16228 Wato Rd

Apple Valley, CA 92307

$999,000
Price
8
Beds
8
Baths
3,808 Sq. Ft.
$262 / Sq. Ft.
3,808
Sq. Ft.
$262
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New
4 Units
Quadplex / 4 Units
4 Car Garage
2 Upstairs + 2 Downstairs
Entry / Living Room
Kitchen
Bed 1
Bath 1
Bed 2
Bath 2
4 Car Garage
Large Lot Ample Parking
Large Lot Ample Parking
Front - Please Do Not Disturb Tenants
Large Lot

Description

Rare Opportunity to Own a Fully Rented 4-Unit Property Situated on Approximately Half an Acre in an Ideal Location. Properties like this do not come up often, making this a standout investment opportunity in today’s market. All Units Are Currently Rented, offering strong income potential. Each Unit Features a Functional Layout along with Single-Car Garage Parking, providing added convenience and appeal for tenants. Each unit is approximately 952 square feet and offers 2 bedrooms and 2 bathrooms....Rare Opportunity to Own a Fully Rented 4-Unit Property Situated on Approximately Half an Acre in an Ideal Location. Properties like this do not come up often, making this a standout investment opportunity in today’s market. All Units Are Currently Rented, offering strong income potential. Each Unit Features a Functional Layout along with Single-Car Garage Parking, providing added convenience and appeal for tenants. Each unit is approximately 952 square feet and offers 2 bedrooms and 2 bathrooms. The expansive lot sets this property apart from others in the area, offering additional space and long-term potential. This Well-Maintained Property has seen Recent Upgrades, including Exterior Paint completed approximately 2 years ago, Updated Stairs, and Units that have been improved and are in Good Condition throughout. All Units Feature Their Own Laundry, adding everyday convenience, while the Two Upstairs Units offer Fireplaces for added comfort and appeal. Comparable multi-unit properties in the area continue to be in high demand, making this the type of asset investors are actively seeking. Conveniently located near Shopping, Schools, and major commuter routes, this property offers excellent accessibility and rental appeal. A Strong Opportunity to acquire a Well-Kept, Income-Producing 4-Plex in a desirable and growing market.
  1. Listed by Joanna Nassar • DRE #01964182 • Brokerage DRE #02211662 • Coldwell Banker Envision • joannasales365@gmail.com

Property Details for 16228 Wato Road

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3808
Assessor Parcel Number
0473-343-09-0000
LISTING UPDATED: 04/08/2026 11:44 PM

Property Details for 16228 Wato Road

StatusActive
MLS #HD26073633
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.41 AC / 18,000 SF
CountySan Bernardino County
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Location

Listing Courtesy of Coldwell Banker Envision, Joanna Nassar, DRE #01964182
Add your commute

Building Information for 16228 Wato Road

Stories2Residences-Year Built1984Building Size-Lot Size0.41 AC / 18,000 SF

Payment Calculator

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$5,140 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,030

Property Taxes

$110

HOA Dues

$0

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Property Information for 16228 Wato Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $74,400
  • Gross Scheduled Income: $74,400
  • Net Operating Income: $53,644
  • Cap Rate: 5.37
Expense Details
  • Operating Expense: $17,036
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $4,000
  • Trash Expense: $3,276
  • Water Sewer Expense: $6,960
  • Total Expenses: $17,036
Tax / Assessment Info
  • Tax Tract Number: 7802
  • CFD/Mello-Roos Fee: $899
  • Tax Lot: 119
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Structures: Value in Land
  • Other Structures: Value in Land
  • Miscellaneous: Value in Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Paved, Value In Land
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
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: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • 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: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • 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: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1600
  • 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: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 16228 Wato Road

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Listed (Active)

CLAW #HD26073633MR

$999,000—
Apr 8, 2026

Listed (Active)

CRMLS #HD26073633

$999,000—
Apr 8, 2026

Listed (Active)

SDMLS #HD26073633

$999,000—
Dec 1, 2016

Expired

CRMLS #CV16151447

$105,000—
Nov 30, 2016

Expired

CLAW #CV16151447MR

—
Jul 11, 2016

Listed (Active)

CRMLS #CV16151447

$105,000—
Jul 11, 2016

Listed (Active)

CLAW #CV16151447MR

$105,000—
DateEvent & SourcePrice
04/08/2026

Listed (Active)

CLAW #HD26073633MR

$999,000
04/08/2026

Listed (Active)

CRMLS #HD26073633

$999,000
04/08/2026

Listed (Active)

SDMLS #HD26073633

$999,000
12/01/2016

Expired

CRMLS #CV16151447

$105,000
11/30/2016

Expired

CLAW #CV16151447MR

—
07/11/2016

Listed (Active)

CRMLS #CV16151447

$105,000
07/11/2016

Listed (Active)

CLAW #CV16151447MR

$105,000

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

Public Records for 16228 Wato Road

Taxable ValueLand$101,337Additions-Total$101,337
Tax Record2025$1,326 ($110 / month)
Home Facts
Beds0Lot Size29,297 SqFtStyleResidentialCountySAN BERNARDINOAPN0473-401-05-0000

Schools near 16228 Wato Road

This home is within Apple Valley Unified School District.
Rating
School
Type
Grades
Distance
Desert Knolls Elementary School
Public - K to 6
High Desert Premier Academy
Public - K to 12
Granite Hills High School
Public - 9 to 12
Vanguard Preparatory School
Public - K to 8
Rating
School
Distance
Desert Knolls Elementary School
PublicK to 6

High Desert Premier Academy
PublicK to 12

Granite Hills High School
Public9 to 12

Vanguard Preparatory School
PublicK to 8

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 16228 Wato Road, Apple Valley, CA 92307

16228 Wato Road is a multi-family home for sale in Apple Valley, CA 92307. This property was listed for sale on April 8, 2026 by Coldwell Banker Envision, it's currently listed at $999,000. This listing's school district is Apple Valley Unified School District. Nearby schools include Desert Knolls Elementary School, High Desert Premier Academy and Granite Hills High School. 16228 Wato Road is a 8-bed, 8-bath, 3,808 sqft multi-family home built in 1984.

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 Coldwell Banker Envision, Joanna Nassar, DRE #01964182

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.