
Apple Valley, California 92307
This Multi-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $625,000—positioned above the $558,226 Fair Market Value by 11%. Despite the premium, the property features a 4/10 Condition Rating and offers significant utility through its Dual-Home Configuration and Paid Solar System. The expansive 24,112 sqft lot provides substantial upside for future development. This versatile property is an ideal acquisition for Buy-and-Hold Investors seeking rental cash flow or Owner-Occupants looking to offset mortgage costs through multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16339 Wato Road Subject | $625,000* List Price | 5 | 3 | 2,683 | $208 | - |
A 17725 Tude Lane Sold | $640,000 | 5 | 3 | 2,875 | $223 | 0.2 mi |
B 16397 Kasota Sold | $669,500 | 3 | 2 | 2,424 | $276 | 0.7 mi |
C 16601 Kasota Road Sold | $615,000 | 4 | 3 | 3,030 | $203 | 0.7 mi |
D 16466 Tude Pending | $549,000 List Price | 4 | 3 | 3,067 | $179 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 (50 years old), the property appears well-maintained with functional additions like paid solar and updated appliances. However, given the age and lack of a full recent renovation, the home is likely dated and requires minor cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24112, living area = 2683.
Featuring two separate homes on one lot (a 3-bedroom main house and a 2-bedroom second unit), this property offers exceptional potential for multi-generational living or significant rental income.
The inclusion of a fully paid solar system on the main house provides substantial long-term savings on utility costs, a premium feature in the high-desert climate.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2683, other record living area = 1789. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally constructed in 1974, the property may require ongoing maintenance or updates to aging infrastructure and systems compared to newer builds in the area.
The assigned local schools currently hold lower ratings (4/10 and 3/10), which may be a consideration for families prioritizing top-tier academic performance metrics.
Welcome to this rare find in the heart of Desert Knolls in Apple Valley! This property features two separate homes on one spacious lot, offering endless possibilities for homeowners and investors alike. Whether you’re looking for multi-generational living, rental income, or a combination of both, this versatile property checks all the boxes. OH Plus paid solar on the main house! Property Highlights: Main House: The primary residence boasts a comfortable layout with 3 bedrooms and 2 bathrooms, an open-concept living space, and a kitchen with updated appliances. Perfect for a family or as a primary rental unit. Second Home: The additional unit features 2 bedrooms and 1 bathrooms, offering privacy and independence. Ideal for extended family, guests, or a lucrative rental opportunity. Expansive Lot: The large lot provides ample space for parking, outdoor activities, and even future expansion or custom landscaping. Convenient Location: Situated in a desirable Apple Valley neighborhood, you’re just minutes from local schools, shopping, and major highways while still enjoying the peace and quiet of this charming desert town. This property offers incredible flexibility and potential—live in one and rent out the other, or rent both for strong cash flow. Don’t miss out on this unique opportunity in Apple Valley’s growing market!
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 9-12 • 6.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,683 | 1,716.156 |
| Lot Size | 24,112 | 22,699.063 |
| Price | $625.0K | $442.5K |
| Price per sq ft | $233 | $241 |
| Built year | 1974 | 1990 |
| HOA | $0 | $246 |
| Days on market | 23 | 69 |
Aug 17, 2026
$625,000
Initial Listing
Aug 25, 2023
$550,000
Public Record
Aug 25, 2020
$405,000
Public Record
Oct 11, 2016
$260,000
Public Record
Dec 30, 2005
$400,000
Public Record