12623 Kiowa, Apple Valley, California 92308, Apple Valley, 92308 - 0 bed, 0 bath
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12623 Kiowa
Apple Valley, California 92308
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,862Sq Ft
18,915Lot Size
Property Price
LIST PRICE$519,000
EST. MARKET VALUE
$512,382
SUMMARY
This well-maintained triplex represents a High-Potential Investment Opportunity, listed at a List Price of $519,000. With a Fair Market Value of $512,382, the property is priced at market, reflecting its stability and recent capital improvements. Featuring a Condition Rating of 3, the asset includes a two-year-old roof, updated bathrooms, and new flooring. The 18,915 sq ft lot provides significant upside potential and tenant appeal. This turnkey, fully occupied property is an ideal acquisition for Buy-and-Hold Investors or Passive Income Seekers looking for immediate cash flow.
Estimated Market Value
$512,382
Based on Realkey algorithm analyzing recent comparable sales in Apple Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12623 Kiowa Subject | $519,000* List Price | 0 | 0 | 1,862 | $275 | - |
A 13269 Mohawk Sold | $555,000 | 0 | 0 | 2,262 | $245 | 1.0 mi |
B 21336 Laguna Road Sold | $560,000 | 0 | 0 | 2,184 | $256 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1953, the property has undergone significant recent renovations including a new roof (approx. 2 years old), updated bathrooms, new flooring, and new water heaters. With a recently serviced septic system and well-maintained units, it meets the criteria for a functional, move-in ready property with updated systems.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features significant recent upgrades including a two-year-old roof, updated bathrooms, new flooring, and new water heaters, minimizing immediate maintenance costs for a new owner.
- Immediate Cash Flow
This fully occupied triplex offers a stable and strong rental history, providing investors with immediate rental income and a turnkey investment opportunity in a central location.
- Expansive Lot and Parking
Situated on a large 18,915 sq ft lot, the property provides ample parking, mature landscaping, and a private garage for the larger unit, enhancing tenant retention and appeal.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1953, the property may require ongoing attention to aging structural or mechanical systems common in mid-century buildings despite recent cosmetic updates.
- Utility Expense Burden
The owner is responsible for water and trash costs, which can fluctuate and impact the overall net operating income compared to properties where tenants pay all utilities.
About 12623 Kiowa
Excellent investment opportunity in the heart of Apple Valley! This well maintained triplex offers immediate rental income with three occupied units and a strong rental history.The property features two approximately 475 sq ft units 1 bedroom, 1 bath and one Approximately 912 sq ft 2 bedroom, 2 bath unit with a one car private garage. Recent improvements include a new roof (approximately 2 years old) updated bathrooms, new flooring, new water heaters and a recently serviced septic system. A shared laundry room with washer and dryer adds convenience for tenants The owner pays water and trash, while tenants pay gas and electricity. Mature trees attractive curb appeal, and ample parking enhance the property's appeal. Conveniently located near shopping, schools and commuter routes, this property is ideal for investors seeking stable income with future upside potential.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1953
- Lot Size
- 18,915 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 1,862 | 2,939.125 |
| Lot Size | 18,915 | 21,000 |
| Price | $519.0K | $619.4K |
| Price per sq ft | $279 | $214 |
| Built year | 1953 | 1975 |
| HOA | $0 | $0 |
| Days on market | 36 | 106 |
Pricing History
Listed for Sale
Aug 4, 2026
$519,000
Initial Listing
Sold
Oct 31, 2016
$202,000
Public Record
Sold
Feb 21, 2012
$78,500
Public Record
Sold
Dec 8, 1998
$72,000
Public Record
Sold
Jan 3, 1995
$33,500
Public Record
Sold
Nov 9, 1994
$21,000
Public Record