11389 Lee, Adelanto, CA 92301

Adelanto
Local realty services provided by:ERA Donahoe Realty
11389 Lee,Adelanto, CA 92301
$439,900
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: victorea aguila
Office: west capital real estate
MLS#:OC26113769
Source:San Diego MLS via CRMLS

Price summary

  • Price:$439,900

About this home

Investor Alert: In-place income 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 $2,089). Unit 2 (1BR/1BA): Vacant, light rehab completed April 2026, move-in ready (projected market rent $1,194). Unit 3 (1BR/1BA): Vacant and rental-ready (projected market rent $1,194). Unit 4 (1BR/1BA): Occupied at $680/month, well below market. Projected rents are estimates, not guarantees. Value-Add & Property Features: Separate electric and gas meters keep landlord utility expenses low; shared water/trash; septic system. Over 1 full acre of flat, usable land under flexible MU zoning, plus a detached garage ideal for a potential ADU...

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Home facts

  • Listing ID #:OC26113769
  • Added:77 day(s) ago
  • Updated:August 13, 2026 at 02:11 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4

Heating and cooling

  • Cooling:Swamp Cooler(s)

Structure and exterior

  • Construction Materials:Block
  • Levels:1 Story

Finances and disclosures

  • Price:$439,900
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