13584 Yakima Rd - Apartments FOR SALE


Apple Valley, CA 92308
$1,900,000 USD
949-996-7679
13584 Yakima Rd, Apple Valley, CA for Sale
$1,900,000 USD
Apartments - FOR SALE
1/12
null | 6.5% Cap Rate

13584 Yakima Rd
Apple Valley, CA 92308


HIGHLIGHTS

  • New Roof – Recently replaced entire roof
  • 11 spacious units – (8) 2B/1B & (3) 2B/1.5B layouts
  • Rental Upside – 7 units have been fully renovated
  • Strong occupancy – 100% leased, ensuring stable cash flow
  • Ample parking – 9 private garages & 13 parking spaces
  • Individually Metered - Tenant-paid electric & gas

OVERVIEW

Discover a strong investment opportunity at 13584 Yakima Rd in Apple Valley, California. This well-maintained 11-unit multifamily property, built in 1986, features spacious two-bedroom units—each with its own private patio. With 100% occupancy and a history of stable rental income, this property offers reliable cash flow in a location that appeals to long-term tenants. Its proximity to schools, shopping centers, and everyday conveniences further enhances its rental appeal. Positioned in a market with promising growth, the property also stands to benefit from the upcoming Brightline West high-speed rail project, which will connect Los Angeles and Las Vegas with a planned stop in Apple Valley. This infrastructure development could increase demand and long-term property value. For investors seeking a stable, income-producing asset with upside potential, 13584 Yakima Rd presents a smart and timely opportunity.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$185 USD /SF

# OF UNITS

11

PRICE/UNIT

$172,727

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

R3, Apple Valley

APN/PARCEL ID

3087-301-20

ASK ABOUT THIS PROPERTY

Thomas BeniamenCommercial Real Estate Investors IncMore Info
949-996-7679

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Thomas BeniamenCommercial Real Estate Investors IncMore Info
949-996-7679

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.