13409 Mohawk Road, Apple Valley, California 92308, Apple Valley, 92308 - 0 bed, 0 bath
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Apple Valley, California 92308
This Prime Investment Opportunity is a Quadruplex listed at $675,000, positioned well below the $693,872 Fair Market Value by 2%. This valuation gap offers $18,872 in Instant Equity. Featuring a Condition Rating of 3, the property includes recent updates and a 21,500 sqft lot with City Lights views. While utility metering for the studio requires management, the asset provides significant replacement value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13409 Mohawk Road Subject | $675,000* List Price | 0 | 0 | 2,348 | $296 | - |
A 13336 Mohawk Road Active | $549,000 List Price | 0 | 0 | 2,448 | $224 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1965, the property features recent updates that make it move-in ready and functional. The exterior shows fresh paint, updated windows, and well-maintained desert landscaping. With separate meters and a functional layout for a quadplex, it meets the criteria for a well-maintained investment property.
The property is priced competitively relative to current construction costs, offering a significant advantage over building a new quadruplex in today's market of high labor and material expenses.
Recent updates to the units add immediate value and appeal, likely reducing the need for near-term capital expenditures and helping to attract quality tenants.
Situated on a generous 21,500 square foot lot, the property provides ample space for parking and potential future expansion or outdoor amenities for residents.
While three units are separately metered, the studio unit shares gas and electric with the laundry room, complicating utility billing and increasing the owner's operational overhead.
Built in 1965, the property may face ongoing maintenance challenges associated with older plumbing, electrical, and structural systems despite recent cosmetic updates.
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 | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,348 | 2,348 | 50% |
| Lot Size | 21,500 | 21,500 | 50% |
| Price | $675.0K | $670.0K | 67% |
| Price per sq ft | $287 | $256 | 67% |
| Built year | 1965 | 1973 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 147 | 33% |
May 4, 2026
$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