Apple Valley, CA 92308,21430 Nisqually RD
Apple Valley, CA 92308,21430 Nisqually RD
Apple Valley, CA 92308,21430 Nisqually RD
7
$1,050,000
$1,125,000
6.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1 Acres Lot

21430 Nisqually RD Apple Valley, CA 92308

Est. payment /mo
SOLD DATE : 10/22/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,050,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRCV24175165

Sold Date 10/22/24

Originating Board California Regional MLS

Year Built 1965

Lot Size 0.996 Acres

Property Description

We are pleased to exclusively offer for sale this excellent cash flowing opportunity in the growing city of Apple Valley. Our featured multi-family property boasts a current GRM of 10.14 and an attractive cap rate of 6.89%. This well-maintained asset includes six spacious 2-bed/1-bath units spread across three charming duplex structures. Each unit benefits from single-story construction on a substantial 43,000+ sq. ft. lot, offering tenants the convenience of private 1-car garages and in-unit washer/dryer hookups. The property is individually metered for electricity and gas, ensuring clear and manageable utility costs. Additionally, the design of the units with separate garages ensures privacy with no shared walls. With the potential to build additional structures or ADUs (buyer or buyer's agent to verify with city authorities), this stable asset presents limited maintenance requirements and promising long-term returns. The city of Apple Valley, with a median household income of around $60,000, offers a balanced cost of living, making it an attractive option for residents. The city's historical vacancy rate for apartments has remained relatively low, reflecting strong demand for rental properties. Tenants are drawn to Apple Valley for its scenic desert landscapes, excellent s

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Interior

Laundry 30, 38

Exterior

Garage Spaces 24.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 3087334140000

Special Listing Condition Not Applicable

Read Less


MLS Listing IDX PLUS
Listed by Kristopher German • RE/MAX 2000 REALTY
Bought with Kristopher German

GET MORE INFORMATION

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.