Excellent Investment Opportunity! Rare duplex-style four-unit property thoughtfully designed to operate like four single-family residences. Each unit features 2 bedrooms, 1 bathroom, a private yard, its own HVAC system, and direct access to attached 2-car garage w/laundry hookup, offering tenants privacy and functionality seldom found in multifamily properties. 3 units are currently occupied; 1 vacant renovated unit—ideal for owner occupancy or immediate lease-up at market rent. Renovations include fresh interior paint, new durable vinyl flooring and window blinds; also comes with tile floor and newer HVAC. This property is highly efficient with minimal operating expenses: Tenants pay all utilities, including water and trash, while the owner is ONLY responsible for gardening, keeping ownership costs extremely low. Additional highlights include long-term tenants, upside rent potential, partial roof replacement, and a well-maintained condition throughout. Conveniently located near shopping, schools, and major roads, this is a turnkey investment with strong cash flow and future growth. A rare opportunity to own a high-performing income property that feels like single-family living. Cap rate can be up to 7.50%+!!! HUGE return on investment!
Pending
Listing Provided by: Wetrust Realty
$750,000
20209 Otoe Rd, Apple Valley, CA 92307
8beds
4baths
3,960sqft
Est.:
Quadruplex
Built in 1984
-- sqft lot
$747,400 Zestimate®
$189/sqft
$-- HOA
What's special
- 11 days |
- 28 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: February 23, 2026 at 04:30pm
Listing Provided by:
Min Yang DRE #01344219 minyang168@gmail.com,
Wetrust Realty
Source: CRMLS,MLS#: AR26020969
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Range
- Laundry: In Garage
Features
- All Bedrooms Down
- Flooring: Carpet, Laminate, Tile
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,960
- Total interior livable area: 3,960 sqft
Property
Parking
- Total spaces: 20
- Parking features: Direct Access, Garage, Shared Driveway, Uncovered
- Garage spaces: 8
- Uncovered spaces: 12
Features
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Wood
- Has view: Yes
- View description: None
Lot
- Size: 0.5 Acres
- Features: Item610UnitsAcre
Details
- Parcel number: 0441093030000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Rural
Location
- Region: Apple Valley
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $615,500
- Annual tax amount: $7,445
- Date on market: 1/29/2026
- Cumulative days on market: 12 days
- Listing terms: Cash to Existing Loan,Conventional,Item1031Exchange
- Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water
Estimated market value
$747,400
$710,000 - $785,000
$1,563/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Pending sale | $750,000$189/sqft |
Source:  CRMLS #AR26020969 Report a problem | ||
| 2/7/2026 | Listing removed | $750,000$189/sqft |
Source: CRMLS #AR26020969 Report a problem | ||
| 1/29/2026 | Listed for sale | $750,000+29.3%$189/sqft |
Source: CRMLS #AR26020969 Report a problem | ||
| 11/23/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 9/2/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 10/29/2021 | Sold | $580,000+0.9%$146/sqft |
Source: Public Record Report a problem | ||
| 9/22/2021 | Pending sale | $575,000+121.2%$145/sqft |
Source: CRMLS #CV21206126 Report a problem | ||
| 4/18/2014 | Sold | $260,000-3.7%$66/sqft |
Source: Public Record Report a problem | ||
| 2/4/2014 | Pending sale | $270,000$68/sqft |
Source: CENTURY 21 Fairway Realty #438214 Report a problem | ||
| 1/19/2014 | Listed for sale | $270,000$68/sqft |
Source: CENTURY 21 Fairway Realty AV #438214 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,445 +2.9% | $615,500 +2% |
| 2024 | $7,236 +0.9% | $603,432 +2% |
| 2023 | $7,169 +82.7% | $591,600 +97% |
| 2022 | $3,923 +2.3% | $300,341 +2% |
| 2021 | $3,835 +1.3% | $294,452 +1% |
| 2020 | $3,786 +1.9% | $291,433 +2% |
| 2019 | $3,716 +2.5% | $285,719 +2% |
| 2018 | $3,626 +1.4% | $280,116 +2% |
| 2017 | $3,575 | $274,624 +2% |
| 2016 | $3,575 +8.9% | $269,239 +8.7% |
| 2015 | $3,283 +1.5% | $247,646 +2% |
| 2014 | $3,233 | $242,795 +14.5% |
| 2013 | -- | $212,100 +11% |
| 2012 | -- | $191,100 |
| 2011 | -- | $191,100 |
| 2010 | -- | $191,100 -16.9% |
| 2009 | -- | $230,080 +2% |
| 2008 | -- | $225,568 +2% |
| 2007 | -- | $221,145 +2% |
| 2006 | -- | $216,809 +2% |
| 2005 | -- | $212,557 +2% |
| 2004 | -- | $208,390 +39.8% |
| 2003 | -- | $149,100 +20% |
| 2002 | -- | $124,200 +43.5% |
| 2001 | -- | $86,573 |
| 2000 | -- | $86,573 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,266/mo
Principal & interest
$3560
Property taxes
$706
Climate risks
Neighborhood: 92307
Nearby schools
GreatSchools rating
- 1/10Phoenix AcademyGrades: K-8Distance: 1 mi
- 4/10Granite Hills High SchoolGrades: 9-12Distance: 4 mi
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