1111 Apple , Wrightwood, CA 92397
$1,375,000
Est. Payment: $6,918.78/mo
12 Bed
6 Bath
0 Sqft
Status: active | Days on site: 3
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Have you been thinking of investing in apartments? Leola Commercial, Inc is proud to present 1111 Apple Avenue, a 6-unit multifamily investment opportunity located in Wrightwood, California. Consisting of all (2+1) renovated units with 2-car attached garages. This investment opportunity offers large units suitable for families and working professionals. This well-maintained property features large unit town-home style layouts, patios, and secured covered parking. Several units have been recently renovated, providing investors with strong in-place cash flow along with meaningful value-add potential. The property boast a newer roof installed in 2022 and newer water heaters in most of the units. The property sits on a 18,489 SF lot and offers approximately 6,602 SF of rentable space. Current rents are approximately 23.63% below market, presenting a clear opportunity for rent growth. A savvy investor may further enhance returns by converting the garages to ADUs and add additional parking in the rear of the building. Nestled about 50 minutes southeast of Palmdale, this mountain community is next to Mountain High Ski Resort! The asset benefits from excellent freeway access via State Highway 2 and State Highway 38 (connecting from the north) and is located about 15 miles from Interstate 15, enhancing tenant demand and long-term investment stability. Highlights: Rare opportunity to acquire a stabilized 6-unit multifamily asset, Strong in-place cash flow, Approximately 23.63% rental upside, 6 of 6 units renovated with new flooring and fresh paint, 2 car attached garages with direct

Highlights

Listed by Gabriel Chipe , 818-482-3666 LEOLA Commercial , Inc. , 818-570-3301. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.42

County

San Bernardino

Listing ID

SR26169312

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$6,919
Taxes
$877

Home Price

$1,375,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$275,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,918.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,918.78 $876.56 $0.00 $7,795.35
Yearly $83,025.39 $10,518.75 $0.00 $93,544.14
Total $2,490,761.74 $315,562.50 $0.00 $2,806,324.24

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Wrightwood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-08T08:21:38.000Z

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