15975 Serrano Rd
Apple Valley, CA 92307

$1,149,999

Price

Beds

Baths

4,940 Sq. Ft.

$233 / Sq. Ft.

4,940

Sq. Ft.

$233

per Sq. Ft.

15975 Serrano Road Apple Valley, CA 92307 - Photo 1 of 35

Description

Fully stabilized 5-unit multifamily investment offering strong in-place income with quality tenants already paying market rents. This well-maintained property features five spacious 2-bedroom, 2-bathroom units, each with a detached 1-car garage, washer and dryer hookups, central A/C and heating, updated paint and tile flooring (remodeled approximately 2–3 years ago), and additional on-site parking. Four of the five units include private patio/yard space, enhancing tenant appeal and retention. Situated...Fully stabilized 5-unit multifamily investment offering strong in-place income with quality tenants already paying market rents. This well-maintained property features five spacious 2-bedroom, 2-bathroom units, each with a detached 1-car garage, washer and dryer hookups, central A/C and heating, updated paint and tile flooring (remodeled approximately 2–3 years ago), and additional on-site parking. Four of the five units include private patio/yard space, enhancing tenant appeal and retention. Situated on an expansive 20,000 sq ft lot, the property presents future expansion or value-add potential, including possible garage conversion (buyer to verify). A rare opportunity to acquire a clean, income-producing 5-unit asset with minimal deferred maintenance, ideal for both experienced investors and first-time multifamily buyers seeking stable cash flow and long-term growth. The same owner is also selling 13341 Navajo Rd, Apple Valley, CA 92308, presenting the unique opportunity to acquire multiple income-producing properties simultaneously.

Listed by Richard Valderrama Calle • DRE #02148207 • Brokerage DRE #02101297 • The Dara Group Inc. • 3109279680

Property Details for 15975 Serrano Road

Parking Spaces Total

Private Pool

Cooling Type

Central Air

Total Units

5.0

Building Type

Detached

Lot Size Source

Assessor

Living Area

4940

Assessor Parcel Number

0441-101-30-0000

LISTING UPDATED: 02/14/2026 02:12 AM

Property Details for 15975 Serrano Road

Status	Active
MLS #	PW26033991
Days on Market	5
Taxes	-
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Mixed Use
MLS Type	Residential Income
Year Built	1983
Lot Size	0.46 AC / 20,000 SF
County	San Bernardino County

Location

Listing Courtesy of The Dara Group Inc., Richard Valderrama Calle, DRE #02148207

Add your commute

Building Information for 15975 Serrano Road

Stories2Residences-Year Built1983Building Size-Lot Size0.46 AC / 20,000 SF

Payment Calculator

$6,240 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$635

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 15975 Serrano Road

Rental Info

Tenant Pays: Electricity, Gas

Income / Expense / Tax Details

Income Details

Gross Income: $99,336
Gross Scheduled Income: $106,200

Net Operating Income: $99,330
Current Financing: Conventional

Expense Details

Operating Expense: $6,870
Electric Expense: $14

Insurance Expense: $0
Professional Management Expense: $0
Trash Expense: $148
Water Sewer Expense: $411
Total Expenses: $573

Tax / Assessment Info

Tax Tract Number: 4287
Tax Lot: 495

Community / Development

Community Features: Sidewalks, Street Lights

Property / Structure Info

Interior Features

Laundry: Yes
Laundry Features: Gas & Electric Dryer Hookup

Cooling: Central Air
Heating Type: Central
Heating: Central

Exterior Features

Entry Location: 1st Level
Pool Features: None

Pool Description: None
Spa Features: None

Land/Lot Info

Lot Features: 0-1 Unit/Acre
Number Of Units: 5

Land Lease: No
Land Lease Type: Fee
Levels: Two
Water: Public
Sewer: Public Sewer
Water Source: Public

Parking Info

Garage Spaces: 5
Parking: Yes

Parking Garage: Driveway, Garage
Parking Garage Spaces: 5
Carport Spaces: 0
Parking Features: Driveway, Garage

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,900
Unit Type Total Rent: $1,900
Unit Type Pro Forma: 1900
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,900
Unit Type Total Rent: $1,900
Unit Type Pro Forma: 1900
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,250
Unit Type Total Rent: $1,250
Unit Type Pro Forma: 1900
Unit Type Type: 3

