Five-Unit Apartment
For Sale
Contact for pricing
20365 Broken Bow, Apple Valley, CA 92307
Well-maintained five-unit income property with private yards, upgraded interiors, and individually metered gas and electric.
Property SizeContact for details
Days on Market54
Property Features for 20365 Broken Bow
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
7.9%
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
Burton Commercial, Inc.
Listed By:
Tony Burton · License #CA 01014173
Source:
Crexi
Added: Jun 14
Changed: Jul 10
Last Checked: Jul 24 at 6:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Burton Commercial, Inc.
Investment Insights
Based on property information with market context.
This five-unit apartment complex includes two 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and one studio. Each unit has its own gas and electric meters, with tenants responsible for service payments. The homes feature private yards or patios, upgraded kitchens and appliances, ceiling fans, and tile floors throughout. For climate control, units include window AC and swamp cooler cooling, along with wall heater heating. The roof is reported to be in great shape and approximately 10 years old, with a 30-year warranty.
Located in Apple Valley, the property is described as being within walking distance of Apple Valley Commons Shopping Center amenities, including Walmart, Target, and Albertsons, just a few hundred feet away. The surrounding area is described as a neighborhood of single-family homes and multifamily residences. For household convenience, the units are also within walking distance of elementary, middle, and high schools. Local public bus service is noted as down the block.
From an income standpoint, the offering reports $5,885 in monthly gross rent and $70,620 in annual gross rent at actual rents. Net operating income is stated as $55,203 annually, equating to a 7.90% cap rate at actuals and a 9.90 gross rent multiplier. The property’s rents are reported to be below market and written on a month-to-month basis, and the seller estimates potential to reach $7,800 monthly at market rents.
Located in Apple Valley, the property is described as being within walking distance of Apple Valley Commons Shopping Center amenities, including Walmart, Target, and Albertsons, just a few hundred feet away. The surrounding area is described as a neighborhood of single-family homes and multifamily residences. For household convenience, the units are also within walking distance of elementary, middle, and high schools. Local public bus service is noted as down the block.
From an income standpoint, the offering reports $5,885 in monthly gross rent and $70,620 in annual gross rent at actual rents. Net operating income is stated as $55,203 annually, equating to a 7.90% cap rate at actuals and a 9.90 gross rent multiplier. The property’s rents are reported to be below market and written on a month-to-month basis, and the seller estimates potential to reach $7,800 monthly at market rents.
Key Highlights
- 5‑unit multifamily in Apple Valley: 2x 2BD/1BA, 2x 1BD/1BA, and 1 studio
- Individually metered gas & electric for each unit (tenants sign up and pay for utilities)
- Upgraded kitchens and appliances, with ceiling fans and tile floors throughout
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 92307, CA
41,649
Population
13,832
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
187.5 sq mi
ZIP Area
222
Density / Sq Mi
$74,715
Median Household Income
$39,014
Median Earnings
$1,379
Median Rent
$396,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained five-unit income property with private yards, upgraded interiors, and individually metered gas and electric.
Where is this apartment building located?
The property is located at 20365 Broken Bow Apple Valley, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 5‑unit multifamily in Apple Valley: 2x 2BD/1BA, 2x 1BD/1BA, and 1 studio; Individually metered gas & electric for each unit (tenants sign up and pay for utilities); Upgraded kitchens and appliances, with ceiling fans and tile floors throughout
