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16340 Wato Road
Apple Valley, CA 92307
Sold
*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.
PROPERTY INFORMATION
| MLS # | IV24038007 | Lot Size | 24,900 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,297,000
Price Per SqFt: $ 209 |
DOM | 210 Days |
| Address | 16340 Wato Road | Type | Residential Income |
| City | Apple Valley | Sq.Ft. | 6,192 Sq. Ft. |
| Postal Code | 92307 | Garage | 6 |
| County | San Bernardino | Year Built | 1984 |
| Bed / Bath | 2 / 0 | Parking | 6 |
| Built In | 1984 | Status | Closed |
| Sold Date | 2024-05-28 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas & Electric Dryer Hookup |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,383
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/28/2024 | Sold | $1,297,000 |
| 03/06/2024 | Active Under Contract | $1,290,000 |
| 02/23/2024 | Listed | $1,290,000 |
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Listing provided courtesy of DARREN CORREA, LE INVESTMENT GROUP. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
