20365 Broken Bow, Apple Valley, CA 92307
Local realty services provided by:ERA North Orange County Real Estate
20365 Broken Bow,Apple Valley, CA 92307
$650,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: tony burton
Office: burton commercial, inc.
MLS#:SW26129662
Source:San Diego MLS via CRMLS
Price summary
- Price:$650,000
About this home
This offering consists of 5 units in Apple Valley. This neighborhood is high pride of ownership consisting of SFR's and multifamily. This complex is located in an ideal location. Not only is the neighborhood great but it's also located just a few hundred feet away form the Apple Valley Commons Shopping Center. This center consists of Walmart, Target, and Albertsons. Thus, tenants can easily walk to get whatever they need. Also, for tenants children, these units are located within walking distance to elementary, middle, and high schools. The local public bus service is located just down the block!! These units consist of: Two 2 bedrooms 1 baths, Two 1 bedrooms 1 baths, and, One studio. All units have their own gas & electric meters that the tenants sign up & pay for. All units have private yards/patios. Kitchens & appliances have been upgraded. Ceiling fans and tile floors throughout. All units are window AC/swamp cooler cooled, and wall heater heated. Roof is in great shape with a 30 year warranty, and only 10 years old!! Cash flow is excellent. At actual rents, it's putting out $53,770 NOI and $70,620 annual gross rent. Actual rents equating to returns of a rarely seen 9.20 Gross Rent Multiplier, an outstanding 8.27% Cap Rate, and a robust 11.51% Cash on Cash Return!! Rents are below market but are month to month. While this offering performs better on actual rents than any other multifamily in the Upper Desert, the returns go off the charts at market rents. At market rents, based on nearby rent comps, this complex can put out $76,750 NOI and $93,600 annually gross!! Furth...
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Home facts
- Listing ID #:SW26129662
- Added:59 day(s) ago
- Updated:August 13, 2026 at 08:42 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Finances and disclosures
- Price:$650,000
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