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    16025 Chehalis Rd Apple Valley, CA 92307

    Sponsored
    For Sale
    $1,495,000

    Six-unit apartment building, high ROI.

    Property size:
    5,748 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a six-unit apartment building situated on a 0.67-acre lot in the desirable Apple Valley, California neighborhood. The property, located at 16025 Chehalis Rd, 92307, boasts a total of 5,748 square feet and comprises three buildings. The complex includes five two-bedroom, one-bathroom apartments and one three-bedroom, two-bathroom unit, offering a diverse mix of rental options. With twelve parking spaces available for residents, ample parking is ensured. Built in 1985, the property offers a solid foundation for continued income generation. The asking price is $1,495,000, translating to a price per square foot of $260.09. The property's strong performance is reflected in its Net Operating Income (NOI) of $62,372, and a scheduled annual gross income of $82,800. The property's Assessed Parcel Number (APN) is 0441093220000. This multifamily property presents a compelling investment opportunity in a thriving California market. The combination of strong rental income, desirable location, and manageable unit count makes this an attractive proposition for seasoned investors and those seeking a stable, income-producing asset.

    Property Features for 16025 Chehalis Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,748 SF
    Lot Size
    29,185 SF

    Building Details

    Year Built
    1985
    Buildings
    3
    Units
    6

    HighLights

    • $1,495,000 asking price for a six‑unit apartment building.
    • 5,748 square feet on a 0.67‑acre lot.
    • Six units total: five 2 bed/1 bath and one 3 bed/2 bath.
    • $62,372 Net Operating Income (NOI).
    • Twelve parking spaces across three buildings.
    • Built in 1985, located at 16025 Chehalis Rd, Apple Valley, CA 92307 (APN: 0441093220000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.2226467
    Latitude
    34.5428046

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    FAQs

    What type of property is this?
    Multifamily property - Six-unit apartment building, high ROI.
    Where is this multifamily property located?
    The property is located at 16025 Chehalis Rd Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: $1,495,000 asking price for a six-unit apartment building.; 5,748 square feet on a 0.67-acre lot.; Six units total: five 2 bed/1 bath and one 3 bed/2 bath.
    Request Owner's contact information
    16025 Chehalis Rd Apple Valley, CA 92307
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    Apple Valley, CA 92307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16025 Chehalis Rd Apple Valley, CA 92307
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