Wrightwood (WRWD) Homes with Apartment Subtype

Welcome to Wrightwood, California – a hidden gem nestled in the breathtaking San Bernardino Mountains. This charming mountain town offers a perfect blend of natural beauty, outdoor adventure, and a welcoming community vibe. Known for its stunning landscapes, Wrightwood is a year-round destination for those who appreciate the great outdoors, whether it’s hiking through lush forests in the summer or skiing down powdery slopes in the winter.

Wrightwood boasts a unique real estate market, particularly for those looking for homes with an apartment subtype. These properties are ideal for multi-generational living, providing ample space for family members or even the opportunity to generate rental income. Imagine having a cozy main residence with a separate apartment that can serve as a guest suite, a home office, or a rental unit for vacationers seeking a mountain retreat.

The homes in Wrightwood often feature rustic designs that harmonize with the stunning natural surroundings, showcasing beautiful woodwork, large windows that invite natural light, and spacious decks perfect for soaking in the serene views. The community is also known for its friendly atmosphere, with local shops, eateries, and outdoor recreational activities just a stone’s throw away.

Investing in a home with an apartment in Wrightwood not only provides a unique living arrangement but also immerses you in a vibrant community that cherishes both tranquility and adventure. Whether you’re looking for a permanent residence or a vacation getaway, Wrightwood offers a lifestyle that’s hard to resist. Come explore the possibilities in this enchanting mountain town!

Newest Wrightwood (WRWD) 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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