16340 Quantico Rd

Apple Valley, CA 92307

$870,000
Last Sold Price
4
Beds
4
Baths
4,088 Sq. Ft.
$213 / Sq. Ft.
4,088
Sq. Ft.
$213
per Sq. Ft.
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Closed 8/2/24
Closed 8/2/24

Description

Rare opportunity to own quadruplex (4 Units with Garages) in highly sought after Desert Knolls neighborhood in Apple Valley, Ca. Immediate upside if you can manage yourself currently with professional management company costing ±$5,400 in annual expenses. The Operating Expenses and NOI include new property taxes at ±$900,000 and current insurance coverage. Neighborhood includes nearby St. Mary's Hospital, high end homes, offices, restaurants, banks, shopping, and much more. Within minutes of the...Rare opportunity to own quadruplex (4 Units with Garages) in highly sought after Desert Knolls neighborhood in Apple Valley, Ca. Immediate upside if you can manage yourself currently with professional management company costing ±$5,400 in annual expenses. The Operating Expenses and NOI include new property taxes at ±$900,000 and current insurance coverage. Neighborhood includes nearby St. Mary's Hospital, high end homes, offices, restaurants, banks, shopping, and much more. Within minutes of the I-15 Freeway. Units feature 2 Beds 1 Baths with living area and kitchen. Two units have been completely remodeled last year with the higher rents and the other two units are long term tenants. Great pro-forma potential in a growing market with highly anticipated High Speed Train to Las Vegas plus millions of sq ft of industrial buildings proposed in the North Apple Valley Industrial Specific Plan.
  1. Listed by BRYEN WRIGHT • DRE #01948664 • Brokerage DRE #01008773 • First Team Real Estate-HighDes • 760-792-4224

Property Details for 16340 Quantico Road

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4088
Assessor Parcel Number
0473-281-03-0000
Property Attached YN
true
LISTING CLOSED: 08/02/2024 12:00 AM

Property Details for 16340 Quantico Road

StatusClosed
MLS #HD24102854
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.52 AC / 22,580 SF
CountySan Bernardino County
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Location

Listing Courtesy of First Team Real Estate-HighDes, BRYEN WRIGHT, DRE #01948664

Sold By First Team Real Estate-HighDes, BRYEN WRIGHT, DRE #01948664

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Building Information for 16340 Quantico Road

Stories1Residences-Year Built1988Building Size-Lot Size0.52 AC / 22,580 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$5,199 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,335

Property Taxes

$864

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16340 Quantico Road

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $67,488
  • Gross Scheduled Income: $67,488
  • Net Operating Income: $45,038
  • Cap Rate: 5.0
  • Financing: Cash
Expense Details
  • Operating Expense: $22,450
  • New Taxes Expense: $10,000
  • Insurance Expense: $3,150
  • Professional Management Expense: $5,400
  • Trash Expense: $2,700
  • Water Sewer Expense: $1,200
  • Total Expenses: $22,450
Tax / Assessment Info
  • Tax Tract Number: 7802
  • Tax Census Tract: 121.01
  • CFD/Mello-Roos Fee: $827
  • Tax Lot: 197
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Landscaped, Rectangular Lot, Level, Paved, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,595
  • Unit Type Total Rent: $1,595
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,217
  • Unit Type Total Rent: $1,217
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 4

Property History for 16340 Quantico Road

DateEvent & SourcePriceAppreciation
Aug 2, 2024

Sold

SDMLS #HD24102854

$870,000—
Aug 2, 2024

Sold

CLAW #HD24102854MR

$870,000—
Aug 2, 2024

Sold

CRMLS #HD24102854

$870,000—
DateEvent & SourcePrice
08/02/2024

Sold

SDMLS #HD24102854

$870,000
08/02/2024

Sold

CLAW #HD24102854MR

$870,000
08/02/2024

Sold

CRMLS #HD24102854

$870,000

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

Public Records for 16340 Quantico Road

Taxable ValueLand$178,500Additions$708,900Total$887,400
Tax Record2025$10,373 ($864 / month)
Home Facts
Baths1Total Finished SqFt4,088 SqFtAbove Grade Finished SqFt4,088 SqFtLot Size22,580 SqFtStyleQuadraplexYear Built1988Year Renovated1988CountySAN BERNARDINOAPN0473-281-03-0000

Schools near 16340 Quantico 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
Apple Valley Virtual Academy
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

Apple Valley Virtual Academy
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate-HighDes, BRYEN WRIGHT, DRE #01948664

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.