1989, this property totals 4,652sf in size and offers an impressive unit mix with (6) 1 bed/1 bath bungalow style units each with a spacious layout, full kitchen & bath, a large bedroom, central air/heat, and private patio area. There is a separate 3 bed/2 bath home with separate driveway access, a fully concreted area & carports for ample parking and outdoor space. Inside is large living area with a full kitchen & hallway bath, a primary suite w/ master bath, central air/ heat, private patio, and washer/dryer hookups inside. On a large 28,700sf corner lot, there are two driveways on each street w/ a total of 14 carport parking spaces to provide ample use by tenants & guests. With nice greenery, trees, and a decorative lawn; it’s hard to imagine you’re in the high desert. Located in Apple Valley off highway 18 & the15 fwy near a busy retail corridor w/ tons of local restaurants & stores. This one is worth the look!

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