20958 Nisqually Road, Apple Valley, California 92308, Apple Valley, 92308 - 0 bed, 0 bath
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Apple Valley, California 92308
This triplex presents a Strong Value Opportunity with a List Price of $650,000—positioned well below the $702,592 Fair Market Value by 7%. This valuation gap offers $52,592 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 4, the property offers stable rental demand through central air, in-unit laundry, and private garages. With a massive 21,500 sqft lot, this Residential Income asset is ideal for Buy-and-Hold Investors or Value-Add Developers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20958 Nisqually Road Subject | $650,000* List Price | 0 | 0 | 3,372 | $208 | - |
A 13073 Mohawk Sold | $565,000 | 0 | 0 | 2,615 | $216 | 0.5 mi |
B 13269 Mohawk Sold | $555,000 | 0 | 0 | 2,262 | $245 | 0.6 mi |
C 13237 Mohawk Sold | $670,000 | 0 | 0 | 3,890 | $172 | 0.6 mi |
D 13250 Mohawk Pending | $649,900 List Price | 7 | 3 | 2,784 | $233 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property exceeds the 20-year threshold for 'Fair' condition. While the listing describes it as well-maintained with functional central air, the age suggests that kitchens, bathrooms, and major systems are likely dated and will require minor repairs or cosmetic updates to meet modern standards.
Each unit features central air conditioning, in-unit laundry hookups, and a private one-car garage, which are premium features that drive high occupancy rates and tenant retention.
The expansive 21,500 square foot lot provides significant privacy, ample guest parking, and potential for future value-add opportunities such as ADU development.
As a well-maintained triplex in a prime Apple Valley location, the property offers a stable, income-generating opportunity with a functional 3,372 sqft layout.
Built in 1985, the property may soon require capital expenditures for long-term maintenance items such as roofing, plumbing, or electrical updates to remain competitive.
The significant increase from the previous sale price to the current $650,000 asking price may result in a lower capitalization rate for investors compared to historical market averages.
Discover this fantastic investment opportunity in the heart of Apple Valley! This triplex is located in a desirable neighborhood and offers an impressive return on investment. Each unit is equipped with central air for year-round comfort, in-unit laundry for added convenience, and a dedicated one-car garage. Additional parking is available on the premises, making it perfect for tenants and their guests. This property is a regular Sale, Don’t miss out on this rare opportunity to own a well-maintained, income-generating property in a prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,372 | 2,915 |
| Lot Size | 21,500 | 20,000 |
| Price | $650.0K | $636.7K |
| Price per sq ft | $193 | $208 |
| Built year | 1985 | 1971 |
| HOA | $0 | $0 |
| Days on market | 7 | 108 |
Jul 15, 2026
$650,000
Initial Listing
Feb 3, 2025
$515,000
Public Record
Nov 24, 2004
$385,000
Public Record