Bought with Fran Fox
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20380 Rimrock RD Apple Valley, CA 92307
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRHD25086467
Sold Date 09/29/25
Year Built 1985
Lot Size 0.421 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Excellent Investment Opportunity - 4-Plex in Prime Location! 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 mi
Location
State CA
County San Bernardino
Area Appv - Apple Valley
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Garage
Exterior
Parking Features Attached Garage, Garage, Other
Garage Spaces 8.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 0441151100000
Special Listing Condition Not Applicable
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