Not Defined (699) Homes with Apartment Subtype

Not Defined (699) Homes with Apartment Subtype

Welcome to the enchanting region of Not Defined, nestled in the heart of California! This vibrant area boasts a unique blend of natural beauty and urban convenience, making it an ideal destination for those seeking a dynamic lifestyle. With its picturesque landscapes, friendly neighborhoods, and a rich cultural scene, Not Defined is a place where you can truly feel at home.

One of the standout features of this region is its diverse array of homes, particularly those with an apartment subtype. These properties cater to a variety of living arrangements, whether you’re looking for a cozy space for yourself or a multi-family setup that allows for close-knit living. Imagine the convenience of having an apartment that provides both privacy and community, perfect for extended families or those who wish to generate rental income.

The homes in Not Defined are designed to meet modern needs, often featuring open floor plans, updated amenities, and spacious outdoor areas that invite relaxation and entertaining. With easy access to local parks, shopping centers, and dining options, residents can enjoy the best of both worlds—peaceful suburban living with the excitement of urban amenities just a stone's throw away.

Whether you’re a first-time buyer, an investor, or looking to downsize, Not Defined offers a welcoming atmosphere and a variety of housing options to suit your lifestyle. Discover the charm and potential of this vibrant California community, where your dream home awaits!

Newest Not Defined (699) Homes with Apartment Subtype

$1,349,000
CV26155323 MLS Active Status
*Call or Email for Offering Memorandum* El Rancho Mobile Home Park, a 32-unit all-age community located at 35475 National Trails Highway in Daggett, California. Situated on approximately 1.23 acres with roughly 53,760 gross square feet, the offering includes 29 mobile home spaces, one 2-bedroom / 2-bathroom, and two 1-bedroom / 1-bathroom apartment units, along with an on-site laundry facility that provides supplemental income. The sale includes five notes totaling $127,000 with a 2-4 year loan maturity. The park sits along historic Route 66 in San Bernardino County's High Desert region, just 10 miles east of Barstow and within easy reach of Victorville and the broader Interstate 40/Interstate 15 logistics corridor. The park operates on a septic system, and ownership has recently invested in upgrading the electric and gas service to direct meters, allowing those utility costs to be billed directly to residents. Water and trash are sub-metered and billed back to residents as well. El Rancho Trailer Park is currently operating at approximately 60% occupancy, and even at this reduced occupancy the property produces a 6.73% cap rate on the current scheduled income. As the park is leased up toward market occupancy (modeled here at a conservative 10% vacancy factor), proforma income grows to a 11.56% cap rate and a Net Operating Income of $155,972 — nearly double current NOI. This spread between current and proforma performance represents the core opportunity: a well-located, physically sound mobile home park with substantial embedded upside for an operator with lease-up experience. Daggett is an unincorporated community in San Bernardino County located directly on National Trails Highway — the original alignment of Route 66 — roughly ten miles east of Barstow along the Interstate 40 corridor. Daggett is also home to the Barstow-Daggett Airport and sits adjacent to several large-scale solar and battery storage installations that have brought new construction activity and investment to the immediate area. Just recently, the city announced the approval of a four billion dollar BNSF rail hub. Barstow is home to Marine Corps Logistics Base Barstow, a significant regional employer, and BNSF has committed to the multi-billion-dollar expansion of its Barstow rail yard into an integrated intermodal facility aimed at relieving congestion at the Ports of Los Angeles and Long Beach.

35475 National Trails, Daggett

$3,998,000
WS26151158 MLS Active Status
Exceptional 16-unit apartment community located in the highly desirable Valley Glen neighborhood of Van Nuys. Built in 1963, this well-maintained investment opportunity features an attractive unit mix of eleven 2-bedroom/1-bath units, two 2-bedroom/2-bath units, and three spacious 3-bedroom/2-bath units, appealing to a broad tenant base. Several units have been updated with modern kitchens, granite countertops, white cabinetry, stainless steel appliances, and refreshed bathrooms, providing immediate appeal while offering additional value-add potential. The property offers desirable amenities including a courtyard swimming pool, on-site laundry facilities, 16 on-site parking spaces (13 covered and 3 uncovered), attractive landscaping, and a gated, professionally maintained environment. Spacious floor plans averaging approximately 1,000 square feet contribute to strong tenant demand. Ideally situated just north of Victory Boulevard, the property is surrounded by an abundance of shopping, dining, parks, and everyday conveniences. Residents enjoy easy access to the 170, 101, and 405 Freeways, providing convenient connectivity throughout the San Fernando Valley and Greater Los Angeles. Nearby employers, schools, and entertainment destinations further enhance the property's long-term desirability. This is an outstanding opportunity for investors seeking stable in-place income with the potential to increase cash flow through continued interior renovations and strategic asset management in one of the Valley's strongest multifamily rental markets.

6535 Fulton, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.