$475,000

11389 Lee Ave Adelanto, CA 92301

Estimated payment $2,909/month

Total Views 621
6 Beds
4 Baths
2,736 Sq Ft
$174 Price per Sq Ft

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

Victorea Aguila

Real Broker Brokerage Phone: 626-654-4302 License #02340663 Listed on: 12/19/2025

Real Broker

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • View: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0459253110000
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Built-in Features, Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Accessibility Features: Parking
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 173.61
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: None
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 49658.00
  • Lot Size Acres: 1.1400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 20760.00
  • Gross Scheduled Income: 20760.00
  • Lot Size Area: 49658.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 1730.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 91.31
  • TaxOtherAnnualAssessmentAmount: 627.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25278347

California Regional Multiple Listing Service (CRMLS)

APN: 0459-253-11