1111 Apple Ave | Image 1
New

$1,375,000

For Sale

3 days ago

1111 Apple Ave, Wrightwood, CA

Condo

MLS® SR26169312

0 Bed

0 Bath

--

12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 3
Approx. Age 1984
MLS® Number SR26169312

Property Address: 1111 Apple Ave, Wrightwood, CA, 92397

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

Description

Have you been thinking of investing in apartments? Leola Commercial, Inc is proud to present 1111 Apple Avenue, a 6-unit multifamily investment opportunity located in Wrightwood, California. Consisting of all (2+1) renovated units with 2-car attached garages. This investment opportunity offers large units suitable for families and working professionals. This well-maintained property features large unit town-home style layouts, patios, and secured covered parking. Several units have been recently renovated, providing investors with strong in-place cash flow along with meaningful value-add potential. The property boast a newer roof installed in 2022 and newer water heaters in most of the units. The property sits on a 18, 489 SF lot and offers approximately 6, 602 SF of rentable space. Current rents are approximately 23.63% below market, presenting a clear opportunity for rent growth. A savvy investor may further enhance returns by converting the garages to ADU’s and add additional parking in the rear of the building. Nestled about 50 minutes southeast of Palmdale, this mountain community is next to Mountain High Ski Resort! The asset benefits from excellent freeway access via State Highway 2 and State Highway 38 (connecting from the north) and is located about 15 miles from Interstate 15, enhancing tenant demand and long-term investment stability. Highlights: Rare opportunity to acquire a stabilized 6-unit multifamily asset, Strong in-place cash flow, Approximately 23.63% rental upside, 6 of 6 units renovated with new flooring and fresh paint, 2 car attached garages with direct access to the apartment, Significant rental upside and value-add opportunity, Pride-of-ownership property.
MLS® NumberSR26169312
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1984
Stories2
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

Aug 3, 2026List Date
$1,375,000List Price
  • Commute

Commute

Starting Address
Destination Address
1111 Apple Ave, Wrightwood, CA

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