15762 Tuscola Road, Apple Valley, CA 92307
  • MLS#: PW24135355 ( Apartment )
  • Street Address: 15762 Tuscola Road
  • Viewed: 1
  • Price: $3,590,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1989
  • Bldg sqft: 0
  • Days On Market: 156
  • Additional Information
  • County: SAN BERNARDINO
  • City: Apple Valley
  • Zipcode: 92307
  • Provided by: Marcus & Millichap
  • Contact: Diva Diva
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    **location**townhome style**value add** investment overview location: apple valley, ca units: 19 total, with 6 units delivered vacant unit configuration: all units are 2 bedrooms and 1. 5 bathrooms townhome style parking: each unit comes with a 2 car garage property features: condition: well maintained property recent upgrades: new roof * updated fence and ac units hvac layout: open floor plan in all units townhome style amenities: no pool or additional amenities, leading to lower maintenance costs investment potential: upside for new buyer: significant potential to increase rents or make improvements to boost value vacancy: 6 vacant units provide an immediate opportunity for new tenants at market rates market appeal: located near a hospital, retail, and shopping centers, making it attractive to potential renters market and financial stability: rental market: stable with consistent demand maintenance: low due to recent updates and absence of high maintenance amenities advantages: location: proximity to essential services and amenities increases tenant appeal. Immediate upside: vacant units offer potential for immediate rent adjustments. Updated features: new roof and modernized interiors reduce the need for immediate capital expenditure. Low maintenance: absence of a pool or other high maintenance amenities minimizes ongoing costs. Conclusion: this 19 unit apartment complex in apple valley, ca, represents a strong investment opportunity with immediate upside potential. The combination of vacant units ready for market rate tenants, updated property features, and a prime location near essential services creates a compelling case for investors seeking stable rental income with growth prospects.
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Features
Appliances
  1. Convection Oven
  2. Dishwasher
  3. Gas Cooktop
  4. Water Heater
Architectural Style
  1. Modern
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 23826.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Concrete
  2. Stucco
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 86
Current Financing
  1. None
Direction Faces
  1. South
Electric
  1. Standard
Electric Expense
  1. 794.00
Fencing
  1. Block
  2. Wood
  3. Wrought Iron
Flooring
  1. Carpet
  2. Tile
  3. Vinyl
Foundation Details
  1. Concrete Perimeter
Fuel Expense
  1. 0.00
Garage Spaces
  1. 38.00
Gardner Expense
  1. 1800.00
Heating
  1. Central
  2. Natural Gas
Insurance Expense
  1. 9834.00
Laundry Features
  1. Gas & Electric Dryer Hookup
  2. Laundry Chute
Levels
  1. Two
Lockboxtype
  1. See Remarks
Lot Features
  1. 16-20 Units/Acre
  2. Walkstreet
  3. Yard
Netoperatingincome
  1. 91022.00
Newtaxesexpense
  1. 42172.00
Number Of Separate Electric Meters
  1. 19
Number Of Separate Gas Meters
  1. 19
Otherexpense
  1. 4750.00
Otherexpensedescription
  1. Reserves
Other Structures
  1. Second Garage Detached
Parcel Number
  1. 0473111080000
Parking Features
  1. Assigned
  2. Garage - Two Door
  3. Street
Pool Features
  1. None
Professionalmanagementexpense
  1. 6600.00
Property Type
  1. Apartment
Property Condition
  1. Repairs Cosmetic
Road Frontage Type
  1. Highway
Roof
  1. Composition
  2. Tile
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 418154334:CRM
Spa Features
  1. None
Totalactualrent
  1. 26343.00
Totalexpenses
  1. 106688.00
Trash Expense
  1. 15430.00
Uncovered Spaces
  1. 10.00
Utilities
  1. Cable Available
  2. Electricity Available
  3. Natural Gas Available
  4. Sewer Available
Vacancyallowance
  1. 10406
View
  1. Hills
  2. Neighborhood
Water Sewer Expense
  1. 9858.00
Water Source
  1. Public
Window Features
  1. Screens
Year Built
  1. 1989
Year Built Source
  1. Assessor