20217 Serrano Road, Unit 4

Apple Valley, CA 92307

$925,000
Price
12
Beds
32
Baths
4,012 Sq. Ft.
$231 / Sq. Ft.
4,012
Sq. Ft.
$231
per Sq. Ft.

Description

Rare 4 unit complex in Apple Valley. All units are 3 bedroom / 2 bathroom. Just over 1100 sq ft for each unit. Each unit comes with open floor plan, fireplace, 1 car garage, patio and washer/dryer hookups. Low maintenance complex with each unit individually metered for water, gas and electric. Owner only pays trash cost at $284 per month. Great investment opportunity or live in one unit and collect rent to offset mortgage payments for easy qualification with only 3.5 % to 5% down payment programs....Rare 4 unit complex in Apple Valley. All units are 3 bedroom / 2 bathroom. Just over 1100 sq ft for each unit. Each unit comes with open floor plan, fireplace, 1 car garage, patio and washer/dryer hookups. Low maintenance complex with each unit individually metered for water, gas and electric. Owner only pays trash cost at $284 per month. Great investment opportunity or live in one unit and collect rent to offset mortgage payments for easy qualification with only 3.5 % to 5% down payment programs. Property was updated 4 years ago and in good condition. Property to be sold “AS IS condition.
  1. Listed by Mustafa Sultani • DRE #01755273 • Brokerage DRE #01755273 • Mustafa Sultani Broker • emailprudential@gmail.com

Property Details for 20217 Serrano Road, Unit 4

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4012
Assessor Parcel Number
0441-221-05-0000
Property Attached YN
false

Location

Listing Courtesy of Mustafa Sultani Broker, Mustafa Sultani, DRE #01755273
Add your commute
LISTING UPDATED: 04/19/2024 11:29 PM

Property Details for 20217 Serrano Road, Unit 4

StatusActive
MLS #RS24078239
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1983
Lot Size0.39 AC / 17,000 SF
CountySan Bernardino County

Location

Listing Courtesy of Mustafa Sultani Broker, Mustafa Sultani, DRE #01755273
Add your commute

Building Information for 20217 Serrano Road, Unit 4

Stories1Residences-Year Built1983Building Size-Lot Size0.39 AC / 17,000 SF

Payment Calculator

$5,048 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20217 Serrano Road, Unit 4

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $93,000
  • Gross Scheduled Income: $93,000
  • Gross Equity: $93,000
  • Net Operating Income: $89,000
Expense Details
  • Operating Expense: $3,420
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,500
  • Professional Management Expense: $0
  • Trash Expense: $3,420
  • Water Sewer Expense: $0
  • Total Expenses: $6,920
Tax / Assessment Info
  • Tax Tract Number: 4112
  • Tax Census Tract: 97.27
  • Tax Lot: 212
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range, Water Heater
  • Equipment: Dishwasher, Inside
  • Interior Features: Ceiling Fan(s), Ceramic Counters, Living Room Balcony, Storage
  • Room Type: All Bedrooms Down, Laundry, Living Room
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: Living Room, Gas
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Tile
Exterior Features
  • Exterior Features: Balcony
  • Roof: Asphalt
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 1 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Garage, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 12
  • Unit Type Baths Total: 8
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $93,000
  • Unit Type Total Rent: $93,000
  • Unit Type Pro Forma: 100800
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 20217 Serrano Road, Unit 4

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 20217 Serrano Road, Unit 4

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

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.

Similar Homes

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20217 Serrano Road, Unit 4 is a multi-family home for sale in Apple Valley, CA 92307. This property was listed for sale on April 19, 2024 by Mustafa Sultani Broker, it's currently listed at $925,000. This listing's school district is Apple Valley Unified School District. Nearby schools include Phoenix Academy, Granite Hills High School and High Desert Premier Academy. 20217 Serrano Road, Unit 4 is a 12-bed, 32-bath, 4,012 sqft multi-family home built in 1983.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mustafa Sultani Broker, Mustafa Sultani, DRE #01755273

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.