16102 Muni
Apple Valley, CA, 92307 $ 1,998,000
Baths2.0 Sq 8,764 Monthly Estimate*
$ 12,616
Listed by MARCUS & MILLICHAP
Studio for $1,998,000 with 2 full baths. This 8,764 square foot home was built in 1985 on a lot size of 0.6474.
** Call or Email for Offering Memorandum *** Pleased to exclusively present the opportunity to acquire the Casa Del Sol Apartments located at 16102 Muni Road in Apple Valley, California. Ideally situated in Desert Knolls, one of the most premier residential neighborhoods in the high desert. The property features a highly desirable and unique unit mix consisting of one - three bedroom/two and two-and-one-half bathroom freestanding townhome of approximately 2,000 square feet. This detached residence is appointed with a two-car attached garage with remote control access, two central air conditioning systems, newer windows, two fireplaces, dishwasher, walk-in closet, dedicated laundry room, large private backyard with patio cover, an elevated deck with panoramic city views, and pitched tile roof. The remaining seven apartments consist of three - two bedroom/two bathroom units of approximately 955 square feet and four - two bedroom/two and two-and-one-half bathroom townhouse-style units of approximately 975 square feet. These units feature many interior upgrades, central air conditioning and heating, newer windows, dishwashers, and select units with enclosed backyards and walk-in closets. There are also seven oversized single car garages with remote control access, on-site laundry facility (owned), two storage rooms, one storage shed and low maintenance landscaping. All of the apartments are individually metered for gas and electricity and have individual hot water heaters and the property is on public sewer service. The property also benefits from excellent regional connectivity with convenient access to Interstate 15 and State Route 18, allowing residents to easily commute throughout Apple Valley, Victorville, Hesperia, and neighboring High Desert communities. Apple Valley continues to experience steady residential growth supported by expanding healthcare, logistics, education, and government employment sectors while maintaining a significantly more affordable cost of living than many Southern California markets. The town's continued investment in infrastructure, commercial development, and employment opportunities has further strengthened demand for quality rental housing throughout the area. 16102 Muni Road represents an exceptional opportunity to acquire a well-maintained multifamily asset offering durable cash flow, minimal deferred maintenance, and long-term appreciation potential.
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FeaturesGeneralSewer Public Sewer
Garage Spaces 9
Pool Features None
Year Built 1985
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 148800
Community Features Curbs Sidewalks
County San Bernardino
Net Operating Income 95633
Operating Expense 50323
Insurance Expense 5123
New Construction false
Property Type Residential Income
MaintenanceExpense 6000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From I-15 take the D Street/Highway 18 exit east toward Apple Valley turn left on Apple Valley Road then right on Muni Road; the property will be on the right.
City Apple Valley
Entry Location Driveway
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 8
MLS Area APPV - Apple Valley
Lot Size Units Square Feet
Lot Size Square Feet 28200
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1824
Fuel Expense 600
Trash Expense 6567
Water Sewer Expense 4620
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 278
Property Sub Type Additional Apartment
Taxes 22094
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InteriorTotal Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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ExteriorParking Features Driveway Level Garage
Water Source Public
Total Parking 15
Lot Size Area 28200
Number of Buildings 1
Building Area Total 8764
Lot Size Acres 0.6474
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded FeaturesList Bydoug.mccauley@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,616
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,371,556
Percent of Sale Price 31%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/10/2026 | $1,998,000 | | Listed Price |