Allegheny Arms Apartments 19087 Allegheny Road
Apple Valley, CA 92307
For Sale
17,360 sqft
Sale Price
$3,300,000
Brochure
Property Website
Map
Multifamily For Sale
16 Condo-Style Units in Apple Valley
Rare Condo-Style Single-Story Asset: Features a desirable composition of 16 two-bedroom/two-bathroom single-story flats with no neighbors above or below, offering high-demand privacy.
Compelling 26% Rental Upside: Income-producing investment boasting a strong 5.58% entry CAP rate with a clear path to a 7.75% pro forma yield, providing a rare opportunity for a new investor to capitalize on a 26% rental upside through strategic rental increases.
Extensive Recent Capital Improvements: Ownership has recently invested in a resurfaced parking lot, redone decks and railings, and full front-property relandscaping, reducing immediate CAPEX requirements.
Premium In-Unit Amenities: Units feature open-beam ceilings, brick fireplaces, central A/C, and interior laundry hookups, catering to a premium renter profile seeking home-like comforts.
Superior Parking and Storage: Every unit includes a detached garage and two large private patios, providing significantly more utility than standard apartment layouts.
Strategic Proximity to Major Medical Hubs: Located just 1.4 miles (3 minutes) from St. Mary Medical Center, providing a stable potential tenant base from the local healthcare sector.
Minutes from Regional Economic Drivers: Direct access to Highway 18 and the 15 Freeway provides quick commutes to Victor Valley College, the Mall of Victor Valley, and regional employment hubs.
Get in touch
Eric Chen
Lic: 01489184
Kevin Sin
Lic: 02020968
Blake Torgerson
Lic: 01919955
Apple Valley, California, is a premier desert community nestled in the Victor Valley region of San Bernardino County. Situated at the base of the San Bernardino Mountains and just east of the high-growth city of Victorville, Apple Valley offers a unique blend of high-desert beauty and strategic regional connectivity. The property at 19087 Allegheny Road is perfectly positioned within the heart of the 92307 ZIP code, sitting just one block off Highway 18. This primary arterial provides immediate access to the 15 Freeway, the main thoroughfare connecting Southern California to Las Vegas—located approximately 188 miles to the northeast. The area is characterized by its wide-open spaces, scenic mountain views, and a climate that offers a distinct four-season experience within a desert landscape.
The economy of Apple Valley and the surrounding Victor Valley is anchored by a diverse mix of healthcare, logistics, government, and retail trade. A primary economic driver for the immediate neighborhood is the healthcare sector; Allegheny Arms is located just 1.4 miles from St. Mary Medical Center and is within 8 miles of Victor Valley Global Medical Center. These institutions serve as major local employers and provide a stable base of professional tenants. Education also plays a vital role in the local economy, with Victor Valley College serving as a nearby hub for higher learning and workforce development. The region has seen significant growth in the logistics and distribution sector, fueled by its proximity to major transportation corridors and the presence of major employers like Amazon in nearby Victorville. Retail and service industries continue to thrive at centers like Desert Mountain Plaza and the Mall of Victor Valley, catering to a growing population seeking more affordable housing options relative to the coastal Southern California markets.
Apple Valley offers a high quality of life with a wealth of recreational opportunities that celebrate its natural surroundings. The community is renowned for its extensive park system and proximity to outdoor adventure. Residents at Allegheny Arms enjoy on-site leisure amenities like a community pool and barbecue picnic areas surrounded by manicured rose gardens. Locally, the Apple Valley Center and nearby shopping districts offer a variety of dining and entertainment options within a three-mile radius. For the outdoor enthusiast, the region is a gateway to hiking, off-roading, and equestrian trails. The property’s location on the way to Las Vegas also positions it as a convenient starting point for regional travelers. Furthermore, the area’s recreation is bolstered by its proximity to the high-desert’s unique attractions, providing a blend of suburban convenience and rugged natural beauty that continues to attract residents and investors alike.
The economy of Apple Valley and the surrounding Victor Valley is anchored by a diverse mix of healthcare, logistics, government, and retail trade. A primary economic driver for the immediate neighborhood is the healthcare sector; Allegheny Arms is located just 1.4 miles from St. Mary Medical Center and is within 8 miles of Victor Valley Global Medical Center. These institutions serve as major local employers and provide a stable base of professional tenants. Education also plays a vital role in the local economy, with Victor Valley College serving as a nearby hub for higher learning and workforce development. The region has seen significant growth in the logistics and distribution sector, fueled by its proximity to major transportation corridors and the presence of major employers like Amazon in nearby Victorville. Retail and service industries continue to thrive at centers like Desert Mountain Plaza and the Mall of Victor Valley, catering to a growing population seeking more affordable housing options relative to the coastal Southern California markets.
