11389 Lee, Adelanto, CA 92301
Local realty services provided by:ERA North Orange County Real Estate
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: 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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Home facts
- Listing ID #:OC26113769
- Added:22 day(s) ago
- Updated:June 19, 2026 at 02:13 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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