20209 Otoe Road Apple Valley, CA $ 750,000
20209 Otoe Road
$ 750,000
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20209 Otoe Road

Apple Valley, CA, 92307
$ 750,000
Baths1.0 Sq 3,960

Monthly Estimate*

$ 4,618

Listed by Wetrust Realty
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Studio

Multi-Family Home for sale in Apple Valley, CA

for $750,000 with 1 full bath. This 3,960 square foot home was built in 1984 on a lot size of 0.5022.

Excellent Investment Opportunity! Rare duplex-style four-unit property thoughtfully designed to operate like four single-family residences. Each unit features 2 bedrooms, 1 bathroom, a private yard, its own HVAC system, and direct access to attached 2-car garage w/laundry hookup, offering tenants privacy and functionality seldom found in multifamily properties. 3 units are currently occupied; 1 vacant renovated unit—ideal for owner occupancy or immediate lease-up at market rent. Renovations include fresh interior paint, new durable vinyl flooring and window blinds; also comes with tile floor and newer HVAC. This property is highly efficient with minimal operating expenses: Tenants pay all utilities, including water and trash, while the owner is ONLY responsible for gardening, keeping ownership costs extremely low. Additional highlights include long-term tenants, upside rent potential, partial roof replacement, and a well-maintained condition throughout. Conveniently located near shopping, schools, and major roads, this is a turnkey investment with strong cash flow and future growth. A rare opportunity to own a high-performing income property that feels like single-family living. Cap rate 6.5%, great return on investment!

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Multi-Family Active

Price

$ 750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5022

Year Built

1984

Town/City

Apple Valley

County/Region

San Bernardino

MLS | Web ID

AR26020969

Days on Market

2

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle
Appliances Free-Standing Range
HOA Fee 0
Garage Spaces 8
Pool Features None
Year Built 1984
Tenant Pays Electricity Gas Sewer Trash Collection Water
View None
Property Subtype Quadruplex
Gross Income 64200
Community Features Rural
County San Bernardino
Net Operating Income 48285
Operating Expense 15615
Insurance Expense 4800
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions E/Rancherias N/Rimrock
City Apple Valley
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 12
Number Of Units Total 4
MLS Area APPV - Apple Valley
Lot Size Units Square Feet
Lot Size Square Feet 21875
Number of Units Leased 3
Listing Terms Cash to Existing Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 333
Property Sub Type Additional Quadruplex
Taxes 9375
Cap Rate 6.5
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Interior
Interior Amenities All Bedrooms Down
Flooring Carpet Laminate Tile
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N true
Laundry Features In Garage
Entry Level 1
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Exterior
Fencing Chain Link Wood
Parking Features Direct Access Garage Shared Driveway Uncovered
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 20
Lot Size Area 21875
Number of Buildings 2
Spa false
Building Area Total 3960
Lot Size Acres 0.5022
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Wetrust Realty

Broker

minyang168@gmail.com

Email

Affordability Calculator

$4,618
Per Month
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0%
Monthly Principal & Interest
$4,618
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Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$750,000 Listed Price

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20209 Otoe Road, Apple Valley, CA, 92307 is a Multi-Family Home for sale at $750,000 with 3,960 sqft and a lot size of 0.5022. 20209 Otoe Road is a studio with 1.0 baths and was built in 1984. The property's zip code is 92307 which is in Apple Valley, CA