Adelanto, CA 92301,11389 Lee Ave.
Adelanto, CA 92301,11389 Lee Ave.
Adelanto, CA 92301,11389 Lee Ave.
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$475,000
Est. payment /mo
1 Sqft Lot
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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25278347

HOA Y/N No

Year Built 1956

Lot Size 1 Sqft

Property Sub-Type Quadruplex

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

Area 699 - Not Defined

Interior

Interior Features Built-in Features, Block Walls, Open Floorplan, Pantry, All Bedrooms Down

Heating Central

Cooling None

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Park

Utilities Available Electricity Available, Natural Gas Available, Water Available

View Y/N No

View None

Roof Type None

Accessibility None, Parking

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard, Rectangular Lot, Street Level

Story 1

Sewer Septic Type Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 0459253110000

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

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

Special Listing Condition Standard


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CRMLS – RECore
Listed by Victorea Aguila Real Broker 626-654-4302

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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