$4,995,000
19968 Bear Valley Road, Apple Valley CA 92308
Multi-Family (3 Units)
Property type
235 days
On market
$1,041
Price per sqft
0 cars
Garage
1950
Year built
2,470,723 sqft
Lot size
Open Houses
Overview
Price Improvement!!!!! Location, Location, Location. Opportunity for Commercial Development. This property is zoned general commercial. Approximately 56.72 acres with over 1/2 mile frontage on Bear Valley Road along with sewer. This property has a well and comes with 13 acre ft of water rights. Close to new development. Three income producing rentals on property, House 1 - 2...
Listing provided by: Kari Leon DRE #01175100, Coldwell Banker Home Source
Listing updated: Oct 14, 2025 at 01:24pm.
Last checked: Jun 5, 2026 at 05:00am
Source: CRMLS #HD25238869
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 8 | 0 | — | $2,800 | $2,800 | $33,600 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 3
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
148.7x
List Price / Annual Gross Rent
Cap Rate
0.54%
NOI / List Price
Gross Scheduled Income: $33,600
Operating Expense: $6,700
Net Operating Income: $26,900
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $1,500
Trash: $0
Water / Sewer: $0
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Sixteen To Twenty Units Acre, Desert Back, Desert Front, Paved, Rectangular Lot, Street Level
Pool: None
Fencing: None
Water Source: Private
Sewer: Septic Tank
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
View: Desert, Mountains
Road Surface Type: Paved
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 3087171080000
Additional Parcels: No
Tax Lot: 3
Zoning: Regional Commercial
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Golf, Hiking, Horse Trails, Mountainous, Park
Nearby Schools
Nearby schools around the 19968 Bear Valley Road, Apple Valley, CA 92308. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,996,000
Total Interest
$5,096,678
Total Payment
$9,092,678
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$30,611
per month
Property History for 19968 Bear Valley Road
Apple Valley Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92308.
Similar Homes
Listings with similar prices to 19968 Bear Valley Road