Paul Kott Realtors, Inc. – Commercial Division is pleased to present this multifamily investment opportunity in Apple Valley, CA. 15365 Wanaque Rd Apple Valley, Ca 92307 offers four units in a prime location walking distance to the Apple Valley Commons regional shopping center. Some of the major retailers located in the center Target, Carl’s Jr., Del Taco, Starbucks, Ross, UPS Store, Verizon Wireless, Wingstop, Wells Fargo, Old Navy and several other shopping and dining options making it attractive for any tenant to live so close to convenience. This fourplex is located adjacent to the Phoenix Academy, a school committed to developing college and career ready students through promoting respect, responsibility and high engagement. The rents are well below market averaging $977.50 per unit. The subject property is conveniently located one half (.05) mile to Highway 18. Additionally, the property is not subject to any local or city rent control. The property sits on a large lot totaling 17,978 SF of land with 3,400 SF of rentable space consisting of (4) two-bedroom, one bath units. There is a common laundry room with a washer and dryer on site. Due to the significantly low rents there is rarely a vacancy. The newest signed lease is at the monthly rate of $1,380, two other units are at $850 each, and the fourth unit is at $830 per month. This provides significant upside for an investor to acquire an asset with little to no visits needed as there is also a property manager onsite that lives in one of the units and manages any issues at the property for $150 per month which is deducted from their rent.