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$1,500,000
Est. payment /mo
9,180 SqFt
Active Under Contract
11941 Lee Avenue Adelanto, CA 92301
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,180 sqft
Price per Sqft $163
MLS Listing ID IV-25046378
Year Built 1982
Lot Size 0.889 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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
Location
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Laundry None
Exterior
Garage Spaces 9.0
Pool None
Community Features Suburban
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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