Wrightwood Homes with Apartment Subtype

Welcome to Wrightwood, California, a picturesque mountain town nestled in the San Bernardino County, where the beauty of nature meets the charm of a close-knit community. Known for its stunning landscapes and serene atmosphere, Wrightwood is a haven for outdoor enthusiasts and families alike. With its breathtaking views of the San Gabriel Mountains, this enchanting destination offers year-round recreational activities, from hiking and mountain biking in the summer to skiing and snowboarding in the winter at the nearby Mountain High Resort.

Wrightwood's real estate market offers a unique opportunity for those seeking homes with an apartment subtype. These properties are ideal for multi-generational living, providing a comfortable space for family members or the potential for rental income. Imagine having a cozy two-bedroom apartment above your main living area, perfect for guests, or even as a private office space. The versatility of these homes allows for a lifestyle that embraces both privacy and community living.

The town's quaint downtown area is lined with charming shops, delightful eateries, and friendly locals, making it easy to feel at home. With a strong sense of community spirit, Wrightwood hosts various events throughout the year, fostering connections among residents and visitors alike.

Whether you're looking to invest in a family retreat, a rental property, or a mountain getaway, Wrightwood's homes with apartment subtypes offer the perfect blend of comfort, convenience, and natural beauty. Embrace the tranquility of mountain living while enjoying the benefits of a vibrant community in this delightful California town!

Newest Wrightwood Homes with Apartment Subtype

$1,375,000

SR26169312 MLS ⋅ Active Status

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 ADU’s 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 access to the apartment, Significant rental upside and value-add opportunity, Pride-of-ownership property.

1111 Apple, Wrightwood

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