0.68 Acres Lot
0.68 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26105265
HOA Y/N No
Year Built 1987
Lot Size 0.682 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County San Bernardino
Area Appv - Apple Valley
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Mountainous
Total Parking Spaces 36
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 0473037270000
Energy Description 225.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
