20380 Rimrock Road, Apple Valley, CA 92307

List Price
$750,000
Price Change
▼ $39,800 1752645484
Status
ACTIVE
MLS#
HD25086467
Year Built
1985
Lot Size
18,360
Lot Location
2-5 Units/Acre
Days on Market
104
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Excellent Investment Opportunity – 4-Plex in Prime Location! Why build when you can buy for less? In today’s market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice. This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage. Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid. With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential. Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes. Don’t miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Fran Fox (rltrfox@gmail.com) from Listing Office: Coldwell Banker Home Source.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.