15510 Tonekai, Apple Valley, CA 92307
15510 Tonekai, Apple Valley, CA 92307
15510 Tonekai, Apple Valley, CA 92307
15510 Tonekai, Apple Valley, CA 92307
15510 Tonekai, Apple Valley, CA 92307
15510 Tonekai, Apple Valley, CA 92307
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Travis Breton

Travis Breton

+1(866) 344-7473
Listed by DARREN CORREA, DRE #02066621 • LE INVESTMENT GROUP
$ 960,000
Est. payment | /mo
Save
$ 960,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV26222718

Year Built 1958

Source California Regional MLS

Property Description

Excellent six-unit multifamily investment opportunity located at 15510 Tonekai Road in Apple Valley, CA. Offered at $960,000 ($160,000 per unit), the property features an attractive 6.50% current CAP rate with upside to a 7.23% pro forma CAP rate. Built in 1958, the property consists of a single-story residential building totaling approximately 4,502 rentable square feet on a 0.39-acre lot. The desirable unit mix includes four 2-bedroom/1-bath units and two 1-bedroom/1-bath units, with spacious and functional floor plans. The property generates approximately $102,000 in annual scheduled rental income, with potential to increase to $110,400 at projected market rents. Additional features include onsite parking, stucco construction, and a low-density residential setting. Conveniently located near shopping, dining, healthcare facilities, and major employment centers throughout Apple Valley and the greater Victor Valley. An attractive opportunity to acquire an established income-producing multifamily asset with rental upside and long-term investment potential.

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Interior

Laundry 30

Exterior

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 0441221100000

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

Nearby Locations

Travis Breton

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

+1(866) 344-7473

travisbreton@gmail.com

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

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15510 Tonekai

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