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About This Home

This 8-bedroom, 8-bathroom multi-family at 16228 Wato Road in Apple Valley, CA is listed for $999,000 ($262 per sqft). Built in 1984, the home offers 3,808 sqft of living space on a 0.41 acres lot.

Agent Description

Rare Opportunity to Own a Fully Rented 4-Unit Property Situated on Approximately Half an Acre in an Ideal Location. Properties like this do not come up often, making this a standout investment opportunity in today’s market.

All Units Are Currently Rented, offering strong income potential. Each Unit Features a Functional Layout along with Single-Car Garage Parking, providing added convenience and appeal for tenants. Each unit is approximately 952 square feet and offers 2 bedrooms and 2 bathrooms. The expansive lot sets this property apart from others in the area, offering additional space and long-term potential.

This Well-Maintained Property has seen Recent Upgrades, including Exterior Paint completed approximately 2 years ago, Updated Stairs, and Units that have been improved and are in Good Condition throughout. All Units Feature Their Own Laundry, adding everyday convenience, while the Two Upstairs Units offer Fireplaces for added comfort and appeal.

Comparable multi-unit properties in the area continue to be in high demand, making this the type of asset investors are actively seeking.

Conveniently located near Shopping, Schools, and major commuter routes, this property offers excellent accessibility and rental appeal.

A Strong Opportunity to acquire a Well-Kept, Income-Producing 4-Plex in a desirable and growing market.

Key Features

  • Built in 1984
  • 0.41 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
8 full
8 spaces
1984

Monthly Cost Estimate

$5,343/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,329
Insurance$291

Estimates only. Actual payments may vary.

Location

16228 Wato Road

Apple Valley, CA 92307

Features & Amenities

Exterior Features

FenceCommunity Features Included: UrbanPavedValue In Land

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 8-bedroom, 8-bathroom multi-family at 16228 Wato Road is listed at $999,000 ($262/sqft). The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 0.41 acre lot, 2 stories, 8 parking spaces. Exterior Features: Fence, Community Features Included: Urban, Paved.

This property is listed by Joanna Nassar and can be reached at 7602457323 or joannasales365@gmail.com.

JN

Joanna Nassar

Agent at Coldwell Banker Envision

(760) 245-7323

Listed by Coldwell Banker Envision · View on Broker Site

MLS# HD26073633· Source: listhub· Updated 1 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16228 Wato Road, Apple Valley, CA 92307

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