10811 Kiowa Road,  Apple Valley CA, 92308 (Residential Income)

4,240 sqft
Status: Sold
MLS#: IV14119475
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Last Updated: 12/10/2016 12:47 PM
Description for 10811 Kiowa Road Apple Valley, CA 92308
REDUCED!! 8-Plex in Apple Valley with only one current vacancy. Very nice, semi private, and nearly completely renovated. Some units have connecting interior doors to open up for different living configurations. Two units are currently combined 1 bed/1 bath with a studio/1 bath to make a very large 1 bed 2 bath unit with 2 living areas, fireplace, full kitchen AND a kitchenette- which is ideal for extended family with separate entrances. First floor units have private yards. Each unit gets one enclosed parking space in garages with extra parking in front as well. Seller had new management make all repairs from deferred maintenance, replaced stair steps, refurbished units, landscape has been cleaned up, and they have brought up rents dramatically since Sept 2013. They have done all the hard work and now this property is ready for an investor. This is a MUST SEE! Impressive property. (individual unit measurements are all appx & not verified) Currently configured to 6 units as two are being rented as combined units. This is the lowest acceptable purchase price. Seller will not make any concessions nor contributions. Property to be sold as-is in its present condition.
Price
Sold Price:
$339,500
Sold Date:02/19/2015
San Bernardino
4,240 (approx)
IV14119475
Closed
Description
REDUCED!! 8-Plex in Apple Valley with only one current vacancy. Very nice, semi private, and nearly completely renovated. Some units have connecting interior doors to open up for different living configurations. Two units are currently combined 1 bed/1 bath with a studio/1 bath to make a very large 1 bed 2 bath unit with 2 living areas, fireplace, full kitchen AND a kitchenette- which is ideal for extended family with separate entrances. First floor units have private yards. Each unit gets one enclosed parking space in garages with extra parking in front as well. Seller had new management make all repairs from deferred maintenance, replaced stair steps, refurbished units, landscape has been cleaned up, and they have brought up rents dramatically since Sept 2013. They have done all the hard work and now this property is ready for an investor. This is a MUST SEE! Impressive property. (individual unit measurements are all appx & not verified) Currently configured to 6 units as two are being rented as combined units. This is the lowest acceptable purchase price. Seller will not make any concessions nor contributions. Property to be sold as-is in its present condition.
Listing Information
Property Type: Cluster, 2 Story
0.41 Acres 4,240 (approx)
1986 Yes- 8 spaces
2
Public Water Service
Holding Tank
8 Total
Neighborhood
Room Information
Common
Interior Features
Dishwasher, Gas Range/Cooktop
Carpet Wall to Wall, Vinyl
Evaporative, Ceiling Fan(s)
Wall Unit
Living Room, Gas Starter
Exterior / Lot Features
8 Garage Spaces, 8 Parking Spaces, Assigned Parking Space, Unassigned, 2 Car Garage
Composition
None
No Pool
Storage Area, Suburban
Driving Directions
I15 exit Bear Valley Rd E, to Kiowa S, to property at corner of Verde
Financial Considerations
0434214010000
$3,267
$38,805 Income ,$14,210Expense
Listing Price History

Apple Valley Real Estate

Apple Valley is located in California. Apple Valley, California 92308 has a population of 69,155.

The median household income in Apple Valley, California 92308 is $48,491. The median household income for the surrounding county is $54,750 compared to the national median of $53,046. The median age of people living in Apple Valley 92308 is 36.3 years.

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Courtesy: JENNA MC CORMICK, BROKER JENNA MCCORMICK
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Information is deemed reliable but is not guaranteed.

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