20380 Rimrock RD Apple Valley, CA 92307
0.42 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD25086467
HOA Y/N No
Year Built 1985
Lot Size 0.421 Acres
Property Sub-Type Quadruplex
Property Description
Why build when you can buy for less? In today's market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice.
This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage.
Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid.
With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential.
Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes.
Don't miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!
Location
State CA
County San Bernardino
Area Appv - Apple Valley
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry In Garage
Exterior
Parking Features Door-Multi, Driveway, Garage, Garage Faces Side
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Hiking, Park
Utilities Available Cable Available
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0441151100000
Energy Description 1.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
