
Apple Valley, California 92308
This triplex represents a High-Potential Investment Opportunity, currently listed at a List Price of $575,000—positioned well above the $484,505 Fair Market Value. While the property lacks immediate equity, its 21,350-square-foot lot and triplex configuration offer significant long-term value-add potential. With a Condition Rating of 5, the asset requires capital expenditure to modernize aging infrastructure. This property is best suited for Buy-and-Hold Investors or Value-Add Developers capable of executing renovations to maximize rental yields and capitalize on the expansive lot size.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13508 Yakima Rd Subject | $575,000* List Price | 0 | 0 | 2,031 | $239 | - |
A 13269 Mohawk Sold | $555,000 | 0 | 0 | 2,262 | $245 | 0.4 mi |
B 13073 Mohawk Sold | $565,000 | 0 | 0 | 2,615 | $216 | 0.6 mi |
C 13250 Mohawk Sold | $607,500 | 7 | 3 | 2,784 | $218 | 0.4 mi |
D 13508 Yakima Active | $579,900 List Price | 0 | 0 | 2,031 | $286 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (74 years old) with no recorded renovations, this property exceeds the 30-50 year threshold for major rehab. Exterior images show significant deferred maintenance, stained stucco, and unmaintained grounds. The presence of window AC units indicates a lack of modern central HVAC systems, and the age suggests original or severely outdated electrical and plumbing systems.
As a triplex featuring a mix of one and two-bedroom units, the property offers a diversified rental income stream and high utility for residential income investors.
The generous 21,350-square-foot lot provides significant space for potential expansion, additional parking, or the development of accessory dwelling units (ADUs).
The property is ideally situated near shopping centers and public transportation, enhancing tenant desirability and supporting long-term occupancy rates.
Originally constructed in 1950, the property may require significant capital expenditures for modernizing systems such as plumbing, electrical, and roofing.
The current list price of $575,000 represents a substantial jump from the recent $370,000 sale price, which may present appraisal challenges without documented extensive renovations.
Two units are 1 bedroom and 1 bathroom. 1 Units has 2 bedroom and one bathroom. Large lot. Good location close to shopping and transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 2,031 | 2,939.125 |
| Lot Size | 21,350 | 21,000 |
| Price | $575.0K | $619.4K |
| Price per sq ft | $283 | $214 |
| Built year | 1950 | 1975 |
| HOA | $0 | $0 |
| Days on market | 5 | 106 |
Sep 4, 2026
$575,000
Initial Listing
Aug 5, 2024
$370,000
Public Record
Apr 4, 2018
$217,000
Public Record
Mar 22, 2017
$165,000
Public Record
Feb 3, 2010
$87,000
Public Record
Feb 3, 2010
$87,000
Public Record