Excellent Investment Opportunity! Rare duplex-style four-unit property thoughtfully designed to operate like four single-family residences. Each unit features 2 bedrooms, 1 bathroom, a private yard, its own HVAC system, and direct access to attached 2-car garage w/laundry hookup, offering tenants privacy and functionality seldom found in multifamily properties. 3 units are currently occupied; 1 vacant renovated unit—ideal for owner occupancy or immediate lease-up at market rent. Renovations include fresh interior paint, new durable vinyl flooring and window blinds; also comes with tile floor and newer HVAC. This property is highly efficient with minimal operating expenses: Tenants pay all utilities, including water and trash, while the owner is ONLY responsible for gardening, keeping ownership costs extremely low. Additional highlights include long-term tenants, upside rent potential, partial roof replacement, and a well-maintained condition throughout. Conveniently located near shopping, schools, and major roads, this is a turnkey investment with strong cash flow and future growth. A rare opportunity to own a high-performing income property that feels like single-family living. Cap rate can be up to 7.50%+!!! HUGE return on investment!
MLS #
CRAR26020969
MLS Source
California Regional MLS
Days on Site
2
Appliances
Oven Range
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Roof
Shingle
Pool
None
Garage/Parking
Garage, Garage: 8 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 4 |
20209 Otoe Rd is a Residential Income in Apple Valley, CA 92307. This – square foot property sits on a 21,875 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $750,000 and was built in 1984. This address can also be written as 20209 Otoe Rd, Apple Valley, CA 92307.
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This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Min Yang