Wrightwood Homes with Apartment Subtype

Wrightwood Homes with Apartment Subtype

Welcome to Wrightwood, California—a hidden gem nestled in the San Bernardino Mountains that offers a unique blend of natural beauty and charming community living. Known for its stunning alpine scenery, Wrightwood is a haven for outdoor enthusiasts and families alike. With its picturesque landscapes, the area boasts year-round recreational activities, from skiing and snowboarding in the winter to hiking and mountain biking in the warmer months.

Wrightwood is not just a destination for adventure; it’s a place where community thrives. The quaint downtown area features local shops, cozy cafes, and a warm, welcoming atmosphere that makes residents feel right at home. With a close-knit community spirit, Wrightwood hosts various events throughout the year, bringing neighbors together to celebrate the beauty of their surroundings and foster lasting friendships.

When it comes to real estate, Wrightwood offers a variety of homes, including charming properties with apartment subtypes. These homes provide the perfect opportunity for multi-generational living or rental income potential. Imagine owning a cozy mountain retreat that not only serves as your personal sanctuary but also has the ability to accommodate guests or generate revenue. With spacious layouts and beautiful views, these homes are designed to cater to both comfort and functionality.

Whether you’re looking for a serene getaway or a permanent residence, Wrightwood's homes with apartment subtypes offer an ideal balance of space and convenience. Explore the possibilities of living in this enchanting mountain town, where every day feels like a vacation!

Newest Wrightwood Homes with Apartment Subtype

1111 Apple, Wrightwood
$1,375,000
SR26169312 MLS ⋅ Active Status
Have you been thinking of investing in apartments? Leola Commercial, Inc is proud to present 1111 Apple Avenue, a 6-unit multifamily investment opportunity located in Wrightwood, California. Consisting of all (2+1) renovated units with 2-car attached garages. This investment opportunity offers large units suitable for families and working professionals. This well-maintained property features large unit town-home style layouts, patios, and secured covered parking. Several units have been recently renovated, providing investors with strong in-place cash flow along with meaningful value-add potential. The property boast a newer roof installed in 2022 and newer water heaters in most of the units. The property sits on a 18,489 SF lot and offers approximately 6,602 SF of rentable space. Current rents are approximately 23.63% below market, presenting a clear opportunity for rent growth. A savvy investor may further enhance returns by converting the garages to ADU’s and add additional parking in the rear of the building. Nestled about 50 minutes southeast of Palmdale, this mountain community is next to Mountain High Ski Resort! The asset benefits from excellent freeway access via State Highway 2 and State Highway 38 (connecting from the north) and is located about 15 miles from Interstate 15, enhancing tenant demand and long-term investment stability. Highlights: Rare opportunity to acquire a stabilized 6-unit multifamily asset, Strong in-place cash flow, Approximately 23.63% rental upside, 6 of 6 units renovated with new flooring and fresh paint, 2 car attached garages with direct access to the apartment, Significant rental upside and value-add opportunity, Pride-of-ownership property.

1111 Apple, Wrightwood

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