April Love
Coldwell Banker Home Source
(760) 493-2566
129 Total Sales
3 in Adelanto
$245K - $330K Price Range
11941 Lee Ave Adelanto, CA 92301
Adelanto Area
5
Beds
--
Bath
9,180
Sq Ft
0.89
Acre Lot
About This Home
As of March 2026Situated in the rapidly growing High Desert region, 11941 Lee Ave offers a compelling investment opportunity in Adelanto’s expanding rental market. This well-maintained 9-unit apartment complex, built in 1982, sits on 0.89 acres and features a diverse unit mix catering to a wide range of tenants. The property includes six 2-bedroom, 2-bathroom units, each with a private garage, and three 3-bedroom, 2-bathroom units, providing ample living space. Residents enjoy scenic desert and mountain views, along with convenient access to major highways, shopping, and local amenities. With separately metered gas and electric, utility expenses are easily managed. Located in a business-friendly city with strong economic growth, this property presents an excellent opportunity for steady rental income and long-term appreciation. DRIVE BY ONLY - DO NOT DISTURB TENANTS
Last Agent to Sell the Property
LE INVESTMENT GROUP Brokerage Phone: 714-310-2840 License #02066621 Listed on: 03/03/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1982
Lot Details
- 38,720 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 9 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 9,180 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 18 / A
- Tax Tract Number 1914
- Assessor Parcel Number 0459163040000
- $1,138 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 9 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,234
- Fuel Expense $3,234
- Insurance Expense $6,876
- Professional Management Expense $6,635
- Trash Expense $3,234
- Water Sewer Expense $3,234
- Operating Expense $54,721
- Gross Income $163,680
- Net Operating Income $100,775
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2025
Closed on
Mar 31, 2026
Sold by
Bought by
Seller's Agent
Darren Correa
LE INVESTMENT GROUP
Buyer's Agent
Tony Janowicz
Real Broker
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 3, 2025
Closed on
Mar 3, 2026
Sold by
Bought by
Seller's Agent
Darren Correa
LE INVESTMENT GROUP
Buyer's Agent
Tony Janowicz
Real Broker
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 12, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 23, 2012
Sold by
Bought by
Purchase Details
Closed on
Oct 20, 2012
Sold by
Bought by
Purchase Details
Closed on
Aug 20, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 24, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 28, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 7, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 27, 2000
Sold by
Bought by
Purchase Details
Closed on
Feb 3, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
8.06%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Adelanto, CA
-
April Love
-
MEGANN CENTENO
MEGANN CENTENO
OMEGA REAL ESTATE
(951) 339-3935
319 Total Sales
1 in Adelanto
$342,000 Price
-
Nina Erbst
Nina Erbst
Responds QuicklyKELLER WILLIAMS REALTY
(442) 255-0168
102 Total Sales
1 in Adelanto
$335,000 Price
-
Gil Wenck
Gil Wenck
SolTerra Estates & Lending Inc
(657) 300-5526
33 Total Sales
1 in Adelanto
$294,000 Price
-
Sasha Barber
Sasha Barber
Responds QuicklyGuided Realty
(714) 361-1553
9 Total Sales
1 in Adelanto
$2,100,000 Price
-
PAMELA SHEEHAN
PAMELA SHEEHAN
Century 21 Masters
(909) 296-4566
91 Total Sales
2 in Adelanto
$35,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,400,000 | Chicago Title | ||
| -- | Chicago Title Company | ||
| $750,000 | Chicago Title Company | ||
| $265,000 | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | Fnt | ||
| $215,000 | Fnt | ||
| $220,000 | None Available | ||
| -- | Fidelity Nationaltitle Vannu | ||
| -- | Fidelity National Title Co | ||
| -- | -- | ||
| $103,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,050,000 | ||
| Closed | $1,050,000 | ||
| Closed | $562,500 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $900,000 | ||
| Previous Owner | $438,000 | ||
| Previous Owner | $180,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $118,000 | ||
| Previous Owner | $118,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2026 03/17/26 | Sold | $1,400,000 | -6.7% | $153 / Sq Ft | |
| 11/10/2025 11/10/25 | Pending | -- | -- | -- | |
| 03/03/2025 03/03/25 | For Sale | $1,500,000 | +100.0% | $163 / Sq Ft | |
| 10/05/2018 10/05/18 | Sold | $750,000 | -6.1% | $379 / Sq Ft | View Prior Sale |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- | |
| 06/05/2018 06/05/18 | For Sale | $799,000 | -- | $404 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,999 | $853,373 | $170,676 | $682,697 |
| 2025 | $9,999 | $836,640 | $167,329 | $669,311 |
| 2024 | $9,341 | $820,235 | $164,048 | $656,187 |
| 2023 | $9,252 | $804,152 | $160,831 | $643,321 |
| 2022 | $9,081 | $788,384 | $157,677 | $630,707 |
| 2021 | $9,613 | $772,925 | $154,585 | $618,340 |
| 2020 | $9,436 | $765,000 | $153,000 | $612,000 |
| 2019 | $9,371 | $274,874 | $32,013 | $242,861 |
| 2018 | $3,447 | $269,484 | $31,385 | $238,099 |
| 2017 | $3,346 | $264,200 | $30,770 | $233,430 |
| 2016 | $3,282 | $259,020 | $30,167 | $228,853 |
| 2015 | $3,161 | $255,129 | $29,714 | $225,415 |
| 2014 | $3,132 | $250,131 | $29,132 | $220,999 |
Source: Public Records
Agents Affiliated with this Home
-
Darren Correa
Seller's Agent in 2026
Darren Correa
LE INVESTMENT GROUP
(909) 256-7889
20 Total Sales
-
Tony Janowicz
Buyer's Agent in 2026
Tony Janowicz
Real Broker
(714) 660-2122
24 Total Sales
-
J
Seller's Agent in 2018
Jason Lamoreaux
COLDWELL BANKER COMMERCIAL RE
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25046378
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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