$3,300,000
19087 Allegheny, Apple Valley CA 92307
Multi-Family (16 Units)
Property type
22 days
On market
$190
Price per sqft
16 cars
Garage
1987
Year built
29,698 sqft
Lot size
Home highlights
Open Houses
Overview
We are pleased to present the exclusive investment opportunity for Allegheny Arms Apartments, a 16-unit multifamily community located in the high-growth market of Apple Valley. Located at 19087 Allegheny Road, Apple Valley, CA, this well-located asset sits just a block off Highway 18, providing tenants with a premium location and unparalleled convenience to essential retail...
Listing provided by: Eric Chen 909-418-2071, CB RICHARD ELLIS
Listing updated: May 14, 2026 at 11:11pm.
Last checked: Jun 4, 2026 at 04:00am
Source: CRMLS #CV26105265
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 2 | 2 | 1 | $1,508 | $289,533 | $1,900 | Unfurnished |
# of Buildings: 6
# of Units Total: 16
Separate Electric Meters: 16
Separate Gas Meters: 16
Separate Water Meters: 1
Rent Control: No
Units Leased: 16
Total Actual Rent: $289,533
Financial Snapshot
Gross Rent Multiplier
11.3x
List Price / Annual Gross Rent
Cap Rate
5.58%
NOI / List Price
Gross Scheduled Income: $292,085
Vacancy Allowance: $14,604
Operating Expense: $93,388
Net Operating Income: $184,092
Annual Operating Expenses
Electric: $1,742
Gardener: $8,600
Fuel: $225
Insurance: $8,395
Maintenance: $12,000
New Taxes: $36,907
Pest Control: $1,295
Professional Management: $6,000
Trash: $12,600
Water / Sewer: $2,424
Other Expense: $3,200
Interior
Cooling: Central Air
Heating: Central
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: One, Two
Common Walls: Two Common Walls Or More
Lot Features: Sixteen To Twenty Units Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 16
Uncovered Spaces: 20
Parking Total: 36
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0473037270000
Additional Parcels: Yes
Tax Lot: 389
Tax Block: 2
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Mountainous
Nearby Schools
Nearby schools around the 19087 Allegheny, Apple Valley, CA 92307. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,640,000
Total Interest
$3,367,174
Total Payment
$6,007,174
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,274
per month
Property History for 19087 Allegheny
Apple Valley Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92307.
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