20380 RIMROCK ROAD, APPLE VALLEY CA 92307
- 3,604 sq.ft.
- 18,360 sq.ft. lot
Property Description
Excellent Investment Opportunity – 4-Plex in Prime Location! Why build when you can buy for less? In today’s market, replicating this 4-plex would cost significantly more in materials, labor, and time. Even with minor updates, this property represents exceptional value and long-term upside—making it a smart investment choice. This unique offering features two separate buildings, each housing two spacious units. Every unit includes 2 bedrooms, 2 bathrooms, in-unit laundry hookups, a private 2-car garage, and central HVAC. Residents enjoy a welcoming foyer with a coat closet, a cozy living room with a fireplace and gas starter, a designated dining area, and a well-laid-out kitchen with direct access to a private rear patio and garage. Each unit has separate gas and electric meters, individual cable/internet options, and shared water. Sewer connection is fully paid. With stable long-term tenants in place, strong rental history, and a price that reflects the potential for cosmetic updates, this is a turn-key opportunity with excellent cash flow potential. Perfect for investors looking for a 1031 exchange or an owner-occupant who wants to live in one unit and rent out the others. Conveniently located near shopping, dining, schools, and major commuter routes. Don’t miss this rare chance to own an income-producing multi-unit property in a prime location—priced well below the cost to build new!
Listing Courtesy of Fran Fox, Coldwell Banker Home Source
Interior Features
Exterior Features
Use of this site means you agree to the Terms of Use
Based on information from California Regional Multiple Listing Service, Inc. as of July 15, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.