Unit 4

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,900
Unit Type Total Rent: $1,900
Unit Type Pro Forma: 1900
Unit Type Type: 4

Unit 5

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,900
Unit Type Total Rent: $1,900
Unit Type Pro Forma: 1900
Unit Type Type: 5

Unit Information

Number Of Units Leased: 5
Rent Controlled: No

Number Of Buildings: 2
Number Of Separate Electric Meters: 6
Number Of Separate Gas Meters: 5
Number Of Separate Water Meters: 1

Property History for 15975 Serrano Road

Date	Event & Source	Price	Appreciation
Feb 17, 2026	Price Change CLAW #PW26033991MR	$1,249,999	—
Feb 14, 2026	Listed (Active) CRMLS #PW26033991	$1,149,999	—
Feb 13, 2026	Listed (Active) CLAW #PW26033991MR	$1,149,999	—
Jun 23, 2020	Sold CLAW #WS19246850MR	$549,000	—
Jun 23, 2020	Sold CRMLS #WS19246850	$549,000	—
Jun 23, 2020	Sold SDMLS #WS19246850	$549,000	—
Feb 24, 2020	Sold (Public Record) Public Record #671053059	$549,000	—
Feb 24, 2020	Sold (Public Record) Public Record #1383919358	$549,000	+12.2% / yr
Jan 14, 2020	Pending CRMLS #WS19246850		—
Jan 14, 2020	Pending SDMLS #WS19246850		—
Jan 14, 2020	Pending CLAW #WS19246850MR		—
Oct 19, 2019	Listed (Active) SDMLS #WS19246850	$549,000	—
Oct 18, 2019	Listed (Active) CLAW #WS19246850MR	$549,000	—
Oct 18, 2019	Listed (Active) CRMLS #WS19246850	$549,000	—
Jun 1, 2019	Expired CRMLS #WS18280891	$549,000	—
May 31, 2019	Expired CLAW #WS18280891MR		—
Mar 8, 2019	Withdrawn / Cancelled CRMLS #WS18280891		—
Mar 8, 2019	Expired SDMLS #WS18280891		—
Feb 23, 2019	Listed (Active) CRMLS #WS18280891		—
Feb 22, 2019	Hold CRMLS #WS18280891		—
Nov 27, 2018	Listed (Active) SDMLS #WS18280891	$549,000	—
Nov 27, 2018	Listed (Active) CRMLS #WS18280891	$549,000	—
Nov 27, 2018	Listed (Active) CLAW #WS18280891MR	$549,000	—
Oct 31, 2018	Expired CRMLS #447533	$349,900	—
Oct 30, 2018	Expired CRMLS #439394	$349,900	—
May 5, 2018	Expired CRMLS #WS17269889	$559,000	—
May 4, 2018	Expired CLAW #WS17269889MR		—
Feb 23, 2018	Expired SDMLS #WS17269889		—
Dec 5, 2017	Listed (Active) CRMLS #WS17269889	$559,000	—
Dec 5, 2017	Listed (Active) CLAW #WS17269889MR	$559,000	—
Dec 5, 2017	Listed (Active) SDMLS #WS17269889	$559,000	—
Apr 24, 2015	Sold CLAW #CV15008381MR	$310,000	—
Apr 24, 2015	Sold CRMLS #CV15008381	$310,000	—
Apr 24, 2015	Sold SDMLS #CV15008381	$310,000	—
Apr 13, 2015	Expired CRMLS #CV15008381		—
Mar 13, 2015	Sold (Public Record) Public Record #1021610213	$310,000	—
Mar 13, 2015	Sold (Public Record) Public Record #521610213	$310,000	+5.9% / yr
Jan 13, 2015	Listed (Active) SDMLS #CV15008381	$338,800	—
Jan 13, 2015	Pending CLAW #CV15008381MR		—
Jan 13, 2015	Pending CRMLS #CV15008381		—
Jan 13, 2015	Listed (Active) CLAW #CV15008381MR	$338,800	—
Jan 13, 2015	Listed (Active) CRMLS #CV15008381	$338,800	—
Nov 21, 2014	Expired SDMLS #447533		—
Sep 8, 2014	Listed (Active) SDMLS #447533	$349,900	—
Sep 8, 2014	Listed (Active) CRMLS #447533	$349,900	—
Aug 19, 2014	Expired SDMLS #439394		—
Mar 10, 2014	Listed (Active) SDMLS #439394	$349,900	—
Mar 10, 2014	Listed (Active) CRMLS #439394	$349,900	—
Nov 2, 2012	Sold CLAW #420877MR	$270,000	—
Nov 2, 2012	Sold CRMLS #420877	$270,000	—
Nov 2, 2012	Sold SDMLS #420877	$270,000	—
Oct 18, 2012	Sold (Public Record) Public Record #840939168	$270,000	—
Oct 18, 2012	Sold (Public Record) Public Record #340939168	$270,000	—
Oct 12, 2012	Pending SDMLS #420877		—
Oct 12, 2012	Pending CRMLS #420877		—
Oct 12, 2012	Pending CLAW #420877MR		—
Sep 17, 2012	Listed (Active) CRMLS #420877	$285,000	—
Sep 17, 2012	Listed (Active) CLAW #420877MR	$285,000	—
Sep 17, 2012	Listed (Active) SDMLS #420877	$285,000	—
Sep 16, 2012	Expired CRMLS #K11164652	$275,000	—
Sep 15, 2012	Expired CLAW #K11164652MR		—
Dec 27, 2011	Listed (Active) CLAW #K11164652MR	$305,000	—
Dec 27, 2011	Listed (Active) CRMLS #K11164652	$305,000	—
Sep 10, 2011	Expired CRMLS #I10015239	$295,950	—
Sep 9, 2011	Expired CLAW #I10015239MR		—
Feb 9, 2010	Listed (Active) CLAW #I10015239MR	$448,888	—
Feb 9, 2010	Listed (Active) CRMLS #I10015239	$448,888	—

