16247 Viho RdApple Valley, CA 92307

Property Details for 16247 Viho Rd

Year built

1985

Lot size

0.56 AC

Property size (Sq ft)

3,388 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a four-unit apartment building located at 16247 Viho Rd, Apple Valley, CA 92307. The property, situated on a 0.562-acre lot, boasts a total of 3,388 square feet and was constructed in 1985. The building comprises three two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, offering a diverse mix of living spaces to attract a wide range of tenants. The property features four parking spaces, providing ample accommodation for residents. The asking price is $949,500, translating to a price per square foot of $280.25. The property's strong financial performance is evident in its Net Operating Income (NOI) of $61,502, with a scheduled annual gross income of $79,200. The property's Assessed Parcel Number (APN) is 0473353030000. This well-maintained multifamily property in San Bernardino County presents a compelling investment opportunity with significant potential for future growth and return. The property's location in Apple Valley offers convenient access to local amenities and services. This is an ideal addition to any investor's portfolio seeking stable income and appreciation potential in the California market.

Location Insight

City

Apple Valley

County

San Bernardino

State

California

Latitude

34.5463

Longitude

-117.271

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