
Apple Valley, California 92308
This triplex presents a Strong Value Opportunity with a List Price of $545,000—positioned well below the $590,922 Fair Market Value by 7%. This valuation gap offers $45,922 in Instant Equity. Featuring a Fair Condition Rating, the property offers a stable Buy-and-Hold Asset with separate utilities and private garages. While the 1984 build may require future modernization, the high tenant appeal of the fenced yards ensures consistent demand. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking long-term rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21461 Nisqually Road Subject | $530,000* List Price | 0 | 0 | 2,652 | $206 | - |
A 13073 Mohawk Sold | $565,000 | 0 | 0 | 2,615 | $216 | 0.2 mi |
B 13250 Mohawk Sold | $607,500 | 7 | 3 | 2,784 | $218 | 0.5 mi |
C 13269 Mohawk Sold | $555,000 | 0 | 0 | 2,262 | $245 | 0.5 mi |
D 20958 Nisqually Road Sold | $640,000 | 0 | 0 | 3,372 | $190 | 0.6 mi |
E 12765 Pocomoke Road Active | $620,000 List Price | 0 | 0 | 2,697 | $230 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is functional and described as well-maintained, but it lacks recent comprehensive renovations. While the interior shows some updated laminate flooring, the overall aesthetic, original 1980s layout, and age of the systems place it in the 'Fair' category, requiring minor repairs and modernization.
Each unit features its own private 2-car garage and separate fenced front and back yards, a rare multi-family configuration that significantly increases tenant desirability and retention.
The property is equipped with separate gas and electric meters for each unit and is connected to the sewer system, minimizing landlord utility responsibilities and operational overhead.
Situated on a generous 22,824 sqft lot, the triplex offers functional 2-bedroom floor plans with ample outdoor space, providing both immediate rental appeal and long-term land value.
Marketing photos were taken prior to the current tenants moving in, which may mask the actual current interior condition and wear and tear of the units.
Built in 1984, the property may soon require capital improvements for aging systems or cosmetic updates to maintain its competitive edge in the Apple Valley rental market.
Excellent investment opportunity! This well-maintained triplex features three 2-bedroom, 1-bath units, each with its own private 2-car garage and separate fenced front and back yards, offering added privacy for tenants. Inside, each unit offers a functional floor plan with a kitchen featuring an eating area that opens to the living room, creating a comfortable living space. The bathroom includes a shower/tub combination, and a sliding glass door provides access to the private backyard. The property is connected to sewer and is equipped with 3 gas meters and 4 electric meters. The roof was replaced about 5 years ago. Unit A has new flooring in the kitchen and bathroom and a wall heater that was replaced about 2 years ago. Unit C had a swamp cooler replaced about 1 year ago. Photos were taken prior to the current tenants moving in. The property is managed by a professional management company.
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 | 2,652 | 2,939.125 |
| Lot Size | 22,824 | 21,000 |
| Price | $530.0K | $619.4K |
| Price per sq ft | $200 | $214 |
| Built year | 1984 | 1975 |
| HOA | $0 | $0 |
| Days on market | 49 | 106 |
Sep 5, 2026
$530,000
$535,000
-1% Price Drop
Initial Listing
Aug 25, 2026
$535,000
$540,000
-1% Price Drop
Initial Listing
Aug 21, 2026
$540,000
$545,000
-1% Price Drop
Initial Listing
Jul 22, 2026
$545,000
Initial Listing
Jul 10, 2007
$490,000
Public Record
Aug 1, 2005
$400,000
Public Record
Jan 13, 2005
$23,500
Public Record
Nov 18, 2004
$299,500
Public Record