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$ 599,990
Est. payment /mo
Price Dropped by $50K
11389 Lee AVE Adelanto, CA 92301
1.14 Acres Lot
UPDATED:
01/24/2025 04:00 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG24211166
HOA Y/N No
Year Built 1956
Lot Size 1.140 Acres
Property Description
Attention First-Time Investors and Portfolio Builders!
Welcome to your next investment opportunity at 11389 Lee Ave, nestled in the vibrant High Desert of Southern California! This fourplex property offers a rare combination of versatility, income potential, and possible expansion opportunities -perfect for savvy investors or owner-occupants looking to maximize their portfolio.
Property Highlights: Three Structures on Over an Acre of Land! --Front Duplex: Two 1-bed, 1-bath units at approximately 600 sq. ft. each. --Back Duplex: One 1-bed, 1-bath unit at 600 sq. ft. and a spacious 3-bed, 1-bath unit at 960 sq. ft. --Detached Garage: Ideal for tenant storage or parking, or possibly convert into an Accessory Dwelling Unit (ADU)? --Renovated & Move-In Ready Units: Two units have been recently renovated and are ready for immediate occupancy, offering a turn-key opportunity for investors or owner-occupants. Endless Possibilities for Investors: House-Hack Opportunity: Live in one unit while renting out the other three to offset your mortgage and build equity. --Maximize Rental Income: Rent out all four units for steady cash flow. --Room to Expand: With just over an acre of land, this property offers endless possibilities for upgrades or expansions, or maybe add an Accessory Dwelling Units (ADUs) or additional structures to maximize rental income and property value. Additional Features: --Prime Location: Close to local amenities, schools, and major highways, making it an attractive option for tenants. --High-Demand Rental Market: Located in the growing High Desert area, where rental properties are in constant demand.
This property is more than just a fourplex—it's a wealth-building opportunity with room to grow. With its competitive new pricing, this one offers flexibility, potential, and a strategic location that's perfect for your next investment. Call today to schedule a tour! Don't miss your chance to secure this incredible property!
Welcome to your next investment opportunity at 11389 Lee Ave, nestled in the vibrant High Desert of Southern California! This fourplex property offers a rare combination of versatility, income potential, and possible expansion opportunities -perfect for savvy investors or owner-occupants looking to maximize their portfolio.
Property Highlights: Three Structures on Over an Acre of Land! --Front Duplex: Two 1-bed, 1-bath units at approximately 600 sq. ft. each. --Back Duplex: One 1-bed, 1-bath unit at 600 sq. ft. and a spacious 3-bed, 1-bath unit at 960 sq. ft. --Detached Garage: Ideal for tenant storage or parking, or possibly convert into an Accessory Dwelling Unit (ADU)? --Renovated & Move-In Ready Units: Two units have been recently renovated and are ready for immediate occupancy, offering a turn-key opportunity for investors or owner-occupants. Endless Possibilities for Investors: House-Hack Opportunity: Live in one unit while renting out the other three to offset your mortgage and build equity. --Maximize Rental Income: Rent out all four units for steady cash flow. --Room to Expand: With just over an acre of land, this property offers endless possibilities for upgrades or expansions, or maybe add an Accessory Dwelling Units (ADUs) or additional structures to maximize rental income and property value. Additional Features: --Prime Location: Close to local amenities, schools, and major highways, making it an attractive option for tenants. --High-Demand Rental Market: Located in the growing High Desert area, where rental properties are in constant demand.
This property is more than just a fourplex—it's a wealth-building opportunity with room to grow. With its competitive new pricing, this one offers flexibility, potential, and a strategic location that's perfect for your next investment. Call today to schedule a tour! Don't miss your chance to secure this incredible property!
Location
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Fireplace No
Laundry In Kitchen
Exterior
Parking Features None
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Total Parking Spaces 12
Private Pool No
Building
Lot Description Lot Over 40000 Sqft
Story 1
Entry Level One
Sewer Septic Tank
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0459253110000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Nicholas Barnes • Homesmart Realty • 760-646-5149