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Closed
- Listed price
- $449,000
- Listed Feb 2, 2016
- Sold price
- $437,000
- Sold Oct 28, 2016
32,800 sqft lot|1980 Built|239 MLS days on market
15340 Ute Rd, Apple Valley, CA 92307
Property Description
**PRICE REDUCED $61K FROM ORIGINAL LIST & PRICED WELL BELOW REPLACEMENT COST** 1980 built single story building featuring 6 (2+1) spacious two bedroom/one bath units in a nice Apple Valley location. Walking distance to Apple Valley Civic Center, Target, Starbucks, and numerous of other amenities. Five of the units have private patios. All units have central ac/heat, separate water heaters and separate tenant meters for gas & electric. There are 6 new AC units and 6 new swamp coolers plus there is a laundry room for additional income (seller-owned machines included in sale). There is ample parking with 6 carport spaces and 6 open spaces. The subject property is has approximately 5,140 square feet and sits on a 32,800 square foot lot (buyer to verify all building/lot dimension data). **Priced to Sell at 8.53 GRM/7.08 CAP Actual Rents!!! 9.3% cash-on-cash return on actual rents with 40% down** Equalize the rents and achieve a 7.6 CAP and a 10.3% cash-on-cash return**
Listing agent: Ed DiazDRE #01022469ed@vanguardproperty.com, Listing office: Vanguard Investment Properties
MLS data updated 10/28/2026, 4:36:07 PM PT
Source: CRMLSMLS #: PW16022120
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$437,000
Oct 28, 2016
Available records32016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92307 · Oct 2026
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ZIP 92307 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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