
Apple Valley, California 92308
This Income-Generating Quadruplex is a strategic multi-family asset listed at $675,000, aligning perfectly with its $675,000 Fair Market Value. The property offers a diversified unit mix and a Fair Condition Rating, benefiting from recent updates and a desirable City Lights view. Financial efficiency is maximized through separate gas and electric meters for three units and additional revenue from on-site coin-operated laundry. Located in the Apple Valley Unified district, this property provides a turnkey entry into the desert market, making it ideal for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13409 Mohawk Road Subject | $675,000* List Price | 4 | 4 | 2,348 | $287 | - |
A 13508 Yakima Active | $579,900 List Price | 0 | 0 | 2,031 | $286 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1965, making it nearly 60 years old. While the listing mentions 'recent updates' that add value, the lack of interior images prevents a detailed assessment of the kitchen, bathrooms, flooring, and fixtures. The visible window-mounted AC units suggest that the cooling system may be outdated, aligning with the property analysis's 'Potential for Outdated Cooling System' weakness. The exterior appears well-maintained with a fresh coat of paint and a decent roof, indicating regular upkeep. However, without specifics on the extent and recency of interior renovations, particularly for key areas like kitchens and bathrooms, and considering the age of the property and the visible cooling systems, it likely requires minor updates or repairs to meet current aesthetic and functional standards, placing it in the 'Fair' category.
The property is a 4-plex, offering multiple income streams and diversification, making it an attractive residential income investment.
The description highlights 'recent updates' which add exceptional value, suggesting reduced immediate maintenance costs and enhanced tenant appeal.
Three of the four units have separate gas and electric meters, which is a significant advantage for landlords as it shifts utility costs to tenants, increasing net operating income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Built in 1965, the property is nearly 60 years old, which may imply aging infrastructure and potentially higher long-term maintenance costs despite recent updates.
The studio unit shares meters with the laundry room, meaning the landlord likely bears the utility costs for this unit, which can impact its individual profitability.
Hwy 18 turn right to Kiowa Rd to Ottawa Rd. turn right to Mohawk Rd. 4-Plex in Apple Valley. Why build when you can buy for less? constructing a similar 4-plex would cost significantly more in materials, labor and time. Recent updates to this property add exceptional value making it a smart investment choice. One unit has 2 bedrooms, 2 units with 1 bedroom and one studio. 3 units have separate gas and electric meters and the studio shares meters with the laundry room is equipped with coin operated machine.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 80% |
| Baths | 4.0 | 0.0 | 80% |
| Square foot | 2,348 | 2,348 | 50% |
| Lot Size | 21,500 | 21,500 | 50% |
| Price | $675.0K | $670.0K | 60% |
| Price per sq ft | $287 | $234 | 80% |
| Built year | 1965 | 1980 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 129 | 188 | 40% |
Dec 14, 2025
$675,000
Initial Listing
Dec 15, 2021
$400,000
Public Record
Dec 19, 2019
$330,000
Public Record
Sep 30, 2014
$185,000
Public Record
Sep 20, 2011
$100,000
Public Record
Dec 31, 2001
$10,000
Public Record