Listing Courtesy of: CRMLS / Listed By: Tony Burton, Burton Commercial, Inc. - Contact: 951-375-7433
20365 Broken Bow Apple Valley, CA 92307
Active
$699,000 (USD)
3,667
SQFT
Description
MLS #:
SW26129662
SW26129662
Lot Size
0.4 acres
0.4 acres
Type
Multifamily
Multifamily
Year Built
1950
1950
County
San Bernardino County
San Bernardino County
Listed By
Tony Burton, Burton Commercial, Inc., Contact: 951-375-7433
Source
CRMLS
Last checked Jun 15 2026 at 12:56 AM GMT+0000
CRMLS
Last checked Jun 15 2026 at 12:56 AM GMT+0000
Bathroom Details
Interior Features
- Laundry: Inside
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Additional Information: Burton Commercial, Inc. | 951-375-7433
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {6/14/26 17:56} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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This complex is located in an ideal location. Not only is the neighborhood great but it's also located just a few hundred feet away form the Apple Valley Commons Shopping Center. This center consists of Walmart, Target, and Albertsons. Thus, tenants can easily walk to get whatever they need.
Also, for tenants children, these units are located within walking distance to elementary, middle, and high schools.
The local public bus service is located just down the block!!
These units consist of: Two 2 bedrooms 1 baths, Two 1 bedrooms 1 baths, and, One studio.
All units have their own gas & electric meters that the tenants sign up & pay for. All units have private yards/patios.
Kitchens & appliances have been upgraded. Ceiling fans and tile floors throughout.
Cash flow is excellent. At actual rents, it's putting out $5,885 monthly gross rent, and $70,620 annual gross rent. Equating to a rarely seen 9.90 Gross Rent Multiplier. Net Operating Income equates to $55,203 annually which gives us an outstanding 7.90% Cap Rate at actuals rents!!
Rents are below market but are month to month. While this offering performs better on actual rents than any other multifamily in the Upper Desert, the returns go off the charts at market rents. At market rents, based on nearby rent comps, this complex can put out $7,800 monthly and $93,600 annually!! TO VIEW THIS INFORMATION, INCLUDING RENT COMPS PLUS ACUTAL & MARKET RENT ROLL, PLEASE SEE SUPPLEMENTS ATTACHED AT THE TOP OF THIS MLS LISTING!!!
THIS IS THE BEST PERFORMING MULTIFAMILY IN THE UPPER DESERT!!!