Fully stabilized 5-unit multifamily investment offering strong in-place income with quality tenants already paying market rents. This well-maintained property features five spacious 2-bedroom, 2-bathroom units, each with a detached 1-car garage, washer and dryer hookups, central A/C and heating, updated paint and tile flooring (remodeled approximately 2–3 years ago), and additional on-site parking. Four of the five units include private patio/yard space, enhancing tenant appeal and retention. Situated on an expansive 20,000 sq ft lot, the property presents future expansion or value-add potential, including possible garage conversion (buyer to verify). A rare opportunity to acquire a clean, income-producing 5-unit asset with minimal deferred maintenance, ideal for both experienced investors and first-time multifamily buyers seeking stable cash flow and long-term growth. The same owner is also selling 13341 Navajo Rd, Apple Valley, CA 92308, presenting the unique opportunity to acquire multiple income-producing properties simultaneously.
AGENT: Richard Valderrama Calle LISTING BROKERAGE: The Dara Group Inc.
Courtesy of The Dara Group Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 15975 Serrano
Apple Valley, CA
Property Details
Price:
$1,149,999
MLS #:
PW26033991
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
appvapplevalley
Listed Date:
Feb 14, 2026
Total Sq Ft:
4,940
Lot Size:
20,000 sqft / 0.46 acres (approx)
Year Built:
1983
Appv – Apple ValleyAppvapplevalley
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Schools
Interior
Cooling
CA
Heating
CF
Laundry Features
GE
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW, SL
Garage Spaces
5
Parking Spots
5
Parking Total
5
Spa Features
NO
Financial
Net Operating Income
$99,330
Map
Community
- Address15975 Serrano Apple Valley CA
- CityApple Valley
- CountySan Bernardino
- Zip Code92307
