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$ 1,500,000
Est. payment /mo
Active
11941 Lee Avenue Adelanto, CA 92301
5 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25046378
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Situated in the rapidly growing High Desert region, 11941 Lee Ave offers a compelling investment opportunity in Adelantos 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
Zoning Public Rec
Direction From US-395, head west on Palmdale Rd, turn right on Bellflower St, then left on Lee Aveproperty is on the right.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 0459163040000
Acceptable Financing Conventional
Listing Terms Conventional
Listed by DARREN CORREA LE INVESTMENT GROUP