Apple Valley, CA 92307,16340 Wato RD
Apple Valley, CA 92307,16340 Wato RD
Apple Valley, CA 92307,16340 Wato RD
21
$1,297,000
$1,297,000
Est.Price: ?

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0.57 Acres Lot

16340 Wato RD Apple Valley, CA 92307

Est. payment /mo
SOLD DATE : 05/28/2024

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Key Details

Sold Price $1,297,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV24038007

Sold Date 05/28/24

HOA Y/N No

Year Built 1984

Lot Size 0.572 Acres

Property Sub-Type Apartment

Property Description

*This Property to be sold as portfolio with 17807 Siskiyou Road, Apple Valley, CA 92307* Reference MLS#IV24038037

The Haven Vista Apartments are located at 16340 Wato Road, Apple Valley, CA 92307 & 17807 Siskiyou Road, Apple Valley, CA 92307. The investment in the Desert Knolls area of Apple Valley, encompassing two separate 6-unit buildings, presents a unique opportunity. These properties are well-equipped with garages, central heating and A/C, and offer scenic views, enhancing their appeal. The Desert Knolls location is desirable for its tranquility, accessibility, and proximity to essential amenities, making it an attractive option for investors seeking to capitalize on the residential demand in Apple Valley. The 12 unit apartment portfolio is comprised of two (6) unit complex consisting of (12) 2-bedroom / 2 bathroom units that are approximately 985-1200 Sq. Ft. The exceptional care that has been taken in this property, reflects the pride of ownership of its current owner. Scheduled maintenance, quality updates and improvements have always been a priority for the owner and make this property, a true turnkey asset for prospective buyers, who are looking for peace of mind, knowing they invested in a quality property, that will require minimal maintenance, for decades to come. As a result, the property demonstrates a minimal turn over and vacancy, in comparison to similar properties. The updated living conditions and the safe environment are both attractive features, to working class families, who constitute the tenant base. The rents are stable, with room for increases. The tenants will be willing to pay a premium to live in this safe and agreeable atmosphere.

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Suburban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0473312040000

Energy Description 1876.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

Lease Land No

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CRMLS – RECore
Listed by DARREN CORREA LE INVESTMENT GROUP
Bought with DARREN CORREA LE INVESTMENT GROUP
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agent

Sandy Dabbs

Agent | License ID: 02120617

+1(714) 287-9983

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