Excellent investment opportunity in the path of commercial development. Just off Bear Valley Road in Apple Valley, CA. Secure this income generator while proceeding with the entitlement process for a commercial development or buy it as investment property.
For sale
Listed by: MGR Real Estate, Inc • Michael Gallagher • Contact: 7608871167
$875,000
12033 Locust Ln, Apple Valley, CA 92308
10beds
8baths
3,259sqft
Multi Family
Built in 2004
-- sqft lot
$853,700 Zestimate®
$268/sqft
$-- HOA
What's special
- 149 days
- 260
- 9
Zillow last checked:
Listing updated:
Listed by:
Michael Gallagher DRE #01870195 7608871167,
MGR Real Estate, Inc
Source: CRMLS,MLS#: HD26071060
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Flooring: Carpet, Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,259
- Total interior livable area: 3,259 sqft
Property
Parking
- Total spaces: 6
- Parking features: Circular Driveway, Garage Faces Front, Garage, Paved, Uncovered
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Entry location: front
- Pool features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Desert
Lot
- Size: 1.18 Acres
- Features: 2-5 Units/Acre, Lot Over 40000 Sqft, Yard
Details
- Additional structures: Guest House Detached, Guest House
- Parcel number: 0434032020000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Slab
Condition
- Turnkey
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Rural
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Apple Valley
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $224,206
- Date on market: 4/2/2026
- Cumulative days on market: 149 days
- Listing terms: Cash,Conventional,Submit
- Tenant pays: All Utilities, Electricity, Gas, Insurance, Water
- Road surface type: Unimproved
Estimated market value
$853,700
$811,000 - $896,000
$1,965/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $875,000+196.6%$268/sqft |
Source: | ||
| 12/13/2019 | Listing removed | $1,100 |
Source: Shear Realty- SVL #520222 Report a problem | ||
| 12/9/2019 | Listed for rent | $1,100+29.4% |
Source: Shear Realty- SVL #520222 Report a problem | ||
| 9/12/2014 | Listing removed | $850 |
Source: VIP Management, Inc. Report a problem | ||
| 9/9/2014 | Listed for rent | $850 |
Source: VIP Management, Inc. Report a problem | ||
| 7/21/2012 | Listing removed | $295,000$91/sqft |
Source: CENTURY 21 Rose Realty #415669 Report a problem | ||
| 4/24/2012 | Listed for sale | $295,000+68.6%$91/sqft |
Source: CENTURY 21 Rose Realty #415669 Report a problem | ||
| 3/5/2012 | Sold | $175,000+28.2%$54/sqft |
Source: Public Record Report a problem | ||
| 1/26/2012 | Sold | $136,467+21.8%$42/sqft |
Source: Public Record Report a problem | ||
| 9/30/2003 | Sold | $112,000+28.7%$34/sqft |
Source: Public Record Report a problem | ||
| 12/18/2000 | Sold | $87,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $224,206 +2% |
| 2025 | $2,744 +2.9% | $219,810 +2% |
| 2024 | $2,667 +1% | $215,500 +2% |
| 2023 | $2,642 +1.6% | $211,274 +2% |
| 2022 | $2,601 +2.3% | $207,131 +2% |
| 2021 | $2,542 +1.3% | $203,069 +1% |
| 2020 | $2,511 +1.9% | $200,987 +2% |
| 2019 | $2,464 +2.5% | $197,046 +2% |
| 2018 | $2,404 +1.4% | $193,183 +2% |
| 2017 | $2,371 | $189,395 +2% |
| 2016 | $2,371 +7% | $185,681 +1.5% |
| 2015 | $2,215 +1.5% | $182,892 +2% |
| 2014 | $2,182 | $179,310 +0.5% |
| 2013 | -- | $178,500 -0.1% |
| 2012 | -- | $178,700 |
| 2011 | -- | $178,700 |
| 2010 | -- | $178,700 -39.4% |
| 2009 | -- | $295,000 -20.4% |
| 2008 | -- | $370,616 +2% |
| 2007 | -- | $363,349 +2% |
| 2006 | -- | $356,225 +211.8% |
| 2005 | -- | $114,240 +2% |
| 2004 | -- | $112,000 +23.7% |
| 2003 | -- | $90,515 +2% |
| 2002 | -- | $88,740 +2% |
| 2001 | -- | $87,000 +158.2% |
| 2000 | -- | $33,698 |
Find assessor info on the county website
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Neighborhood: 92308
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