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.
For sale
Listing Provided by: The Dara Group Inc.
Price cut: $100K (2/21)
$1,149,999
15975 Serrano Rd, Apple Valley, CA 92307
10beds
10baths
4,940sqft
Est.:
Mixed Use
Built in 1983
-- sqft lot
$1,130,500 Zestimate®
$233/sqft
$-- HOA
What's special
Additional on-site parkingWasher and dryer hookups
- 15 days |
- 358 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: February 21, 2026 at 08:52am
Listing Provided by:
Richard Valderrama Calle DRE #02148207 3109279680,
The Dara Group Inc.
Source: CRMLS,MLS#: PW26033991
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,940
- Total interior livable area: 4,940 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1st Level
- Pool features: None
- Spa features: None
Lot
- Size: 0.46 Acres
- Features: Item01UnitAcre
Details
- Parcel number: 0441101300000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Apple Valley
Financial & listing details
- Price per square foot: $233/sqft
- Date on market: 2/14/2026
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional,Item1031Exchange
- Total actual rent: 8850
- Tenant pays: Electricity, Gas
Estimated market value
$1,130,500
$1.07M - $1.19M
$1,909/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Price change | $1,149,999-8%$233/sqft |
Source: | ||
| 2/18/2026 | Price change | $1,249,999+8.7%$253/sqft |
Source: | ||
| 2/14/2026 | Listed for sale | $1,149,999+109.5%$233/sqft |
Source: | ||
| 6/23/2020 | Sold | $549,000$111/sqft |
Source: | ||
| 1/16/2020 | Pending sale | $549,000$111/sqft |
Source: GEORGETOWN INVESTMENT #WS19246850 Report a problem | ||
| 10/19/2019 | Listed for sale | $549,000$111/sqft |
Source: GEORGETOWN INVESTMENT #WS19246850 Report a problem | ||
| 4/9/2019 | Listing removed | $950 |
Source: WS Realty, Inc. / Optimum Property Management Report a problem | ||
| 3/12/2019 | Listed for rent | $950+18.8% |
Source: WS Realty, Inc. / Optimum Property Management Report a problem | ||
| 3/9/2019 | Listing removed | $549,000$111/sqft |
Source: GEORGETOWN INVESTMENT #WS18280891 Report a problem | ||
| 11/28/2018 | Listed for sale | $549,000+62%$111/sqft |
Source: GEORGETOWN INVESTMENT #WS18280891 Report a problem | ||
| 8/17/2018 | Listing removed | $800 |
Source: WS Realty, Inc. Report a problem | ||
| 7/23/2018 | Listed for rent | $800 |
Source: WS Realty, Inc. Report a problem | ||
| 8/18/2017 | Listing removed | $800 |
Source: Optimum Property Management/WS Realty,Inc Report a problem | ||
| 7/27/2017 | Listed for rent | $800+6.7% |
Source: Optimum Property Management/WS Realty,Inc Report a problem | ||
| 6/1/2017 | Listing removed | $750 |
Source: Optimum Property Management/WS Realty,Inc Report a problem | ||
| 5/25/2017 | Listed for rent | $750+7.1% |
Source: Optimum Property Management/WS Realty,Inc Report a problem | ||
| 1/8/2016 | Listing removed | $700 |
Source: Optimum Property Management/WS Realty,Inc Report a problem | ||
| 12/27/2015 | Listed for rent | $700+7.7% |
Source: Optimum Property Management/WS Realty,Inc Report a problem | ||
| 8/3/2015 | Listing removed | $650 |
Source: Zillow Rental Network Report a problem | ||
| 7/9/2015 | Listed for rent | $650 |
Source: Zillow Rental Network Report a problem | ||
| 4/13/2015 | Listing removed | $338,800$69/sqft |
Source: GoGo Realtors R.H. Corp #CV15008381 Report a problem | ||
| 1/14/2015 | Listed for sale | $338,800$69/sqft |
Source: GoGo Realtors R.H. Corp #CV15008381 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,707/mo
Principal & interest
$5624
Property taxes
$1083
Climate risks
Neighborhood: 92307
Nearby schools
GreatSchools rating
- 1/10Phoenix AcademyGrades: K-8Distance: 0.8 mi
- 4/10Granite Hills High SchoolGrades: 9-12Distance: 3.8 mi






