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$860,000
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Property Description
Rare Opportunity to Own a Fully Rented 4-Unit Property Situated on Approximately Half an Acre in an Ideal Location. Properties like this do not come up often, making this a standout investment opportunity in today's market.
All Units Are Currently Rented, offering strong income potential. Each Unit Features a Functional Layout along with Single-Car Garage Parking, providing added convenience and appeal for tenants. Each unit is approximately 952 square feet and offers 2 bedrooms and 2 bathrooms. The expansive lot sets this property apart from others in the area, offering additional space and long-term potential.
This Well-Maintained Property has seen Recent Upgrades, including Exterior Paint completed approximately 2 years ago, Updated Stairs, and Units that have been improved and are in Good Condition throughout. All Units Feature Their Own Laundry, adding everyday convenience, while the Two Upstairs Units offer Fireplaces for added comfort and appeal.
Comparable multi-unit properties in the area continue to be in high demand, making this the type of asset investors are actively seeking.
Conveniently located near Shopping, Schools, and major commuter routes, this property offers excellent accessibility and rental appeal.
A Strong Opportunity to acquire a Well-Kept, Income-Producing 4-Plex in a desirable and growing market.
Full Property Details
Full Property Details for 16228 Wato Rd
General
- Sold For: $860,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: HD26073633
- Added to Site: 140 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: APPV - Apple Valley
- County: San Bernardino
- Development Name: APPV - Apple Valley
- Driving Directions: From I 15 N Exit D St. / HWY 18, Turn Right, Continue Over the hill to Apple Valley Rd, Turn Left. Turn Left onto Muni Rd, Turn Right onto Wato Rd. PIQ is on the Left Side
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Composition
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,808
- Year Built: 1984
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.4132
- Lot Size Source: Assessor
- Lot Description: Paved, Value In Land
Financial Considerations
- Price Per Sq. Ft.: $225.84
- Price Per Unit: 224975
Listed by Coldwell Banker Envision, Joanna Nassar
Sold by Better Homes And Gardens Real Estate, Francisco Lopez
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Schools
Schools serving 16228 Wato Rd
School District:Apple Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Desert Knolls Elementary School 18213 Symeron Road, Apple Valley, CA 92307 | K-6 | 1.4 mi |
Sitting Bull Academy 19445 Sitting Bull Road, Apple Valley, CA 92308 | 7-8 | 4.7 mi |
Granite Hills High School, Apple Valley, CA 22900 Esaws Avenue, Apple Valley, CA 92307 | 9-12 | 6.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16228 Wato Rd
Date
Details
Price
Change
Source
8/07/2026
Sold
$860,000
-4.43%
MLS
6/10/2026
Price Reduced
$899,900
-9.92%
MLS
4/08/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16228 Wato Road, Apple Valley, CA 92307 (MLS# HD26073633) is a Multi-Family property that was sold at $860,000 on August 07, 2026. Want to learn more about 16228 Wato Road? Do you have questions about finding other Multi-Family real estate for sale in Apple Valley? You can browse all Apple Valley real estate or contact a Coldwell Banker agent to request more information.

