15510 Tonekai, Apple Valley, CA 92307

Apple Valley
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
15510 Tonekai,Apple Valley, CA 92307
$960,000
  • - Beds
  • - Baths
  • 4,502 sq. ft.
  • Multi-family
  • Active
Listed by: darren correa
Office: le investment group909-256-7889
MLS#:IV26222718
Source:CRMLS

Price summary

  • Price:$960,000
  • Price per sq. ft.:$213.24

About this home

Excellent six-unit multifamily investment opportunity located at 15510 Tonekai Road in Apple Valley, CA. Offered at $960,000 ($160,000 per unit), the property features an attractive 6.50% current CAP rate with upside to a 7.23% pro forma CAP rate. Built in 1958, the property consists of a single-story residential building totaling approximately 4,502 rentable square feet on a 0.39-acre lot. The desirable unit mix includes four 2-bedroom/1-bath units and two 1-bedroom/1-bath units, with spacious and functional floor plans. The property generates approximately $102,000 in annual scheduled rental income, with potential to increase to $110,400 at projected market rents. Additional features include onsite parking, stucco construction, and a low-density residential setting. Conveniently located near shopping, dining, healthcare facilities, and major employment centers throughout Apple Valley and the greater Victor Valley. An attractive opportunity to acquire an established income-producing...

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Home facts

  • Year built:1958
  • Listing ID #:IV26222718
  • Added:1 day(s) ago
  • Updated:October 14, 2026 at 04:28 AM

Rooms and interior

  • Living area:4,502 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:4,502 sq. ft.
  • Lot area:0.39 Acres
  • Lot Features:Back Yard, Yard
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$960,000
  • Price per sq. ft.:$213.24
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