11389 Lee Ave Adelanto, CA 92301
Estimated payment $3,543/month
Total Views
4,085
6
Beds
4
Baths
2,736
Sq Ft
$208
Price per Sq Ft
Highlights
- RV Access or Parking
- End Unit
- Laundry Room
- 1.14 Acre Lot
- Evaporated cooling system
- 3 Car Garage
About This Home
Fantastic Investment Opportunity! Own a 4 Unit Income Property on over 1+ Acre of Land in the Expanding High Desert Market! This Fourplex Features Three 1-bedroom, 1-bathroom units (approx. 600 SqFt each) and one spacious 3-bedroom, 1-bathroom unit (approx. 960 SqFt). Front Duplex: Two 1-bedroom, 1-bathroom units. Back Duplex: One 1-bedroom, 1-bathroom unit, plus a spacious 3-bedroom, 1-bathroom unit. Solid Masonry Construction Ensures Lasting Durability and Lower Maintenance. Two units have been Upgraded, 2 Units have Newer Windows. Ample Parking on this Large 1 Acre Lot along with A detached 3-car garage that Provides Additional tenant Storage or Potential for Future ADU Conversion (buyer to verify). Situated on a flat 1-acre lot, this property offers ample room for Expansion or Development of Additional Units (buyer to verify with city). Ideal for investors seeking Value-Add Opportunities or Owner-Occupants Looking to House-Hack while Building Equity. Conveniently located near Schools, Shopping, and HWY 395, this property is in a High-Demand Rental Area!!
Listing Agent
Berkshire Hathaway HomeService Brokerage Email: joannasales365@gmail.com License #01964182 Listed on: 04/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,135
Year Built
- Built in 1956
Lot Details
- 1.14 Acre Lot
- End Unit
- 1 Common Wall
- Rectangular Lot
- Level Lot
Parking
- 3 Car Garage
- 8 Open Parking Spaces
- Parking Available
- Shared Driveway
- RV Access or Parking
Home Design
- Quadruplex
Interior Spaces
- 2,736 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Utilities
- Evaporated cooling system
- Wall Furnace
- Conventional Septic
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 91
- Assessor Parcel Number 0459253110000
- $627 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $2,674
- Trash Expense $2,172
- Operating Expense $4,847
- Gross Income $20,760
- Net Operating Income $10,760
Map
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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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | For Sale | $569,000 | +29.0% | $208 / Sq Ft |
| 04/28/2023 04/28/23 | Sold | $441,000 | -2.0% | $161 / Sq Ft |
| 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 |
| 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 | $121,718 | FHA | |
| Previous Owner | $122,735 | FHA | |
| Previous Owner | $248,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Adelanto, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD25093146
APN: 0459-253-11
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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