USACAApple Valley15510 Tonekai
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$960,000

For Sale

12 hours ago

15510 Tonekai, Apple Valley, CA

Condo

MLS® IV26222718

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1958
MLS® Number IV26222718

Property Address: 15510 Tonekai, Apple Valley, CA, 92307

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberIV26222718
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1958
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 13, 2026List Date
$960,000List Price
  • Commute

Commute

Starting Address
Destination Address
15510 Tonekai, Apple Valley, CA

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