Seller's Agent in 2026
Darren Correa
LE INVESTMENT GROUP
(909) 256-7889
2 in this area
20 Total Sales
11941 Lee Ave Adelanto, CA 92301
5
Beds
--
Bath
9,180
Sq Ft
0.89
Acres 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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| 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
| 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 | $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
-
Tony Janowicz
Buyer's Agent in 2026
Tony Janowicz
Real Broker
(714) 660-2122
1 in this area
23 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
Nearby Homes
- 11950 Lee Ave
- 11937 Lee Ave
- 0 Yates Ave Unit HD25137226
- 12013 Lee Ave
- 11850 Lee Ave
- 12037 Lee Ave
- 11895 White Ave
- 11986 White Ave
- 12048 Sand Ave
- 12050 Sand Ave
- 12052 Sand Ave
- 11800 White Ave
- 12023 Chamberlaine Way
- 12025 Chamberlaine Way
- 12006 Bartlett Ave
- 16454 Adelanto Rd
- 11741 White Ave
- 11957 Bartlett Ave
- 0 E Avenue C Unit 24-471301
- 11754 Hardy Ave
Your Personal Tour Guide
Ask me questions while you tour the home.