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$1,275,000

  • Sold
  • Closed
  • Multi-Family
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Highlights: Attractive in-place 6.29% CAP rate and 10.67 GRM, plus upside to a 7.25% ProForma CAP rate and 8.84 GRM / Attractive 6.00% interest rate with 60.20% LTV - strong leverage with conservative risk. / All large 2-bed layouts in single-story construction - ideal for tenant retention, rental demand, and low operating costs. / Large 0.61 acres lot. Onsite laundry and private garages for each unit - added income, value, and tenant convenience. / Easy to manage - current owner is remote, offering efficiency potential for local management. Please do not disturb the tenants - DRIVE BY ONLY. See the attached for more details. Le Investment Group is pleased to present this 8-unit multifamily opportunity on Highway 18 in Apple Valley. All units feature spacious 2-bed/1-bath layouts. The property offers a strong in-place CAP rate of 6.29%, with a ProForma CAP rate of 7.25%, showcasing both solid performance and upside potential. Priced below comps at just $175K per unit. Attractive financing available: 6.00% interest rate with 60.20% LTV.

Full Property Details for 19287 US Hwy 18

General

  • Sold For: $1,275,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: IV25120270
  • Added to Site: 261 day(s) ago

Interior

  • Fireplace(s): Living Room
  • Appliances: Disposal, Gas Oven, Gas Cooktop
  • Flooring: Vinyl

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 8
  • Parking Features: Combination Driveway, Garage Faces Front
  • Parking: Combination Driveway, Garage Faces Front

Location

  • Area: APPV - Apple Valley
  • County: San Bernardino
  • Development Name: APPV - Apple Valley
  • Driving Directions: Located on outter Highway 18, frontage.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Fireplace(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 9
  • # Electric Meters: 9

Structural Information

  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 7,200
  • Year Built: 1979

Lot Features

  • Lot Size (Acres): 0.6101
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre, Back Yard, Desert in Front

Financial Considerations

  • Price Per Sq. Ft.: $177.08
  • Price Per Unit: 175000

Listed and Sold by Le Investment Group, ALBERT LE

Listing agent

— 19287 US Hwy 18 —

  • ALBERT LE

    Le Investment Group

909-256-7889

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 19287 US Hwy 18

Date
Details
Price
Change
Source
8/28/2025
Sold
$1,275,000
-8.93%
MLS
5/29/2025
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Le Investment Group, ALBERT LE

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19287 US Highway 18, Apple Valley, CA 92307 (MLS# IV25120270) is a Multi-Family property that was sold at $1,275,000 on August 28, 2025. Want to learn more about 19287 US Highway 18? 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.