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**reduced again - $150k - true 7.4 cap/7.9 grm - $67,777 cpu** clean 1986 built 18 units in good area of apple valley - desert knolls location near st mary hospital. All units are spacious (2+1) with: central a/c & heat, separate gas/electric meters and hot water heaters. Garage parking plus additional space. On-site laundry facilities for additional owner income with owned machines ($400/m0). Currently 100 % occupied (april 2015) and actual rents are $12,435/mo + $400/mo laundry income . Four separate buildings sitting on a large 60,000 sf lot and sparking pool. Beautiful high desert and mountain views. Great cash flow investment at 7.4 cap rate. subject property is located off hwy 18 near and approx 1.5 miles from interstate 15 for easy access. Also located near st mary's hospital and all surrounding retail amenities.
Listing agent: Ed Diaz DRE #01022469 ed@vanguardproperty.com, Listing office: Vanguard Investment Propertie
MLS data updated 10/21/2026, 12:20:21 AM PT
Source: CRMLS, MLS #: PW15024973
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 5, 2015
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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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