17807 Siskiyou Road
Apple Valley, CA, 92307 $ 1,283,000
Bedrooms12 Baths2.0 Sq 5,844 Monthly Estimate*
$ 8,962
Listed by LE INVESTMENT GROUP
for $1,283,000 with 12 bedrooms and 2 full baths. This 5,844 square foot home was built in 1983 on a lot size of 0.567.
The Haven Apartments are located at 17807 Siskiyou Road, Apple Valley, CA 92307. The investment in the Desert Knolls area of Apple Valley, encompassing one 6-unit building, presents a unique opportunity. The property is well-equipped with garages, central heating and A/C, and offer scenic views, enhancing their appeal. The Desert Knolls location is desirable for its tranquility, accessibility, and proximity to essential amenities, making it an attractive option for investors seeking to capitalize on the residential demand in Apple Valley. The 6 unit apartment complex is comprised of (6) 2-bedroom / 2 bathroom units that are approximately 974 Sq. Ft. The exceptional care that has been taken in this property, reflects the pride of ownership of its current owner. Scheduled maintenance, quality updates and improvements have always been a priority for the owner and make this property, a true turnkey asset for prospective buyers, who are looking for peace of mind, knowing they invested in a quality property, that will require minimal maintenance, for decades to come. As a result, the property demonstrates a minimal turn over and vacancy, in comparison to similar properties. The updated living conditions and the safe environment are both attractive features, to working class families, who constitute the tenant base. The rents are stable, with room for increases. The tenants will be willing to pay a premium to live in this safe and agreeable atmosphere.
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FeaturesGeneralSewer PublicSewer
Garage Spaces 6.0
Pool Features None
Year Built 1983
Property SubType Apartment
Gross Income 118020.0
Community Features Suburban
County San Bernardino
Net Operating Income 74824.0
Operating Expense 37795.0
Insurance Expense 4873.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Pending
Directions Cross Street Wato & Siskiyou
City Apple Valley
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area APPV - Apple Valley
Lot Size Square Feet 24700.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Siskiyou
Listing Terms Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 185.0
Home Warranty Y/N N
Fuel Expense 302.0
Trash Expense 4188.0
Water Sewer Expense 2400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 48
Building Area Units SquareFeet
Standard Status Pending
Year Built Source PublicRecords
Tax Lot 123
Property Sub Type Additional Apartment
Taxes 13454.0
Cap Rate 5.83
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ExteriorLot Features Item610UnitsAcre
Water Source Public
Total Parking 6.0
Lot Size Area 24700.0
Number of Buildings 1
Spa N
Building Area Total 5844.0
Lot Size Acres 0.567
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 6
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesList ByLe Investment GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,962
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Apple Valley, CA
Average List Price $1,142,870
Percent of Sale Price 11%
About Apple Valley, CA 73,363 Population
35% Since 2002
$ 48,599 Median Income
37.92 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/4/2024 | $1,283,000 | -0.54% | Price Down |
2/24/2024 | $1,290,000 | | Listed Price |