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16462 Kalo Rd 6 Unit Apartment Building $1,500,000 ($250,000/Unit) Apple Valley, CA 92307
EXECUTIVE SUMMARY
Town House style 6 Unit apartment with 2 car garages for each unit in quiet neighborhood right near the proposed train station.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$108,000
|
$12.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,000
|
$12.40
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $12.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $12.40 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $250,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.54 AC |
| Gross Rent Multiplier | 13.89 | Building Size | 8,712 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 2.33/1,000 SF |
| Zoning | RM, Apple Valley | ||
| Price | $1,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Gross Rent Multiplier | 13.89 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 8,712 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.33/1,000 SF |
| Zoning | RM, Apple Valley |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Fireplace
- High Speed Internet Access
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Smoke Free
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0473-272-05 | Improvements Assessment | $680,354 (2025) |
| Land Assessment | $67,424 (2025) | Total Assessment | $747,778 (2025) |
PROPERTY TAXES
Parcel Number
0473-272-05
Land Assessment
$67,424 (2025)
Improvements Assessment
$680,354 (2025)
Total Assessment
$747,778 (2025)
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Presented by
Joshua Cho Real Estate
16462 Kalo Rd
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