Sold
Last Sold Price
3 beds7 baths5,396 sqft
20472 Rimrock Rd E, Apple Valley, CA 92307
Mixed UseProperty Type
0.63 acresLot Size
1980Year Built
$107/sq ftPrice per sq ft
14 carsParking Spaces

Description

High return investment property - 7 unit complex ; 4 units are 2 bedroom/ 1 bathroom; 3 units are 1 bedroom/1 bathroom. All have detached garages, additional seven community parking spaces. Onsite laundry room with washer/dryer. Property professionally managed, low maintenance yard. Owner pays water for each unit; separate gas and electrical meters for tenants. Four of the units have been remodeled in the last 24 months with new appliances, carpet and vinyl flooring. All units currently leased.High return investment property - 7 unit complex ; 4 units are 2 bedroom/ 1 bathroom; 3 units are 1 bedroom/1 bathroom. All have detached garages, additional seven community parking spaces. Onsite laundry room with washer/dryer. Property professionally managed, low maintenance yard. Owner pays water for each unit; separate gas and electrical meters for tenants. Four of the units have been remodeled in the last 24 months with new appliances, carpet and vinyl flooring. All units currently leased.
  • Listed by: Jonathan Minerick DRE #01523060 Brokerage DRE #01888948 • Homecoin.com
Listing closed: 04/22/2019 12:00 AM • Source: CRMLS, MLS#: TR18297196

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$499,000

Avg days on market

96

Sale-to-list ratio

98.5%

Apple Valley, CA

9 comparable properties found

$980,000 | 15535 Broken Bow Road, Apple Valley, CA 92307
1

$980,000

Sold 09/01/26

2
Bedrooms
8
Bathrooms
5,700
Square Feet
0.67
Acres
a view of a city with an ocean beach
2

$499,000

Sold 11/18/25

3
Bedrooms
1,895
Square Feet
1.17
Acres
a front view of a house with a yard
3

$499,000

Sold 09/24/25

3
Bedrooms
2,682
Square Feet
1
Acres
$586,000 | 19971 Highway 18, Apple Valley, CA 92307
4

$586,000

Sold 03/20/25

3
Bedrooms
2,603
Square Feet
1
Acres
a view of house with outdoor space and tree s
5

$485,000

Sold 03/31/26

3
Bedrooms
2,102
Square Feet
1.05
Acres
a front view of a house with a yard
6

$479,900

Sold 03/18/26

3
Bedrooms
1,673
Square Feet
0.60
Acres
a front view of a house with a yard
7

$485,000

Sold 04/07/26

3
Bedrooms
1,869
Square Feet
1.00
Acres
$515,000 | 15015 Cheyenne Road, Apple Valley, CA 92307
8

$515,000

Sold 05/15/25

3
Bedrooms
1,851
Square Feet
1
Acres
$467,000 | 15876 Dale Evans Parkway, Apple Valley, CA 92307
9

$467,000

Sold 07/29/26

3
Bedrooms
2,330
Square Feet
0.54
Acres

Location

Listing Courtesy of Homecoin.com, Jonathan Minerick, DRE #01523060

Sold By MERIDIAN PROPERTY GROUP, SCOTT CHERAMIE, DRE #01409016

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,770 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,070

