$10,000 Closing Credit¹
#OC25022791, Dimitre Petrov, Listing Office: CRI
#CV24208870·
Listing Office: KW COMMERCIAL·
Listing Agent: John Stephens·
Listing Office Phone: 909-509-5916
21905 Powhatan Rd Apple Valley, CA 92308
$2,600,000 List price
4.8 acres
Condo
Property details
About 21905 Powhatan Rd
Presenting a unique chance to acquire a multifamily property at 21905 Powhatan Rd, Apple Valley, CA, featuring 13 existing units with significant expansion potential. This strategically located property boasts additional land zoned under the recently approved Village Specific Plan, allowing for the development of up to 92 units, while retaining its grandfathered multifamily zoning status. Key Features: - Current Units: 13 well-maintained multifamily units, providing immediate rental income. - Development Potential: Additional land available for the construction of up to 92 units, offering a lucrative opportunity for expansion. - Zoning Advantages: Recently transitioned to the Village Specific Plan, yet the property benefits from grandfathered multifamily zoning, ensuring a seamless development process. - Infrastructure Ready: City water and sewer lines are already plumbed to the property, simplifying the construction of new units and reducing upfront development costs. - Prime Location: Situated in the growing community of Apple Valley, this property is conveniently located next to a park and community center, near shopping, schools, and recreational facilities, making it attractive to prospective tenants. This property represents an exceptional investment opportunity in a thriving market. Whether you're looking to expand your real estate portfolio or embark on a new development project, 21905 Powhatan Rd offers the perfect blend of immediate income and long-term growth potential.
Highlights
Home typeCondominium
StatusActive
Lot size4.757 Acres
Year built1972
MLS #CV24208870
Summary
- MLS Number: CV24208870
- MLS Name: CRMLS
- Office Name: KW COMMERCIAL
- Office Phone: (909) 509-5916
- Listing Agent: John Stephens
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: 2/13/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,600,000
21905 Powhatan Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $316,151 | $5,404 |
| 2023 | $309,952 | $5,404 |
| 2022 | $303,875 | $5,315 |
| 2021 | $297,917 | $5,199 |
| 2020 | $294,862 | $5,030 |
| 2019 | $289,081 | $4,914 |
| 2018 | $283,412 | $4,837 |
| 2017 | $277,855 | $4,004 |
History based on county public records data.
Nearby schools
5
Yucca Loma Elementary School
Public District KG-6
0.7 mi
•21351 Yucca Loma Rd
2
Rancho Verde Elementary school
Public District KG-6
1.2 mi
•14334 Pioneer Rd
4
Rio Vista School of Applied Learning
Public District KG-6
3.8 mi
•13590 Havasu Rd
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 $20,650. Residents of Apple Valley, CA typically earn less than $<35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
71%
<35k
18%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
44%
Single, No Kids
27%
Single, with Kids
14%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
UFC
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Burger King
Golden Corral
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Urban Adult Contemporary- Urban Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Apple Valley, CA
About 21905 Powhatan Rd
This home is located at 21905 Powhatan Rd in Apple Valley, CA and zip code 92308. Features: 0 bathroom. It has been listed on Rocket Homes since October 8, 2024 and is currently priced at $2,600,000.
In January 2025 more than 15 listings in Apple Valley, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 38 were sold below. The inventory of homes for sale in Apple Valley, CA between December and January 2025 increased by 1%. In January 2025 median list price was $430,000 and the average listing age was 61 days.
From Rocket Homes Real Estate and based on county public records data.