
Apple Valley, California 92308
This Value-Add Triplex represents a High-Potential Investment Opportunity with a List Price of $569,000—positioned well below the $571,373 Fair Market Value by 0.4%. This valuation gap offers $2,373 in Instant Equity. Currently holding a Fair Condition Rating, the property features one remodeled unit and two units offering immediate renovation upside. The massive 21,300 sqft lot provides significant ADU Potential and Mountain Views, while separate metering ensures low overhead. This asset is ideal for Buy-and-Hold Investors or Portfolio Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13073 Mohawk Subject | $569,000* List Price | 0 | 0 | 2,615 | $218 | - |
A 12765 Pocomoke Road Active | $595,000 List Price | 0 | 0 | 2,697 | $221 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1971 triplex is in mixed condition; while one unit has been recently remodeled with modern white shaker cabinets, quartz countertops, and LVP flooring, the remaining units and common areas show significant signs of age. The presence of popcorn ceilings, older brown carpeting, and dated 15-30 year old kitchen and bathroom fixtures in the unrenovated portions aligns with the 'fair' classification, as the property is functional but requires further updates to reach a consistent quality standard.
The expansive 21,300 sqft lot provides ample space for adding Accessory Dwelling Units, offering a clear path to increasing density and total rental income.
Each unit is separately metered with tenants responsible for all utilities, significantly reducing the owner's operating expenses and protecting margins.
With two units remaining in older condition, investors can realize substantial equity growth and rent appreciation through strategic interior renovations.
Built in 1971, the property may require near-term capital improvements for aging systems such as plumbing, electrical, or roofing to maintain long-term viability.
The presence of two unremodeled units suggests an immediate need for investment to bring the entire asset up to modern market standards and maximize ROI.
The uniform 2-bedroom, 1-bathroom layout may limit the property's appeal to a narrower segment of the rental market compared to properties with diverse unit sizes.
13073 Mohawk Rd in Apple Valley is a well-located triplex investment opportunity featuring three 2-bedroom, 1-bath units totaling approximately 2,615 sqft on a large 21,300 sqft lot with significant ADU potential. Each unit is separately metered with tenants paying all utilities, helping keep operating costs low. One unit has been remodeled, while the remaining two offer value-add upside through future renovations and rent growth. The property provides two parking spaces per unit (one covered and one uncovered) and benefits from close proximity to Victorville, major highways, and local amenities, making it attractive to tenants. This asset presents an excellent opportunity for investors seeking steady cash flow, long-term wealth creation, and expansion potential in a high-demand rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,615 | 2,615 | 50% |
| Lot Size | 21,300 | 21,300 | 50% |
| Price | $569.0K | $569.0K | 50% |
| Price per sq ft | $218 | $227 | 40% |
| Built year | 1971 | 1980 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 188 | 20% |
Mar 27, 2026
$569,000
$585,000
-3% Price Drop
Initial Listing
Feb 7, 2026
$585,000
Initial Listing
Jul 11, 2024
$505,000
Public Record
Feb 19, 2014
$179,000
Public Record
Jul 2, 2002
$124,000
Public Record
Jun 9, 2000
$87,000
Public Record
Sep 8, 1997
$46,500
Public Record