20316 Rimrock Rd, Apple Valley, California 92307, Apple Valley, - bed, bath
ACTIVE$699,888
20316 Rimrock Rd, Apple Valley, California 92307
0Bed
0Bath
3,264Sqft
18,150Lot
Year Built
1979
Close
-
List price
$700K
Original List price
$739K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV24233954
Home ConditionFair
Features
View-
About this home
Very nice large size 4 units property, each unit with 2 beds and 1 bath, seperate 4 garages, 3,264 sf living area and 18,150 lot size.
Nearby schools
5/10
Sycamore Rocks Elementary School
Public,•K-6•4.2mi
1/10
Phoenix Academy
Public,•K-8•0.6mi
3/10
Granite Hills High School
Public,•9-12•3.8mi
Price History
Date
Event
Price
08/12/25
Price Change
$699,888-3.5%
08/08/25
Price Change
$725,000
11/14/24
Listing
$739,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,264 | 3,584 | 14% |
| Lot Size | 18,150 | 18,150 | 50% |
| Price | $700K | $804K | 29% |
| Price per square foot | $214 | $219 | 43% |
| Built year | 1979 | 1985 | 14% |
| HOA | |||
| Days on market | 356 | 200 | 71% |
Condition Rating
Fair
Built in 1979, this 45-year-old property shows significant signs of age with no apparent major renovations. The kitchens and bathrooms feature highly outdated cabinets, laminate countertops, and older white appliances, consistent with original or very old fixtures. Flooring is a mix of old carpet and linoleum. While the property appears functional, it requires substantial cosmetic and functional updates to meet modern standards, aligning with the 'Fair' condition criteria for an aged but maintained property with outdated components.
Pros & Cons
Pros
Income-Generating Asset: As a quadruplex, this property is designed for investment, offering immediate potential for substantial rental income from four separate units.
Desirable Unit Mix: Each of the four units features 2 bedrooms and 1 bathroom, a highly sought-after configuration that appeals to a broad tenant base, ensuring consistent occupancy.
Individual Garages: The presence of four separate garages provides valuable amenities for tenants, such as secure parking and additional storage, and offers potential for increased rental income.
Generous Lot Size: The expansive 18,150 sqft lot offers ample outdoor space for tenants, potential for future amenities, or even future development opportunities, subject to local zoning.
Recent Price Reduction: A significant price reduction from the original list price of $739,000 to $699,888 enhances the property's value proposition and presents a more attractive acquisition opportunity for investors.
Cons
Property Age and Condition: Built in 1979, the property is 45 years old, suggesting that major systems (plumbing, electrical, HVAC) and interior finishes may be original or dated, potentially requiring significant capital expenditure for updates and maintenance.
Lack of Specified Updates: The property description does not mention any recent renovations or upgrades to the units, which could imply they are in original or worn condition, potentially leading to higher ongoing maintenance costs or tenant turnover if not addressed.
Climate-Related System Needs: Given Apple Valley's desert climate, the absence of any mention of a cooling system (e.g., air conditioning) could be a significant drawback for tenant comfort and a substantial future investment for the owner.