Listing Courtesy of: CRMLS / Listed By: Tony Burton, Burton Commercial, Inc. - Contact: 951-375-7433
20365 Broken Bow Apple Valley, CA 92307
Active (24 Days)
$650,000 (USD)
3,667
SQFT
Description
MLS #:
SW26129662
SW26129662
Lot Size
0.4 acres
0.4 acres
Type
Multifamily
Multifamily
Year Built
1950
1950
County
San Bernardino County
San Bernardino County
Listed By
Tony Burton, Burton Commercial, Inc., Contact: 951-375-7433
Source
CRMLS
Last checked Jul 8 2026 at 7:22 AM GMT+0000
CRMLS
Last checked Jul 8 2026 at 7:22 AM GMT+0000
Bathroom Details
Interior Features
- Laundry: Inside
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Jul 01, 2026
Price Changed
$650,000
-4%
-$25,000
Jun 23, 2026
Price Changed
$675,000
-3%
-$24,000
Jun 14, 2026
Listed
$699,000
-
-
Additional Information: Burton Commercial, Inc. | 951-375-7433
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {7/8/26 00:22} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
This complex is located in an ideal location. Not only is the neighborhood great but it's also located just a few hundred feet away form the Apple Valley Commons Shopping Center. This center consists of Walmart, Target, and Albertsons. Thus, tenants can easily walk to get whatever they need.
Also, for tenants children, these units are located within walking distance to elementary, middle, and high schools.
The local public bus service is located just down the block!!
These units consist of: Two 2 bedrooms 1 baths, Two 1 bedrooms 1 baths, and, One studio.
All units have their own gas & electric meters that the tenants sign up & pay for. All units have private yards/patios.
Kitchens & appliances have been upgraded. Ceiling fans and tile floors throughout.
All units are window AC/swamp cooler cooled, and wall heater heated.
Roof is in great shape with a 30 year warranty, and only 10 years old!!
Cash flow is excellent. At actual rents, it's putting out $53,770 NOI and $70,620 annual gross rent. Actual rents equating to returns of a rarely seen 9.20 Gross Rent Multiplier, an outstanding 8.27% Cap Rate, and a robust 11.51% Cash on Cash Return!!
Rents are below market but are month to month. While this offering performs better on actual rents than any other multifamily in the Upper Desert, the returns go off the charts at market rents. At market rents, based on nearby rent comps, this complex can put out $76,750 NOI and $93,600 annually gross!! Further, these market rents put out returns of a 6.94 GRM, a double digit 11.81% Cap Rate, and an astonishing 25.65% Cash on Cash Return!!!
TO VIEW THIS INFORMATION, INCLUDING RENT COMPS PLUS ACUTAL & MARKET RENT ROLL, PLEASE SEE SUPPLEMENTS ATTACHED AT THE TOP OF THIS MLS LISTING!!!
THIS IS THE BEST PERFORMING MULTIFAMILY IN THE UPPER DESERT!!!