
Apple Valley, California 92308
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $849,000—positioned above the $809,851 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, the expansive 19,744 sqft lot and proximity to Mariana Academy provide strong rental demand. The multi-unit configuration offers a stable income stream, though investors should account for capital improvements to aging infrastructure. This property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to optimize long-term cash flow in Apple Valley.
Property is moderate renovation needed.
Built in 1979 (45 years old), the property features some recent cosmetic updates including newer laminate flooring and fresh interior paint. However, it remains largely dated with original popcorn ceilings, older tile work, and basic cabinetry. The exterior shows significant cracking in the asphalt driveway and aged roof-mounted HVAC units, suggesting that while functional and move-in ready for tenants, the systems and finishes require modernization.
As a quadruplex, this property offers a diversified and stable rental income stream, making it a highly attractive asset for residential income investors.
The expansive 19,744 square foot lot provides ample space for tenant parking and potential outdoor common areas, which is a significant value-add for multi-family housing.
Located just 0.1 miles from Mariana Academy, the property is exceptionally convenient for families with school-aged children, helping to maintain low vacancy rates.
The property was recently sold within the past year on 2025-07-30. The sold price is $650,000.00.
The local elementary and middle schools carry low performance ratings (1 and 2), which may deter some long-term family tenants and impact future appreciation.
Built in 1979, the property may require more frequent maintenance and capital improvements to its core systems compared to newer multi-family developments.
Welcome to this exceptional investment opportunity in the heart of Apple Valley! This well-maintained quadplex features four spacious 2-bedroom, 1-bathroom units, offering an ideal blend of comfort, functionality, and long-term income potential. Located in one of Apple Valley's desirable neighborhoods, the property provides convenient access to shopping, dining, schools, parks, and major commuter routes, making it highly attractive to tenants. Apple Valley is one of the High Desert's most sought-after communities, known for its wide-open spaces, family-friendly atmosphere, scenic mountain views, and continued residential growth. With approximately 75,000 residents, the town continues to attract homeowners and renters alike thanks to its affordability compared to many Southern California markets, strong local amenities, and easy access to Victorville, Hesperia, and Interstate 15. Whether you're a seasoned investor or looking to expand your real estate portfolio, a quadplex offers outstanding value. With four income-producing units under one roof, owners benefit from multiple rental streams, reduced vacancy risk, economies of scale for maintenance, and strong long-term appreciation potential. Multi-family properties like this are highly desirable for investors seeking consistent cash flow and the opportunity to build long-term wealth through real estate. Don't miss your chance to own a versatile income-producing property in one of the High Desert's strongest rental markets. This Apple Valley quadplex is an excellent opportunity to invest in stable rental demand and secure a valuable asset for years to come.
No exterior & parking available.
Grades K-8 • 0.1 mi
Grades K-8 • 1.4 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 3,368 | 2,939.125 |
| Lot Size | 19,744 | 21,000 |
| Price | $729.0K | $619.4K |
| Price per sq ft | $216 | $214 |
| Built year | 1979 | 1975 |
| HOA | $0 | $0 |
| Days on market | 125 | 106 |
Sep 4, 2026
$729,000
$739,000
-1% Price Drop
Initial Listing
Aug 8, 2026
$739,000
$749,000
-1% Price Drop
Initial Listing
Jul 31, 2026
$749,000
$835,000
-10% Price Drop
Initial Listing
May 16, 2026
$835,000
$849,000
-2% Price Drop
Initial Listing
May 7, 2026
$849,000
Initial Listing
Jul 30, 2025
$650,000
Public Record
Jun 9, 2003
$173,000
Public Record