11389 Lee, Adelanto, CA 92301

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List Price
$399,999
Price Change
▼ $39,901 1792036998
Status
ACTIVE
MLS#
OC26113769
Year Built
1956
Lot Size
27,300
Acres
0.63
Lot Location
0-1 Unit/Acre
Days on Market
141
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Priced at $399,999, about $100K per door. This 4-plex sits on 0.63 acres (approx. 27,300 sq ft) with Mixed-Use (MU) zoning. Two units were lightly rehabbed in 2026, and the detached garage has ADU potential. Projected gross rent is about $5,157/month (about $62K/year), with Unit 4 at its current rent. Unit mix: - Unit 1: 3BR/1BA, light rehab 2026, projected $2,089 - Unit 2: 1BR/1BA, light rehab 2026, projected $1,194 - Unit 3: 1BR/1BA, projected $1,194 - Unit 4: 1BR/1BA, currently $680 (below market) Electric and gas are separately metered; water and trash are shared, and the property is on septic. Any signed leases convey. Sold as-is; seller will not make repairs. The NHD report and a third-party zoning analysis are in the supplements. Offers will be reviewed Monday 10/19. Buyer to verify all figures, zoning and expansion potential. Projected rents are estimates.

Additional Information

Appliances
Freezer, Gas Range, Microwave, Refrigerator
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Evaporative Cooling
View
None
Exterior Construction
Block, Concrete
Roof
Flat
Garage Spaces Total
2
Sewer
Septic Type Unknown
Water
Public
Interior Features
Beamed Ceilings, Ceiling Fan(s), Unfurnished, Bedroom on Main Level, Main Level Primary
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$68,052
Operating Expense
12273

Listing courtesy of Listing Agent: Victorea Aguila (vaguila@westcaprealestate.com) from Listing Office: West Capital Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.