13584 Yakima Rd Apple Valley, CA 92308-5816
Property profile & analytics
13584 Yakima Rd Apple Valley, CA 92308-5816
- Apartment buildings
- 10,260 SF
- 0.97 lot acres
Property ID
US10-1553645
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 13584 Yakima Rd
- Year built
- 1986
- Construction
- WOOD FRAME
- Lot size
- 0.97 lot acres
- Property size
- 10,260 SF
- Property type
- Apartment buildings
- APN
- 3087-301-20-0000
- APU
- 3087301200000
Description
This exceptional 11-unit apartment building presents a compelling value-add investment opportunity in the heart of Apple Valley, California. Located at 13584 Yakima Road, 92308, this two-story, 1986-built property offers a compelling pro-forma cap rate of 6.29% and a pro-forma NOI of $132,009. The asking price is $2,100,000, translating to approximately $190,909 per unit. All 11 units are two-bedroom apartments, providing consistency and potential for streamlined management. Each unit features central air conditioning and heating, enhancing tenant comfort and appeal. The property also includes garage parking, presenting a unique opportunity to explore the potential for generating additional income through accessory dwelling units (ADUs), subject to local regulations and approvals. Situated in a prime location within central Apple Valley, this property benefits from excellent access to local amenities, transportation routes, and a strong rental market. This is an ideal opportunity for investors seeking a value-add project with significant upside potential in a desirable California market. The property's strong fundamentals and potential for increased revenue make it a highly attractive investment prospect. Further due diligence is recommended to fully assess the potential returns and associated risks.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,490,000
- ML approach
- $1,570,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,515,000
- 6.5%
- $1,395,000
- 7%
- $1,300,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,091,000
Market price range: $512k - $1.09M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,835,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Apple Valley
- County
- San Bernardino
- State
- California
- Longitude
- -117.194
- Latitude
- 34.4984
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,545
$61,200
$1,501,440
$1,562,640
-
$0.00
$0.00
$0.00
