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$675,000
CV26198715 MLS ⋅ Active Status
**** TURNKEY 4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN ADELANTO! **** Welcome to 10923 Aztec Ln, a well-maintained and recently remodeled four-unit apartment property offering an excellent opportunity for investors seeking immediate rental income and long-term potential. The property consists of four spacious 2-bedroom, 1-bathroom units, with two units located downstairs and two upstairs. All four units are currently rented, providing an investor with an established income stream from day one. The property has been recently remodeled, with updated interiors designed to provide comfortable and attractive living spaces for tenants. Each unit offers a functional floor plan with two bedrooms and one bathroom. The property also features four individual one-car garages, providing valuable off-street parking and additional convenience for residents. Situated on an approximately 8,100-square-foot lot, the property contains approximately 3,224 square feet of building area. The fourplex configuration provides the benefit of multiple income-producing units within one property, making this an attractive opportunity for both experienced investors and those looking to enter the multifamily market.

10923 Aztec, Adelanto
$439,900
OC26113769 MLS ⋅ Active Status
Investor Alert: In-place income 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, sold as-is (projected market rent $2,089). Unit 2 (1BR/1BA): Vacant, light rehab completed April 2026, sold as-is (projected market rent $1,194). Unit 3 (1BR/1BA): Vacant and rental-ready (projected market rent $1,194). Unit 4 (1BR/1BA): Occupied at $680/month, well below market. Projected rents are estimates, not guarantees. Value-Add & Property Features: Separate electric and gas meters keep landlord utility expenses low; shared water/trash; septic system. Over 1 full acre of land under flexible MU zoning, plus a detached garage ideal for a potential ADU conversion or room for additional income-generating units — buyer to verify all permitted uses and expansion potential with the City of Adelanto. Property sold strictly AS-IS. Roof Seller prefers cash or 1031 exchange for a fast close but will consider strong conventional financing. Investor summary, rent roll & pro forma, NHD report, and third-party zoning analysis available in MLS supplements. Information deemed reliable but not guaranteed; buyer to verify all.

11389 Lee, Adelanto

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.