Date	Event & Source	Price
02/17/2026	Price Change CLAW #PW26033991MR	$1,249,999
02/14/2026	Listed (Active) CRMLS #PW26033991	$1,149,999
02/13/2026	Listed (Active) CLAW #PW26033991MR	$1,149,999
06/23/2020	Sold CLAW #WS19246850MR	$549,000
06/23/2020	Sold CRMLS #WS19246850	$549,000
06/23/2020	Sold SDMLS #WS19246850	$549,000
02/24/2020	Sold (Public Record) Public Record #671053059	$549,000
02/24/2020	Sold (Public Record) Public Record #1383919358	$549,000 +12.2% / yr
01/14/2020	Pending CRMLS #WS19246850	—
01/14/2020	Pending SDMLS #WS19246850	—
01/14/2020	Pending CLAW #WS19246850MR	—
10/19/2019	Listed (Active) SDMLS #WS19246850	$549,000
10/18/2019	Listed (Active) CLAW #WS19246850MR	$549,000
10/18/2019	Listed (Active) CRMLS #WS19246850	$549,000
06/01/2019	Expired CRMLS #WS18280891	$549,000
05/31/2019	Expired CLAW #WS18280891MR	—
03/08/2019	Withdrawn / Cancelled CRMLS #WS18280891	—
03/08/2019	Expired SDMLS #WS18280891	—
02/23/2019	Listed (Active) CRMLS #WS18280891	—
02/22/2019	Hold CRMLS #WS18280891	—
11/27/2018	Listed (Active) SDMLS #WS18280891	$549,000
11/27/2018	Listed (Active) CRMLS #WS18280891	$549,000
11/27/2018	Listed (Active) CLAW #WS18280891MR	$549,000
10/31/2018	Expired CRMLS #447533	$349,900
10/30/2018	Expired CRMLS #439394	$349,900
05/05/2018	Expired CRMLS #WS17269889	$559,000
05/04/2018	Expired CLAW #WS17269889MR	—
02/23/2018	Expired SDMLS #WS17269889	—
12/05/2017	Listed (Active) CRMLS #WS17269889	$559,000
12/05/2017	Listed (Active) CLAW #WS17269889MR	$559,000
12/05/2017	Listed (Active) SDMLS #WS17269889	$559,000
04/24/2015	Sold CLAW #CV15008381MR	$310,000
04/24/2015	Sold CRMLS #CV15008381	$310,000
04/24/2015	Sold SDMLS #CV15008381	$310,000
04/13/2015	Expired CRMLS #CV15008381	—
03/13/2015	Sold (Public Record) Public Record #1021610213	$310,000
03/13/2015	Sold (Public Record) Public Record #521610213	$310,000 +5.9% / yr
01/13/2015	Listed (Active) SDMLS #CV15008381	$338,800
01/13/2015	Pending CLAW #CV15008381MR	—
01/13/2015	Pending CRMLS #CV15008381	—
01/13/2015	Listed (Active) CLAW #CV15008381MR	$338,800
01/13/2015	Listed (Active) CRMLS #CV15008381	$338,800
11/21/2014	Expired SDMLS #447533	—
09/08/2014	Listed (Active) SDMLS #447533	$349,900
09/08/2014	Listed (Active) CRMLS #447533	$349,900
08/19/2014	Expired SDMLS #439394	—
03/10/2014	Listed (Active) SDMLS #439394	$349,900
03/10/2014	Listed (Active) CRMLS #439394	$349,900
11/02/2012	Sold CLAW #420877MR	$270,000
11/02/2012	Sold CRMLS #420877	$270,000
11/02/2012	Sold SDMLS #420877	$270,000
10/18/2012	Sold (Public Record) Public Record #840939168	$270,000
10/18/2012	Sold (Public Record) Public Record #340939168	$270,000
10/12/2012	Pending SDMLS #420877	—
10/12/2012	Pending CRMLS #420877	—
10/12/2012	Pending CLAW #420877MR	—
09/17/2012	Listed (Active) CRMLS #420877	$285,000
09/17/2012	Listed (Active) CLAW #420877MR	$285,000
09/17/2012	Listed (Active) SDMLS #420877	$285,000
09/16/2012	Expired CRMLS #K11164652	$275,000
09/15/2012	Expired CLAW #K11164652MR	—
12/27/2011	Listed (Active) CLAW #K11164652MR	$305,000
12/27/2011	Listed (Active) CRMLS #K11164652	$305,000
09/10/2011	Expired CRMLS #I10015239	$295,950
09/09/2011	Expired CLAW #I10015239MR	—
02/09/2010	Listed (Active) CLAW #I10015239MR	$448,888
02/09/2010	Listed (Active) CRMLS #I10015239	$448,888

