16340 Wato Rd
Description
The Haven Vista Apartments are located at 16340 Wato Road, Apple Valley, CA 92307 & 17807 Siskiyou Road, Apple Valley, CA 92307. The investment in the Desert Knolls area of Apple Valley, encompassing two separate 6-unit buildings, presents a unique opportunity. These properties are well-equipped with garages, central heating and A/C, and offer scenic views, enhancing their appeal. The Desert...This Property to be sold as portfolio with 17807 Siskiyou Road, Apple Valley, CA 92307 Reference MLS#IV24038037
The Haven Vista Apartments are located at 16340 Wato Road, Apple Valley, CA 92307 & 17807 Siskiyou Road, Apple Valley, CA 92307. The investment in the Desert Knolls area of Apple Valley, encompassing two separate 6-unit buildings, presents a unique opportunity. These properties are well-equipped with garages, central heating and A/C, and offer scenic views, enhancing their appeal. The Desert Knolls location is desirable for its tranquility, accessibility, and proximity to essential amenities, making it an attractive option for investors seeking to capitalize on the residential demand in Apple Valley. The 12 unit apartment portfolio is comprised of two (6) unit complex consisting of (12) 2-bedroom / 2 bathroom units that are approximately 985-1200 Sq. Ft. The exceptional care that has been taken in this property, reflects the pride of ownership of its current owner. Scheduled maintenance, quality updates and improvements have always been a priority for the owner and make this property, a true turnkey asset for prospective buyers, who are looking for peace of mind, knowing they invested in a quality property, that will require minimal maintenance, for decades to come. As a result, the property demonstrates a minimal turn over and vacancy, in comparison to similar properties. The updated living conditions and the safe environment are both attractive features, to working class families, who constitute the tenant base. The rents are stable, with room for increases. The tenants will be willing to pay a premium to live in this safe and agreeable atmosphere.
- Listed by DARREN CORREA • DRE #02066621 • Brokerage DRE #01923766 • LE INVESTMENT GROUP
Property Details for 16340 Wato Road
Property Details for 16340 Wato Road
| Status | Closed |
|---|---|
| MLS # | IV24038007 |
| Days on Market | 12 |
| Pet Policy | - |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1984 |
| County | San Bernardino County |
Location
Sold By LE INVESTMENT GROUP, DARREN CORREA, DRE #02066621
Building Information for 16340 Wato Road
Payment Calculator
$7,766 per month
30 year fixed, 6.36% Interest
$6,463
$1,303
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1Property Information for 16340 Wato Road
- Gross Income: $136,690
- Gross Scheduled Income: $136,690
- Net Operating Income: $89,276
- Financing: Cash To New Loan
- Operating Expense: $40,579
- Fuel Expense: $1,876
- Electric Expense: $1,876
- Insurance Expense: $5,373
- Professional Management Expense: $750
- Trash Expense: $1,876
- Water Sewer Expense: $1,876
- Total Expenses: $39,218
- Tax Tract Number: 7802
- Tax Census Tract: 121.01
- CFD/Mello-Roos Fee: $1,815
- Tax Lot: 124
- Community Features: Suburban
- Laundry: Yes
- Laundry Features: Gas & Electric Dryer Hookup
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Lot Features: 6-10 Units/Acre
- Number Of Units: 6
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 6
- Parking Garage Spaces: 6
- Carport Spaces: 0
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 6
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 6
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,895
- Unit Type Total Rent: $22,740
- Unit Type Pro Forma: 22740
- Unit Type Type: 1
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 6
- Number Of Separate Gas Meters: 6
- Number Of Separate Water Meters: 6
Property History for 16340 Wato Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 28, 2024 | Sold SDMLS #IV24038007 | $1,297,000 | — |
| May 28, 2024 | Sold CLAW #IV24038007MR | $1,297,000 | — |
| May 28, 2024 | Sold CRMLS #IV24038007 | $1,297,000 | — |
| Apr 19, 2024 | Sold (Public Record) Public Record #1532862933 | $1,297,000 | +3.6% / yr |
| Apr 5, 2024 | Pending CRMLS #IV24038007 | — | |
| Mar 6, 2024 | Accepting Backup Offers CRMLS #IV24038007 | — | |
| Mar 6, 2024 | Pending CLAW #IV24038007MR | — | |
| Mar 6, 2024 | Pending SDMLS #IV24038007 | — | |
| Mar 6, 2024 | Accepting Backup Offers CLAW #IV24038007MR | — | |
| Feb 23, 2024 | Listed (Active) SDMLS #IV24038007 | $1,290,000 | — |
| Feb 23, 2024 | Listed (Active) CLAW #IV24038007MR | $1,290,000 | — |
| Feb 23, 2024 | Listed (Active) CRMLS #IV24038007 | $1,290,000 | — |
| Jun 23, 2004 | Sold (Public Record) Public Record #136557056 | $640,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/28/2024 | Sold SDMLS #IV24038007 | $1,297,000 |
| 05/28/2024 | Sold CLAW #IV24038007MR | $1,297,000 |
| 05/28/2024 | Sold CRMLS #IV24038007 | $1,297,000 |
| 04/19/2024 | Sold (Public Record) Public Record #1532862933 | $1,297,000 +3.6% / yr |
| 04/05/2024 | Pending CRMLS #IV24038007 | — |
| 03/06/2024 | Accepting Backup Offers CRMLS #IV24038007 | — |
| 03/06/2024 | Pending CLAW #IV24038007MR | — |
| 03/06/2024 | Pending SDMLS #IV24038007 | — |
| 03/06/2024 | Accepting Backup Offers CLAW #IV24038007MR | — |
| 02/23/2024 | Listed (Active) SDMLS #IV24038007 | $1,290,000 |
| 02/23/2024 | Listed (Active) CLAW #IV24038007MR | $1,290,000 |
| 02/23/2024 | Listed (Active) CRMLS #IV24038007 | $1,290,000 |
| 06/23/2004 | Sold (Public Record) Public Record #136557056 | $640,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 16340 Wato Road
Schools near 16340 Wato Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | K to 12 | |||
| Public - | 9 to 12 | |||
| 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.
Similar Homes
Nearby off-market homes
| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
– | 3 | 2.5 | 2,576 | 0.50 | |
$1,260,000 | 2 | 12 | 5,844 | 0.57 | |
$365,000 | 4 | 2 | 1,708 | 0.43 | |
$299,900 | 3 | 3 | 2,256 | 0.05 | |
– | 4 | 3 | 2,865 | 0.54 | |
$303,000 | 4 | 2 | 2,308 | 0.60 | |
– | – | 1.5 | 4,692 | 0.52 | |
$465,000 | 3 | 3 | 2,542 | 0.43 | |
$425,000 | 3 | 3 | 2,796 | 0.54 | |
$180,000 | 3 | 3 | 2,151 | 0.01 | |
– | 4 | 3 | 2,895 | 0.51 | |
– | 4 | 2.5 | 2,636 | 0.43 | |
$295,000 | 3 | 3 | 2,256 | 0.05 | |
$125,000 | – | – | – | 0.45 | |
$460,000 | 3 | 3 | 2,235 | 0.05 |
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Listing Courtesy of LE INVESTMENT GROUP, DARREN CORREA, DRE #02066621
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.