19287 US Highway 18 Apple Valley, CA 92307
Property details
About 19287 US Highway 18
Highlights: Attractive in-place 6.29% CAP rate and 10.67 GRM, plus upside to a 7.25% ProForma CAP rate and 8.84 GRM / Attractive 6.00% interest rate with 60.20% LTV — strong leverage with conservative risk. / All large 2-bed layouts in single-story construction — ideal for tenant retention, rental demand, and low operating costs. / Large 0.61 acres lot. Onsite laundry and private garages for each unit — added income, value, and tenant convenience. / Easy to manage – current owner is remote, offering efficiency potential for local management. Please do not disturb the tenants — DRIVE BY ONLY. See the attached for more details. Le Investment Group is pleased to present this 8-unit multifamily opportunity on Highway 18 in Apple Valley. All units feature spacious 2-bed/1-bath layouts. The property offers a strong in-place CAP rate of 6.29%, with a ProForma CAP rate of 7.25%, showcasing both solid performance and upside potential. Priced below comps at just $175K per unit. Attractive financing available: 6.00% interest rate with 60.20% LTV.
Highlights
Summary
- Appliances: Gas Cooktop, Disposal, Gas Oven
- Flooring Type: Vinyl
- Fireplace: Living Room
- Garage Space: 8 spaces
- Private Pool: No
- Parking: Driveway, Garage Faces Front
- Heating: Central, Fireplace(s)
- Cooling: Central Air
- List Price: $1,400,000
- Annual Tax Amount: $10,111
- Tax Year: 2024
- Lot: Back Yard, Desert Front
- Directions: Located on outter Highway 18, frontage.
- Year Built: 1979
- Stories: 1
- Lot Size: 0.6101 Acres
- MLS Number: IV25120270
- MLS Name: CRMLS
- Office Name: LE INVESTMENT GROUP
- Office Phone: (909) 256-7889
- Listing Agent: ALBERT LE
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
19287 US Highway 18
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2018 | Home Sold | $753,000 |
| Dec 03, 2013 | Home Sold | $405,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $823,393 | $10,111 |
| 2023 | $807,248 | $10,111 |
| 2022 | $791,420 | $9,955 |
| 2021 | $775,902 | $9,730 |
| 2020 | $767,946 | $9,430 |
| 2019 | $752,888 | $5,854 |
| 2018 | $436,336 | $5,770 |
| 2017 | $427,780 | $5,209 |
History based on county public records data.
Nearby schools
4
Desert Knolls Elementary School
Public District KG-6
1.5 mi
•18213 Symeron Rd
4
Rio Vista School of Applied Learning
Public District KG-6
2.6 mi
•13590 Havasu Rd
10
Sixth Street Preparatory
Public Charter KG-6
3.1 mi
•15476 6th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,944. Typical income of Apple Valley, CA residents is between $100k-200k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Buick
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
Frequently asked questions
Living in Apple Valley, CA
Transportation in Apple Valley includes a range of options for residents. Public transit services are available, with bus routes connecting key areas of the town and facilitating access to neighboring cities. The town's layout and infrastructure support private vehicle use, with a network of roads and highways that make commuting and travel convenient. While ride-sharing services are present, the town also encourages walkability in its more densely populated areas, with efforts to improve pedestrian pathways and bike lanes for a more sustainable and accessible community.
The community is served by a network of public services that cater to the needs of its residents. Educational opportunities are ample, with several public schools providing foundational learning and growth. Healthcare is accessible through local clinics and a regional hospital that offers emergency services, primary care, and specialized treatments. The town also features a public library system that supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent businesses and familiar chains.
Apple Valley prides itself on a serene desert community ambiance, with a backdrop of picturesque mountains and clear skies. The town is celebrated for its outdoor recreational opportunities, including the annual Apple Valley Airshow and the Sunset Concert Series, events that embody the town's community spirit and love for entertainment. Residents enjoy a blend of suburban tranquility and access to natural landscapes, making it a unique place to call home.
Apple Valley's housing market is characterized by a predominance of single-family homes, which make up a significant portion of the residential landscape. These homes exhibit a range of architectural styles, from ranch-style to contemporary, reflecting the town's development over the years. The area also offers a selection of apartments and townhouses, providing options for various housing needs. The homeownership rate in Apple Valley is robust, with a majority of residents owning their homes, while a smaller percentage of the population opts for renting.
About 19287 US Highway 18
The listing price of 19287 US Highway 18 property is $1,400,000.
The property 19287 US Highway 18 is a condo located in Apple Valley, California, 92307.
Active Listing: 19287 US Highway 18 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 19287 US Highway 18 are: Desert Knolls Elementary School (GreatSchools Rating 4/10), Rio Vista School of Applied Learning (GreatSchools Rating 4/10), Sixth Street Preparatory (GreatSchools Rating 10/10), Phoenix Academy (GreatSchools Rating 2/10), Sitting Bull Academy (GreatSchools Rating 5/10), Lakeview Leadership Academy (GreatSchools Rating 4/10), Victor Valley High School (GreatSchools Rating 3/10), Victor Valley Virtual Academy (GreatSchools Rating 6/10), Goodwill Independent Study (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $10,111 (source: MLS/based on county public records data).
The last sale was on August 24, 2018 for $753,000 (source: MLS/tax record).
The property at 19287 US Highway 18 has 0 bathroom.
The year of construction for 19287 US Highway 18 is 1979.
This home is located at 19287 US Highway 18 in Apple Valley, CA and zip code 92307. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $1,400,000.
In May 2025, from all listings sold in Apple Valley, CA there were more than 28 sold above asking price, over 16 sold below and more than 24 were sold right at the asked price. Between April and May 2025, Apple Valley, CA real estate market has seen increase in the number of listings by 8.7%. While the average time on the market in May 2025 was 42 days, the median list price was $439,000.