Property Taxes

$700

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 20472 Rimrock Road East

Property Details
  • MLS Type: Residential Income
  • Architectural Style: Traditional
  • Parking Spaces Total: 14
  • Private Pool: No
  • Cooling Type: Central Air
  • Total Units: 7.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 5396
  • Assessor Parcel Number: 0441-151-04-0000
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area: 635
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area: 865
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 5396
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Pool: No
  • Association: No
  • Association Fee: $.00
  • Senior Community: No
  • Parcel Number: 0441151040000
  • Area: Apple Valley (APPV)
  • Directions: Highway 18 to Rancherias to Rimrock
Building Information
  • Stories: 1
  • Year Built: 1980
  • Lot Size: 0.63 AC / 27,500 SF
Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $38,200
  • Gross Scheduled Income: $59,200
  • Net Operating Income: $38,200
  • Financing: Cash
Expense Details
  • Operating Expense: $21,000
  • New Taxes Expense: $0
  • Gardener Expense: $1,400
  • Fuel Expense: $200
  • Licenses Expense: $100
  • Electric Expense: $720
  • Insurance Expense: $1,800
  • Professional Management Expense: $4,200
  • Trash Expense: $1,200
  • Water Sewer Expense: $3,900
  • Total Expenses: $21,000
Tax / Assessment Info
  • Tax Tract Number: 4112
  • Tax Census Tract: 97.16
  • Tax Lot: 38
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Equipment: Community, Garage, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Laundry Area, Range/Oven
  • Interior Features: Attic Fan, Built-in Features, Dry Bar, Formica Counters
  • Room Type: All Bedrooms Down, Living Room
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Gas & Electric Dryer Hookup, In Garage
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring Type: Carpet, Laminate, Tile, Vinyl
  • Flooring: Carpet, Laminate, Tile, Vinyl
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Composition
  • Entry Location: Ground Level No Steps
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Landscaped
  • Direction Faces: South
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 7
  • Parking: Yes
  • Parking Garage: Garage - 1 Car, Unassigned
  • Uncovered Spaces: 7
  • Open Other Spaces Total: 7
  • Parking Garage Spaces: 7
  • Carport Spaces: 0
  • Parking Features: Garage - Single Door, Unassigned
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,908
  • Unit Type Total Rent: $22,900
  • Unit Type Pro Forma: 22900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $34,800
  • Unit Type Pro Forma: 34800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 7
  • Number With Range: 7
  • Number With Carpet: 7
  • Number With Disposal: 7

Property History for 20472 Rimrock Road East

DateEvent & SourcePriceAppreciation
Jan 22, 2022

Expired

CRMLS #271952

$749,000—
Jan 22, 2022

Expired

CRMLS #123705

$199,500—
Jan 21, 2022

Expired

CRMLS #160789

$195,000—
DateEvent & SourcePrice
01/22/2022

Expired

CRMLS #271952

$749,000
01/22/2022

Expired

CRMLS #123705

$199,500
01/21/2022

Expired

CRMLS #160789

$195,000

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

Public Records for 20472 Rimrock Road East

Taxable ValueLand$68,270Additions$585,983Total$654,253
Tax Record2025$8,398 ($700 / month)
Home Facts
Baths3Total Finished SqFt5,396 SqFtAbove Grade Finished SqFt5,396 SqFtStories1Lot Size27,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1980Year Renovated1980CountySAN BERNARDINOAPN0441-151-04-0000

Schools near 20472 Rimrock Road East

This home is within Apple Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Public - K to 8
Rating
School
Distance
Phoenix Academy
PublicK to 8

Granite Hills High School
Public9 to 12

High Desert Premier Academy
PublicK 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

New listings in 92307

$69,999 | 20683 Waalew Road, Unit 59, Apple Valley, CA 92307
1/22
Listed By Coldwell BankerNew

$69,999

2
Bedrooms
821
Square Feet
Unavailable
Acres
$85,000 | 20843 Waalew Road, Apple Valley, CA 92307
1/17
New

$85,000

2
Bedrooms
1,248
Square Feet
Unavailable
Acres
$129,000 | 20683 Waalew Road, Unit B37, Apple Valley, CA 92307
1/38
New

$129,000

2
Bedrooms
1,023
Square Feet
Unavailable
Acres
$595,000 | 19590 Red Feather Road, Apple Valley, CA 92307
1/24
New

$595,000

4
Bedrooms
2,169
Square Feet
0.65
Acres
a front view of a house with a garden and tree
1/32
Virtual Tour

$540,000

4
Bedrooms
2,688
Square Feet
0.49
Acres
$425,000 | 15198 Temecula Road, Apple Valley, CA 92307
1/24
Open: 10/4 02:00PM - 05:00PM

$425,000

3
Bedrooms
1,296
Square Feet
0.43
Acres
$349,500 | 14435 Iroquois Road, Apple Valley, CA 92307
1/35

$349,500

3
Bedrooms
1,245
Square Feet
1.00
Acres
$549,999 | 19964 Nowata Road, Apple Valley, CA 92307
1/53
Listed By Coldwell Banker

$549,999

3
Bedrooms
2,187
Square Feet
0.44
Acres
$385,000 | 22272 Klickitat Avenue, Apple Valley, CA 92307
1/42

$385,000

3
Bedrooms
1,452
Square Feet
0.36
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 20472 Rimrock Road East, Apple Valley, CA 92307
$575,000
3
7
5,396
27,500
$360,000
4
4
3,612
19,350
$449,000
12
20
–
–
–
–
–
–
18,073
$322,000
4
1,946
18,016
$38,000
4
2.5
2,340
17,820

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 Homecoin.com, Jonathan Minerick, DRE #01523060

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.