REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Gabriel Chipe, DRE #02056431 • LEOLA Commercial , Inc.

$ 1,375,000

Est. payment | -/mo

0.42 Acres Lot

Save

$ 1,375,000

Est. payment | -/mo

Save

0.42 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26169312

Year Built 1984

Lot Size 0.424 Acres

Source California Regional MLS

Property Description

Have you been thinking of investing in apartments? Leola Commercial, Inc is proud to present 1111 Apple Avenue, a 6-unit multifamily investment opportunity located in Wrightwood, California. Consisting of all (2+1) renovated units with 2-car attached garages. This investment opportunity offers large units suitable for families and working professionals. This well-maintained property features large unit town-home style layouts, patios, and secured covered parking. Several units have been recently renovated, providing investors with strong in-place cash flow along with meaningful value-add potential. The property boast a newer roof installed in 2022 and newer water heaters in most of the units. The property sits on a 18,489 SF lot and offers approximately 6,602 SF of rentable space. Current rents are approximately 23.63% below market, presenting a clear opportunity for rent growth. A savvy investor may further enhance returns by converting the garages to ADU's and add additional parking in the rear of the building. Nestled about 50 minutes southeast of Palmdale, this mountain community is next to Mountain High Ski Resort! The asset benefits from excellent freeway access via State Highway 2 and State Highway 38 (connecting from the north) and is located about 15 miles from Intersta

Location

State CA

County San Bernardino

Area Wrwd - Wrightwood

Interior

Laundry None

Exterior

Parking Features Garage

Garage Spaces 12.0

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 0355113070000

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

GET MORE INFORMATION

California Real Estate

Welcome to RiseRealtyCA.com, your one-stop source for California real estate.

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.

Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.

Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.

1111 Apple Wrightwood, CA 92397