11941 Lee Avenue Adelanto, CA ^$ 1,500,000

11941 Lee Avenue

^$ 1,500,000

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11941 Lee Avenue

Adelanto, CA, 92301

^$ 1,500,000

Studio Baths0.0 Sq 9,180

Monthly Estimate*

^$ 9,236

Listed by LE INVESTMENT GROUP

11941 Lee Avenue, Adelanto, CA 92301 - Image 1

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11941 Lee Avenue, Adelanto, CA 92301 - Image 5

11941 Lee Avenue, Adelanto, CA 92301 - Image 6

11941 Lee Avenue, Adelanto, CA 92301 - Image 7

11941 Lee Avenue, Adelanto, CA 92301 - Image 8

11941 Lee Avenue, Adelanto, CA 92301 - Image 9

11941 Lee Avenue, Adelanto, CA 92301 - Image 10

11941 Lee Avenue, Adelanto, CA 92301 - Image 11

11941 Lee Avenue, Adelanto, CA 92301 - Image 12

11941 Lee Avenue, Adelanto, CA 92301 - Image 13

11941 Lee Avenue, Adelanto, CA 92301 - Image 14

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Studio

Multi-Family Home for sale in Adelanto, CA

for $1,500,000. This 9,180 square foot home was built in 1982 on a lot size of 0.8889.

Situated in the rapidly growing High Desert region, 11941 Lee Ave offers a compelling investment opportunity in Adelanto’s expanding rental market. This well-maintained 9-unit apartment complex, built in 1982, sits on 0.89 acres and features a diverse unit mix catering to a wide range of tenants. The property includes six 2-bedroom, 2-bathroom units, each with a private garage, and three 3-bedroom, 2-bathroom units, providing ample living space. Residents enjoy scenic desert and mountain views, along with convenient access to major highways, shopping, and local amenities. With separately metered gas and electric, utility expenses are easily managed. Located in a business-friendly city with strong economic growth, this property presents an excellent opportunity for steady rental income and long-term appreciation. DRIVE BY ONLY - DO NOT DISTURB TENANTS

Multi-Family Contingent

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.8889

Year Built

1982

Town/City

Adelanto

County/Region

San Bernardino

MLS | Web ID

IV25046378

Days on Market

336

Features

General

Sewer Public Sewer

Garage Spaces 9

Pool Features None

Year Built 1982

Property Subtype Apartment

Gross Income 163680

Community Features Suburban

County San Bernardino

Net Operating Income 100775

Operating Expense 54721

Insurance Expense 6876

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active Under Contract

Directions From US-395 head west on Palmdale Rd turn right on Bellflower St then left on Lee Ave—property is on the right.

City Adelanto

Entry Location 1

Senior Community Y/N false

Number Of Units Total 9

MLS Area ADL - Adelanto

Lot Size Units Square Feet

Lot Size Square Feet 38720

Listing Terms Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 3234

Fuel Expense 3234

Trash Expense 3234

Water Sewer Expense 3234

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active Under Contract

Year Built Source Public Records

Tax Lot 18

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 9

Lot Size Area 38720

Number of Buildings 2

Building Area Total 9180

Lot Size Acres 0.8889

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

* Excluded Features

List By

Le Investment Group

Broker

darren.correa@leinvestmentgroup.com

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$9,236

Per Month

Monthly Principal & Interest: $9,236
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Adelanto, CA

Average List Price ^$736,923

Percent of Sale Price 51%

About Adelanto, CA

34,877 Population

89% Since 2002

^$30,885 Median Income

28.57 Median Age

53% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,500,000		Listed Price

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11941 Lee Avenue, Adelanto, CA, 92301 is a Multi-Family Home for sale at $1,500,000 with 9,180 sqft and a lot size of 0.8889. 11941 Lee Avenue is a studio with 0.0 baths and was built in 1982. The property's zip code is 92301 which is in Adelanto, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/1/2026. 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.

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11941 Lee Avenue

Multi-Family Home for sale in Adelanto, CA

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