One may contend that value-added properties, particularly of this magnitude, are scarce in today's market. With its 38 units, this stands as one of the most sizable apartment complexes in Apple Valley, California. Notably, this building currently offers rental rates below prevailing market levels, indicating the potential for enduring enhancements in revenue stability. Apple Valley has experienced significant population growth and a surge in economic activity, underscored by the emergence of new retail and industrial developments. As a result, the demand for housing is poised to intensify further, reflecting the ongoing growth trajectory in the region. This is a GEM in the making.
The median home value in Apple Valley, CA is $432,500. This is lower than the county median home value of $522,500. The national median home value is $338,100. The average price of homes sold in Apple Valley, CA is $432,500. Approximately 62.93% of Apple Valley homes are owned, compared to 31.94% rented, while 5.13% are vacant. Apple Valley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Apple Valley real estate agent to arrange a tour today!
Apple Valley, California has a population of 75,311. Apple Valley is less family-centric than the surrounding county with 32.58% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Apple Valley, California is $61,758. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Apple Valley is 36.8 years.
The average high temperature in July is 98.3 degrees, with an average low temperature in January of 32.8 degrees. The average rainfall is approximately 14 inches per year, with 0.4 inches of snow per year.