11389 Lee Ave Adelanto, CA 92301
Estimated payment $2,909/month
Highlights
- 1.14 Acre Lot
- Built-In Features
- Laundry Room
- Open Floorplan
- Park
- Accessible Parking
About This Home
Discover a Prime Investment Opportunity on Over 1 Acre in Adelanto. Elevate your portfolio with this unique fourplex situated on a sprawling, level lot of over 43,000 square feet. Offering a blend of current stability and future growth potential, this property is a versatile find for the savvy investor or an owner-occupant seeking a spacious multi-unit compound. Constructed with durable block and brick, these residences provide a solid foundation. Move-In Ready & Updated: The rear building features two extensively renovated units. This includes a 3-bedroom residence and a 1-bedroom unit, both featuring open floor plans and practical tile and vinyl flooring. The front building houses two additional 1-bedroom units, providing a consistent multi-unit layout. Expansion Potential: The true value is in the land. With over an acre of space, there is significant room to explore the addition of an ADU or further residential development (buyer to verify all permits, zoning, and usage with City of Adelanto). This "value-add" property offers ample outdoor space and numerous possibilities for growth. Key Features:
Parking & Security: A long driveway leads to a detached garage and extensive on-site private parking.
Prime Location: Quick access to Highway 395 and I-15; minutes from local schools and shopping.
Flexible Financing: Supports 1031 Exchange, FHA, VA, and Conventional loan options. Secure a high-potential asset in a growing area. Don't miss out on this incredible opportunity!
Listing Agent
Real Broker Brokerage Phone: 626-654-4302 License #02340663 Listed on: 12/19/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 1.14 Acre Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
- Interior Block Wall
- No Roof
Interior Spaces
- 2,736 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Accessible Home Design
- Accessible Parking
Utilities
- Central Heating
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 91
- Assessor Parcel Number 0459253110000
- $627 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Recreation
- Park
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $20,760
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,135 | $459,753 | $93,636 | $366,117 |
| 2024 | $5,135 | $450,738 | $91,800 | $358,938 |
| 2023 | $1,675 | $147,284 | $11,783 | $135,501 |
| 2022 | $1,644 | $144,396 | $11,552 | $132,844 |
| 2021 | $1,742 | $141,564 | $11,325 | $130,239 |
| 2020 | $1,709 | $140,113 | $11,209 | $128,904 |
| 2019 | $1,698 | $137,365 | $10,989 | $126,376 |
| 2018 | $1,717 | $134,672 | $10,774 | $123,898 |
| 2017 | $1,667 | $132,032 | $10,563 | $121,469 |
| 2016 | $1,635 | $129,443 | $10,356 | $119,087 |
| 2015 | $1,575 | $125,000 | $10,000 | $115,000 |
| 2014 | $1,560 | $125,000 | $10,000 | $115,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/19/2025 12/19/25 | For Sale | $475,000 | +7.7% | $174 / Sq Ft | |
| 04/28/2023 04/28/23 | Sold | $441,000 | -2.0% | $161 / Sq Ft | View Prior Sale |
| 08/27/2022 08/27/22 | For Sale | $449,900 | +259.9% | $164 / Sq Ft | |
| 02/28/2014 02/28/14 | Sold | $125,000 | +26.3% | $46 / Sq Ft | View Prior Sale |
| 01/13/2014 01/13/14 | Pending | -- | -- | -- | |
| 06/28/2013 06/28/13 | For Sale | $99,000 | -- | $36 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Old Republic Title | |
| Grant Deed | $442,000 | Old Republic Title | |
| Grant Deed | $125,000 | Fidelity National Title Co | |
| Grant Deed | $310,000 | United Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $353,520 | New Conventional | |
| Previous Owner | $122,735 | FHA | |
| Previous Owner | $248,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25278347
APN: 0459-253-11
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