20209 Otoe Road, Apple Valley, CA 92307

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Sold Price
$760,000
List Price
$750,000
Closing Date
Mar 04, 2026
Status
CLOSED
MLS#
AR26020969
Year Built
1984
Lot Size
21,875
Acres
0.50
Lot Location
6-10 Units/Acre
Days on Market
8
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Excellent Investment Opportunity! Rare duplex-style four-unit property thoughtfully designed to operate like four single-family residences. Each unit features 2 bedrooms, 1 bathroom, a private yard, its own HVAC system, and direct access to attached 2-car garage w/laundry hookup, offering tenants privacy and functionality seldom found in multifamily properties. 3 units are currently occupied; 1 vacant renovated unit—ideal for owner occupancy or immediate lease-up at market rent. Renovations include fresh interior paint, new durable vinyl flooring and window blinds; also comes with tile floor and newer HVAC. This property is highly efficient with minimal operating expenses: Tenants pay all utilities, including water and trash, while the owner is ONLY responsible for gardening, keeping ownership costs extremely low. Additional highlights include long-term tenants, upside rent potential, partial roof replacement, and a well-maintained condition throughout. Conveniently located near shopping, schools, and major roads, this is a turnkey investment with strong cash flow and future growth. A rare opportunity to own a high-performing income property that feels like single-family living. Cap rate can be up to 7.50%+!!! HUGE return on investment!

Additional Information

Appliances
Free-Standing Range
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Roof
Shingle
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$74,400
Operating Expense
15855

Listing courtesy of Listing Agent: Min Yang (minyang168@gmail.com) from Listing Office: Wetrust Realty.

Listing sold by Brian Williams from Clear Realty

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.