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$650,000
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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!
Full Property Details
Full Property Details for 20380 Rimrock Rd
General
- Sold For: $650,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: HD25086467
- Added to Site: 331 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): Living Room
Rooms
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 8
- Parking Features: Driveway, Garage Faces Side, Garage (Two Doors)
- Parking: Driveway, Garage Faces Side, Garage (Two Doors)
Location
- Area: APPV - Apple Valley
- County: San Bernardino
- Development Name: APPV - Apple Valley
- Driving Directions: HWY 18 TO RANCHERIAS, NORTH TO RIMROCK RD.
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
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,604
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.4215
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $180.36
- Price Per Unit: 187500
Disclosures and Reports
- Exclusions: Thank you for your interest. Please note that this property is tenant-occupied, and interior showings are not available through ShowingTime. Per the seller’s instructions, interior access will be granted only once an acceptable offer is in place. We
Listed and Sold by Coldwell Banker Home Source, Fran Fox
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Schools
Schools serving 20380 Rimrock Rd
School District:Apple Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Phoenix Academy 20700 Thunderbird Road, Apple Valley, CA 92307 | K-6 | 0.4 mi |
Granite Hills High School, Apple Valley, CA 22900 Esaws Avenue, Apple Valley, CA 92307 | 9-12 | 3.6 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 20380 Rimrock Rd
Date
Details
Price
Change
Source
9/29/2025
Sold
$650,000
-13.33%
MLS
7/15/2025
Price Reduced
$750,000
-5.04%
MLS
4/19/2025
Listed
$789,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20380 Rimrock Road, Apple Valley, CA 92307 (MLS# HD25086467) is a Multi-Family property that was sold at $650,000 on September 29, 2025. Want to learn more about 20380 Rimrock 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.

