11389 Lee, Adelanto, CA 92301
11389 Lee, Adelanto, CA 92301
11389 Lee, Adelanto, CA 92301
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$439,900
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1.14 Acres Lot
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11389 Lee Adelanto, CA 92301

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YourWayHome Team

YourWayHome Team

Fathom Realty & YourWayHome

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26113769

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1956

Lot Size 1.140 Acres

Property Sub-Type Quadruplex

Property Description

Investor Alert: Immediate cash flow with massive pro-forma upside and development flexibility. This 4-unit income property sits on a flat, usable 1.14-acre lot in Adelanto, featuring rare Mixed-Use (MU) zoning that opens the door for future expansion, higher-density residential additions, or a live-work commercial play. The Units & Income Potential:Unit 1 (3BR/1BA): Vacant. Light rehab completed April 2026. Move-in ready. (Projected Market Rent: $2089). Unit 2 (1BR/1BA): Vacant. Light rehab completed April 2026. Move-in ready. (Projected Market Rent: $1194). Unit 3 (1BR/1BA): Vacant and rental-ready. (Projected Market Rent: $1194). Unit 4 (1BR/1BA): Occupied. Current rent is $680, well below market value. Value-Add & Property Features: Utilities: Separate electric and gas meters (keeps landlord utility expenses low). Shared water/trash. Property functions on a septic system.
The Lot: Over 1 full acre of flat, usable land under highly flexible Mixed Use (MU) zoning. Includes a detached garage ideal for an ADU conversion or ample yard space for adding more income-generating units (buyer to verify permitted expansion uses with City of Adelanto). Property sold strictly AS-IS. Seller strongly prefers Cash or 1031 Exchange for a fast close, but will consider strong conventional financing. Information deemed reliable but not guaranteed; buyer to verify all details.

Location

State CA

County San Bernardino

Area Adl - Adelanto

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), Unfurnished, Bedroom on Main Level, Main Level Primary

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Freezer, Gas Range, Microwave, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway, Gated, On Site, Off Street, Unpaved

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link, Wood

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected

View Y/N No

View None

Roof Type Flat

Accessibility None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Foundation Slab

Sewer Septic Type Unknown

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 0459253110000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(k), VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(k), VA Loan

Special Listing Condition Standard


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Listed by Victorea Aguila West Capital Real Estate 626-664-3561, DRE #02340663

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11389 Lee