11389 Lee, Adelanto, CA 92301
Local realty services provided by:CENTURY 21 Masters
11389 Lee,Adelanto, CA 92301
$439,900
- - Beds
- - Baths
- 2,736 sq. ft.
- Multi-family
- Active
Listed by: victorea aguila
Office: west capital real estate949-570-8981
MLS#:OC26113769
Source:CRMLS
Price summary
- Price:$439,900
- Price per sq. ft.:$160.78
About this home
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....
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Home facts
- Year built:1956
- Listing ID #:OC26113769
- Added:1 day(s) ago
- Updated:May 28, 2026 at 08:33 PM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Freezer, Gas Range, Microwave, Refrigerator
- Living area:2,736 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Flat
- Year built:1956
- Building area:2,736 sq. ft.
- Lot area:1.14 Acres
- Construction Materials:Block, Concrete
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Septic Tank, Sewer Not Available
Finances and disclosures
- Price:$439,900
- Price per sq. ft.:$160.78
Features and amenities
- Appliances:Freezer
- Amenities:Beamed Ceilings, Carbon Monoxide (CO2) Detector, Ceiling Fans
Parking
- Total parking spaces:2
- Parking description:Driveway, Gated, Off Street, On Site, Unpaved
- Garage:Yes
- Garage spaces:2
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