Apple Valley offers a high quality of life with a wealth of recreational opportunities that celebrate its natural surroundings. The community is renowned for its extensive park system and proximity to outdoor adventure. Residents at Allegheny Arms enjoy on-site leisure amenities like a community pool and barbecue picnic areas surrounded by manicured rose gardens. Locally, the Apple Valley Center and nearby shopping districts offer a variety of dining and entertainment options within a three-mile radius. For the outdoor enthusiast, the region is a gateway to hiking, off-roading, and equestrian trails. The property’s location on the way to Las Vegas also positions it as a convenient starting point for regional travelers. Furthermore, the area’s recreation is bolstered by its proximity to the high-desert’s unique attractions, providing a blend of suburban convenience and rugged natural beauty that continues to attract residents and investors alike.
Apple Valley, California, is a premier desert community nestled in the Victor Valley region of San Bernardino County. Situated at the base of the San Bernardino Mountains and just east of the high-growth city of Victorville, Apple Valley offers a unique blend of high-desert beauty and strategic regional connectivity. The property at 19087 Allegheny Road is perfectly positioned within the heart of the 92307 ZIP code, sitting just one block off Highway 18. This primary arterial provides immediate access to the 15 Freeway, the main thoroughfare connecting Southern California to Las Vegas—located approximately 188 miles to the northeast. The area is characterized by its wide-open spaces, scenic mountain views, and a climate that offers a distinct four-season experience within a desert landscape.
The economy of Apple Valley and the surrounding Victor Valley is anchored by a diverse mix of healthcare, logistics, government, and retail trade. A primary economic driver for the immediate neighborhood is the healthcare sector; Allegheny Arms is located just 1.4 miles from St. Mary Medical Center and is within 8 miles of Victor Valley Global Medical Center. These institutions serve as major local employers and provide a stable base of professional tenants. Education also plays a vital role in the local economy, with Victor Valley College serving as a nearby hub for higher learning and workforce development. The region has seen significant growth in the logistics and distribution sector, fueled by its proximity to major transportation corridors and the presence of major employers like Amazon in nearby Victorville. Retail and service industries continue to thrive at centers like Desert Mountain Plaza and the Mall of Victor Valley, catering to a growing population seeking more affordable housing options relative to the coastal Southern California markets.
Apple Valley offers a high quality of life with a wealth of recreational opportunities that celebrate its natural surroundings. The community is renowned for its extensive park system and proximity to outdoor adventure. Residents at Allegheny Arms enjoy on-site leisure amenities like a community pool and barbecue picnic areas surrounded by manicured rose gardens. Locally, the Apple Valley Center and nearby shopping districts offer a variety of dining and entertainment options within a three-mile radius. For the outdoor enthusiast, the region is a gateway to hiking, off-roading, and equestrian trails. The property’s location on the way to Las Vegas also positions it as a convenient starting point for regional travelers. Furthermore, the area’s recreation is bolstered by its proximity to the high-desert’s unique attractions, providing a blend of suburban convenience and rugged natural beauty that continues to attract residents and investors alike.
The economy of Apple Valley and the surrounding Victor Valley is anchored by a diverse mix of healthcare, logistics, government, and retail trade. A primary economic driver for the immediate neighborhood is the healthcare sector; Allegheny Arms is located just 1.4 miles from St. Mary Medical Center and is within 8 miles of Victor Valley Global Medical Center. These institutions serve as major local employers and provide a stable base of professional tenants. Education also plays a vital role in the local economy, with Victor Valley College serving as a nearby hub for higher learning and workforce development. The region has seen significant growth in the logistics and distribution sector, fueled by its proximity to major transportation corridors and the presence of major employers like Amazon in nearby Victorville. Retail and service industries continue to thrive at centers like Desert Mountain Plaza and the Mall of Victor Valley, catering to a growing population seeking more affordable housing options relative to the coastal Southern California markets.
Apple Valley offers a high quality of life with a wealth of recreational opportunities that celebrate its natural surroundings. The community is renowned for its extensive park system and proximity to outdoor adventure. Residents at Allegheny Arms enjoy on-site leisure amenities like a community pool and barbecue picnic areas surrounded by manicured rose gardens. Locally, the Apple Valley Center and nearby shopping districts offer a variety of dining and entertainment options within a three-mile radius. For the outdoor enthusiast, the region is a gateway to hiking, off-roading, and equestrian trails. The property’s location on the way to Las Vegas also positions it as a convenient starting point for regional travelers. Furthermore, the area’s recreation is bolstered by its proximity to the high-desert’s unique attractions, providing a blend of suburban convenience and rugged natural beauty that continues to attract residents and investors alike.
Total Space Available
17,360 sqft
Sale Price
$3,300,000
Place
The Mall of Victor Valley
Mall/Retail
9.7 miles
18 min.
/drive
Transit/Subway
Amtrak Train Station
3.1 miles
8 min.
/drive
Airport
Ontario International Airport
49.2 miles
53 min.
/drive
Get in touch
Eric Chen
Lic: 01489184
Kevin Sin
Lic: 02020968
Blake Torgerson
Lic: 01919955