Apple Valley, CA 92307,16340 Quantico RD
Apple Valley, CA 92307,16340 Quantico RD
2
$870,000
Est.Price: ?

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0.52 Acres Lot

16340 Quantico RD Apple Valley, CA 92307

Est. payment /mo
SOLD DATE : 08/02/2024

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Key Details

Sold Price $870,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID HD24102854

Year Built 1988

Lot Size 0.518 Acres

Property Description

Rare opportunity to own quadruplex (4 Units with Garages) in highly sought after Desert Knolls neighborhood in Apple Valley, Ca. Immediate upside if you can manage yourself currently with professional management company costing �$5,400 in annual expenses. The Operating Expenses and NOI include new property taxes at �$900,000 and current insurance coverage. Neighborhood includes nearby St. Mary's Hospital, high end homes, offices, restaurants, banks, shopping, and much more. Within minutes of the I-15 Freeway. Units feature 2 Beds 1 Baths with living area and kitchen. Two units have been completely remodeled last year with the higher rents and the other two units are long term tenants. Great pro-forma potential in a growing market with highly anticipated High Speed Train to Las Vegas plus millions of sq ft of industrial buildings proposed in the North Apple Valley Industrial Specific Plan.

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Laundry Inside

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Biking, Curbs, Park, Street Lights, Sidewalks

Building

Lot Description Landscaped, Level, Paved, Rectangular Lot, Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional, FHA, Submit, VA Loan

Listing Terms Cash, Conventional, FHA, Submit, VA Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by BRYEN WRIGHT • First Team Real Estate-HighDes • 760-792-4224
Bought with BRYEN WRIGHT • First Team Real Estate-HighDes

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