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$1,250,000

Beds
Unknown
sq ft
8,310

21430 Nisqually Rd, Apple Valley, CA 92308

21430 Nisqually Rd

Apple Valley, CA 92308

  • 11 days on market
Introducing a prime investment opportunity in the Inland Empire area, this multifamily low-rise property presents 3 solid buildings with 6 units, offering a compelling investment in the thriving residential market. Built in 1965 and thoughtfully renovated in the early 2000s, the property boasts 100% occupancy, providing a strong foundation for immediate returns. Zoned for multifamily use, this investment offers a promising prospect for long-term growth and income generation. Embrace the potential for a successful venture with this well-maintained and fully occupied property, strategically positioned to capitalize on the robust demand for multifamily residences in the Inland Empire

Details

Property type

Apartment

Est. home value

$878,431

Lot size

0.9963 acres

Price per sq ft

$151

Year built

1965

Price History

06/25/2024
CRMLS

CRMLS #HD24129968

Listed
$1,250,000
+50.6%
01/21/2022
CRMLS

CRMLS #541913

Sold
$830,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

October 2022

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

4.36%

Loan type

Commercial

Seller

Roshan Talwar

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/06/2024 at 12:40 AM

Listing updated: 06/25/2024 at 12:53 PM

Listed by: Jerrad Schendel, Coldwell Banker Commercial Rea Phone #: (760) 684-8000

MLS: CRMLS #HD24129968

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