20
See all 20 photos
$475,000
Est. payment /mo
6 Beds
1.14 Acres Lot
New
11389 Lee Ave. Adelanto, CA 92301
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25278347
Bedrooms 6
Lot Size 1.140 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Discover a Prime Investment Opportunity on Over 1 Acre in Adelanto. Elevate your portfolio with this unique fourplex situated on a sprawling, level lot of over 43,000 square feet. Offering a blend of current stability and future growth potential, this property is a versatile find for the savvy investor or an owner-occupant seeking a spacious multi-unit compound. Constructed with durable block and brick, these residences provide a solid foundation. Move-In Ready & Updated: The rear building features two extensively renovated units. This includes a 3-bedroom residence and a 1-bedroom unit, both featuring open floor plans and practical tile and vinyl flooring. The front building houses two additional 1-bedroom units, providing a consistent multi-unit layout. Expansion Potential: The true value is in the land. With over an acre of space, there is significant room to explore the addition of an ADU or further residential development (buyer to verify all permits, zoning, and usage with City of Adelanto). This "value-add" property offers ample outdoor space and numerous possibilities for growth. Key Features: Parking & Security: A long driveway leads to a detached garage and extensive on-site private parking. Prime Location: Quick access to Highway 395 and I-15; minutes from local schools and shopping. Flexible Financing: Supports 1031 Exchange, FHA, VA, and Conventional loan options. Secure a high-potential asset in a growing area. Don't miss out on this incredible opportunity!
Location
State CA
County San Bernardino
Zoning Public Rec
Direction Make a right on Lee Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0459253110000
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Listed by Victorea Aguila Real Broker
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