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16228 Wato Rd, Apple Valley, CA 92307

  • $999,000

  • bed

  • bath

Multi-family for sale 61 days
Movoto is helping 87 homebuyers near you

About 16228 Wato Rd

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 0.41 Acre
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Rare Opportunity to Own a Fully Rented 4-Unit Property Situated on Approximately Half an Acre in an Ideal Location. Properties like this do not come up often, making this a standout investment opportunity in today’s market. All Units Are Currently Rented, offering strong income potential. Each Unit Features a Functional Layout along with Single-Car Garage Parking, providing added convenience and appeal for tenants. Each unit is approximately 952 square feet and offers 2 bedrooms and 2 bathrooms. The expansive lot sets this property apart from others in the area, offering additional space and long-term potential. This Well-Maintained Property has seen Recent Upgrades, including Exterior Paint completed approximately 2 years ago, Updated Stairs, and Units that have been improved and are in Good Condition throughout. All Units Feature Their Own Laundry, adding everyday convenience, while the Two Upstairs Units offer Fireplaces for added comfort and appeal. Comparable multi-unit properties in the area continue to be in high demand, making this the type of asset investors are actively seeking. Conveniently located near Shopping, Schools, and major commuter routes, this property offers excellent accessibility and rental appeal. A Strong Opportunity to acquire a Well-Kept, Income-Producing 4-Plex in a desirable and growing market.
Listed by
Listing Agent - Joanna Nassar
Listing Agent Contact: Joannasales365@gmail.com
Listing Office - Coldwell Banker Envision
Source: CRMLS mls logo
MLS#HD26073633 • last updated 2 months ago
Movoto checked CRMLS for data 5 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.4132
Lot Size (SqFt) 18000
Year Built 1984
Interior
Laundry Inside
Exterior
Building Area Square Feet, 3808
Roof Composition
# Uncovered Spaces 4
# Parking Spaces 8
# Garage Spaces 4
Lot Description Paved, Value In Land
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Bernardino
Community Features Urban
Directions From I 15 N Exit D St. / HWY 18, Turn Right, Continue Over The Hill To Apple Valley Rd, Turn Left. Turn Left Onto Muni Rd, Turn Right Onto Wato Rd. PIQ Is On The Left Side
APN 473343090000
Multifamily Details
Expense: Trash 3276
Operating Expense 17036
Cap Rate 5.37
Expense: Insurance 4000
Total Expenses 17036
Expense: Water/ Sewer 6960
Gross Income 74400
Gross Scheduled Income 74400
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5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Desert Knolls Manor

Explore everything this neighborhood has to offer. Learn more about Desert Knolls Manor.
35/100
Walk
92/100
Family
46/100
Dining
78/100
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  • Real Estate
  • CA
  • San Bernardino County
  • Apple Valley
  • 92307
  • Desert Knolls Manor
  • 16228 Wato Rd

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