$799,000
20285 Serrano, Apple Valley CA 92307
Multi-Family (4 Units)
Property type
2 days
On market
$222
Price per sqft
4 cars
Garage
1984
Year built
21,771 sqft
Lot size
Open Houses
Overview
20285 Serrano, Apple Valley — **4-Unit Investor Opportunity | Updated 2BD/2BA Units + Private Garages** Don’t miss this **great 4-unit investment opportunity** in Apple Valley with **fair market rents already in place** and recent improvements that make this property truly rent-ready. **All four units are spacious 2-bedroom, 2-bath layouts**, and **each unit includes its...
Listing provided by: Beau Cooper DRE #01759308, The Way Properties
Listing updated: Jun 4, 2026 at 12:33am.
Last checked: Jun 4, 2026 at 01:00am
Source: CRMLS #HD26121327
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | 1 | $1,549 | $1,549 | $0 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,495 | $1,495 | $0 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,495 | $1,495 | $0 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,500 | $1,500 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
11.0x
List Price / Annual Gross Rent
Cap Rate
5.31%
NOI / List Price
Gross Scheduled Income: $72,468
Operating Expense: $30,035
Net Operating Income: $42,433
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $3,000
Water / Sewer: $3,000
Interior
Laundry: In Garage
Entry Location: Street Side
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Unknown
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 0441151160000
Additional Parcels: No
Tax Lot: 51
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Rural
Nearby Schools
Nearby schools around the 20285 Serrano, Apple Valley, CA 92307. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$639,200
Total Interest
$815,264
Total Payment
$1,454,464
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,022
per month
Property History for 20285 Serrano
Apple Valley Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92307.
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