20380 Rimrock Road, Apple Valley, CA

$750,000

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8

Beds

8

Baths

0.42

Acres

About 20380 Rimrock Road

Excellent Investment Opportunity 4-Plex in Prime Location! Why build when you can buy for less? In todays 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 upsidemaking 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. Dont miss this rare chance to own an income-producing multi-unit property in a prime locationpriced well below the cost to build new!

Features of 20380 Rimrock Road

MLS® # HD25086467
Price $750,000
Bedrooms 8
Bathrooms 8.00
Acres 0.42
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 20380 Rimrock Road
Area APPLE VALLEY (92307)
City Apple Valley
County San Bernardino
State CA
Zip Code 92307

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Central Forced Air
Fireplace Yes
Stories 1 Story

Additional Information

Date Listed April 18th, 2025
Days on Market 138
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Home Source

Listing Map

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