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Rarely available 18-unit multifamily investment in Apple Valley’s highly desirable Desert Knolls submarket, offering strong cash flow, excellent occupancy, and easy leasing demand. Composed of all spacious 2-bed/1-bath units (~874 sq. ft. each), this gated community stands out with separate gas and electric meters, individual hot water heaters, and A/C & central heating.
Situated on an oversized 60,548 sq. ft. (1.39+ acre) lot with mountain views and great curb appeal, the property includes four separate two-story buildings, garage parking plus additional open spaces, and wrought-iron gated entry. On-site laundry adds ancillary income potential.
Recent capital improvements have been completed on 16 of the 18 units, including updated kitchens and bathrooms and laminated wood flooring, allowing the property to command premium rents. These upgrades position the asset for long-term stability with less maintenance.
Located near St. Mary’s Hospital, schools, shopping, and close to freeways. This is a good opportunity for investors.
The income description goes here to explain
| List Price | $3,499,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 18 spots |
| Year Built | 1986 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 0473153220000 |
| MLS # | CV25280375 |
| Property ID | 322468573 |
| Lot Sqft | 60,548 |
| Zoning | Unknown |
| Total Units | 18 |
| Days on Market | 75 |
| Original List Price | $3,499,000 |
| Applicances | Dishwasher,Gas Cooktop,Gas Oven,Gas Range,Water Heater% |
| Date Updated | December 25, 2025 |
| Date Created | December 25, 2025 |
Anne Yang an agent of . Lic #00974885
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 25, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT