11389 Lee Adelanto, CA $ 439,900
11389 Lee
$ 439,900
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11389 Lee

Adelanto, CA, 92301
$ 439,900
Baths1.0 Sq 2,736

Monthly Estimate*

$ 2,709

Listed by West Capital Real Estate
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Studio

Multi-Family Home for sale in Adelanto, CA

for $439,900 with 1 full bath. This 2,736 square foot home was built in 1956 on a lot size of 1.14.

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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Multi-Family Active

Price

$ 439,900

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.14

Year Built

1956

Town/City

Adelanto

County/Region

San Bernardino

MLS | Web ID

OC26113769

Days on Market

3

Features
General
Sewer Septic Type Unknown
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Not Available Water Connected
Roof Flat
Appliances Freezer Gas Range Microwave Refrigerator
Garage Spaces 2
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Block Concrete
Year Built 1956
View None
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 68052
Community Features Street Lights Sidewalks
Accessibility None
County San Bernardino
Net Operating Income 52375.57
Operating Expense 12273
Insurance Expense 2674
New Construction false
Property Type Residential Income
Contingency None
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North on 395 Hwy West on Bartlett Ave North on Delicious St West on Lee ave
City Adelanto
Entry Location Ground
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 4
MLS Area ADL - Adelanto
Lot Size Units Square Feet
Lot Size Square Feet 49658
Carport Spaces 0
Number of Units Leased 1
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange FHA 203(k) VA Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Updated/Remodeled
Trash Expense 2664
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 0
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Beamed Ceilings Ceiling Fan(s) Unfurnished Bedroom on Main Level Main Level Primary
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Screens
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Fencing Chain Link Wood
Parking Features Driveway Gated On Site Off Street Unpaved
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 2
Lot Size Area 49658
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 2736
Lot Size Acres 1.14
Road Surface Type Unimproved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
West Capital Real Estate

Broker

vaguila@westcaprealestate.com

Email

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$2,709
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$439,900 Listed Price

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11389 Lee, Adelanto, CA, 92301 is a Multi-Family Home for sale at $439,900 with 2,736 sqft and a lot size of 1.14. 11389 Lee is a studio with 1.0 baths and was built in 1956. The property's zip code is 92301 which is in Adelanto, CA