$ 3,300,000
-
$3,300,000
Price -
2
Bed -
2
Bath -
17,360
SqFt
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About the Listing 1177 - C32772
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 and lifestyle amenities. Its prime positioning offers quick access to destinations like St. Mary Medical Center, Desert Mountain Plaza, and Apple Valley Center, all within a short drive. The property’s proximity to Highway 18 allows for direct connection to other major cities within San Bernardino County and is conveniently located on the way to Las Vegas. Furthermore, the community is within a short driving distance of national retailers like Costco in Victorville and a variety of local shops and restaurants. Allegheny Arms Apartments represents a rare multifamily asset in the market, consisting of 16 single-story condo-style units spanning a generous ±60,767 SF lot size with a ±17,360 SF building size. Built in 1987, the property features a uniform unit mix of sixteen 2-bedroom/2-bathroom single-story flats, averaging approximately 1,085 SF per unit. The community features low-maintenance, drought-resistant landscaping complemented by lush, mature greenery and a tranquil outdoor seating area, offering a serene environment designed to reduce overhead while maintaining high tenant retention. The architecture is defined by open-beam ceilings and brick fireplaces, creating a spacious and inviting interior feel. Interior features are equally impressive, boasting detached garages, two large private patios per unit, and in-suite laundry connections. The investment profile is further enhanced by recent infrastructure updates, including a resurfaced parking lot, redone decks and railings, and a completely relandscaped front exterior. Additional in-unit comforts include central air and heating, dishwashers, and breakfast bars. This stable, well-maintained unit base provides immediate income security and remains a highly attractive offering for residents seeking quality, single-story housing in a convenient, well-established location. Whether for a first-time purchaser, a seasoned institutional investor, or a 1031 exchange buyer, Allegheny Arms Apartments offers long-term stability and an exceptional foothold in the thriving San Bernardino County submarket.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
CV26105265
Year Built
1987
Total Square Footage
17,360
Lot/Acreage
0.68
County
San Bernardino
Area
APPV - Apple Valley
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 16-20 Units/Acre,No Land Lease
- Garage Capacity: 16 car
- Parking Spaces: 36
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0473037270000
- Tax Year: N/A
Payment Calculator
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Questions About..
19087 Allegheny Apple Valley, CA 92307
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