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15975 Serrano Road

Taxable ValueLand$38,278Additions$562,134Total$600,412

Tax Record2025$7,617 ($635 / month)

Home Facts

Total Finished SqFt4,940 SqFtAbove Grade Finished SqFt4,940 SqFtStories2Lot Size20,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1983CountySAN BERNARDINOAPN0441-101-30-0000

Schools near 15975 Serrano Road

This home is within Apple Valley Unified School District.


Rating	School	Type	Grades	Distance
3/10	Phoenix Academy	Public - Serves this home	K to 8	0.8 mi
4/10	Granite Hills High School	Public - Serves this home	9 to 12	3.8 mi
2/10	High Desert Premier Academy	Public - Choice school	K to 12	4.5 mi
4/10	Vanguard Preparatory School	Public - Choice school	K to 8	5.0 mi


Rating	School	Distance
3/10	Phoenix Academy PublicK to 8 Serves this home	0.8 mi
4/10	Granite Hills High School Public9 to 12 Serves this home	3.8 mi
2/10	High Desert Premier Academy PublicK to 12 Choice school	4.5 mi
4/10	Vanguard Preparatory School PublicK to 8 Choice school	5.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 15975 Serrano Road, Apple Valley, CA 92307

15975 Serrano Road is a mixed use property for sale in Apple Valley, CA 92307. This property was listed for sale on February 13, 2026 by The Dara Group Inc., it's currently listed at $1,149,999. It has been on the market for a total of 5 days and was last sold on June 23, 2020. This listing's school district is Apple Valley Unified School District. Nearby schools include Phoenix Academy, Granite Hills High School and High Desert Premier Academy. 15975 Serrano Road is a 10-bed, 10-bath, 4,940 sqft mixed use property built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Dara Group Inc., Richard Valderrama Calle, DRE #02148207

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

15975 Serrano RdApple Valley, CA 92307

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More information about 15975 Serrano Road, Apple Valley, CA 92307

15975 Serrano Rd
Apple Valley, CA 92307