Sold
Last Sold Price
9,340 sqft

21601 Powhatan Rd, Apple Valley, CA 92308

Multi FamilyProperty Type
0.99 acresLot Size
1987Year Built
$187/sq ftPrice per sq ft

Description

Freshly painted 11-unit apartments located south of hwy 18, west of Navajo road, close to shopping. Central air, laminate flooring, spacious 2-bedroom 1 bath units, close to shopping and more.Freshly painted 11-unit apartments located south of hwy 18, west of Navajo road, close to shopping. Central air, laminate flooring, spacious 2-bedroom 1 bath units, close to shopping and more.
  • Listed by: Kevin Merritt DRE #01263972 Brokerage DRE #01896626 • INVESTCORP REAL ESTATE 909-3778222
Listing closed: 02/19/2025 12:00 AM • Source: CRMLS, MLS#: CV24228517
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Location

Listing Courtesy of INVESTCORP REAL ESTATE, Kevin Merritt, DRE #01263972

Sold By The New City Realty, Samuel Mikhail, DRE #01712561

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$11,095 per month

30 year fixed, 7.03% Interest

Principal and Interest

$9,342

Property Taxes

$1,753

HOA Dues

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Property Information for 21601 Powhatan Road

Property Details

  • MLS Type: Commercial Sale / Multi Family
  • Total Units: 66.0
  • Lot Size Source: Assessor
  • Building Area Total: 9340
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Entry Level: 1
  • Parcel Number: 3087301600000
  • Area: Apple Valley (APPV)
  • Directions: South of Hwy 18

Building Information

  • Stories: 1
  • Year Built: 1987
  • Lot Size: 0.99 AC / 43,000 SF

Income / Expense / Tax Details

Income Details
  • Gross Scheduled Income: $199,932
  • Net Operating Income: $130,709
  • Current Financing: Conventional
Expense Details
  • Expense Year: $69,223
  • Insurance Expense: $4,824

Property / Structure Info

Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, Flag Lot, No Landscaping
  • Land Use: Multi-Family
  • Topography: flat
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing

Unit Information

Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,450
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,811
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 11
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,320
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,550
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 5
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,550
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 6
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,500
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit 7
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,553
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
Unit 8
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,450
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
Unit 9
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,450
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 7
Unit 10
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,950
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 8
Unit 11
  • Unit Type Units Total: 9
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,450
  • Unit Type Area: 840
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 9

Property History for 21601 Powhatan Road

DateEvent & SourcePriceAppreciation
Feb 19, 2025

Sold

CRMLS #CV24228517

$1,750,000—
Jan 25, 2025

Pending

CRMLS #CV24228517

—
Jan 24, 2025

Sold (Public Record)

Public Record #1551372695

$1,750,000

+2.3% / yr

DateEvent & SourcePrice
02/19/2025

Sold

CRMLS #CV24228517

$1,750,000
01/25/2025

Pending

CRMLS #CV24228517

—
01/24/2025

Sold (Public Record)

Public Record #1551372695

$1,750,000

+2.3% / yr

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

Public records

21601 Powhatan Road

Baths

1

Total Finished SqFt

9,340 SqFt

Above Grade Finished SqFt

9,340 SqFt

Stories

1

Lot Size

43,000 SqFt

Style

Multi-Family Res (5+ Units)

Schools near 21601 Powhatan Road

This home is within Apple Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Yucca Loma Elementary School
PublicK to 6

High Desert Premier Academy
PublicK to 12

Apple Valley 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 INVESTCORP REAL ESTATE, Kevin Merritt, DRE #01263972

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.