$6,995,000
$205K PRICE DROP

18335 Montezuma St Adelanto, CA 92301

Adelanto Area

Estimated payment $39,318/month

Total Views 1,308
3 Beds
3 Baths
27,888 Sq Ft
$251 Price per Sq Ft

Highlights

  • 2.22 Acre Lot
  • Bike Trail
  • 1-Story Property
  • Happy Hollow Elementary School Rated A-
  • Laundry Facilities

About This Home

A well kept 48 unit apartment complex in the growing city of Adelanto, California is now avaliable. The apartment consists of a unit mix of (14) 2bed/1bath, (33) 1bed/1bath, and (1) Studio. The building was constructed in 1986 and the overall building square footage is approx 27,888 according to public records. The tenant parking is gated and has covered parking with carports. The complex is one story and sits on a lot approx 96,702 square feet or 2.22 acres. This apartment is conveniently located within a five minute drive of a shopping center named "Adelanto Marketplace" that consists of stores such as Stater Bros Markets, Starbucks, US Bank, Del Taco, Bakin Robbins Ice Cream, Denny's, Bank of America, Chase Bank, Little Caesars Pizza, Carl's Jr, KFC, Walmart, Panda Express, Dollar Tree, Wingstop, Walgreens, Lee's Schwab Tires, Chipotle, Mc Donalds and many more!

Listing Agent

Charly Ubaldo

KW Mojave Brokerage Phone: 213-527-0450 License #02088736 Listed on: 05/14/2026

KW Mojave

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 2.22 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre
  • 0459-142-38-0000, 0459-142-48-0000

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 27,888 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 0459142380000
  • $1 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 48 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 48 Separate Electric Meters
  • 48 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $40,800
  • Professional Management Expense $17,280
  • Trash Expense $20,159
  • Water Sewer Expense $36,000
  • Operating Expense $288,119
  • Net Operating Income $442,907

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

2.22 Acres

Listing Details

  • Professional Management Expense: 17280.00
  • Property Attached: Yes
  • Water Sewer Expenses: 36000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0459142380000
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 250.82

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 20159.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 0459-142-38-0000, 0459-142-48-0000
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 96702.00
  • Lot Size Acres: 2.2200

Multi Family

  • Gross Scheduled Income: 730344.00
  • Insurance Expense: 40800.00
  • Lot Size Area: 96702.0000 Square Feet
  • Net Operating Income: 442907.00
  • Number Of Separate Electric Meters: 48
  • Number Of Separate Gas Meters: 48
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 48
  • Operating Expense: 288119.00
  • Rent Control: No
  • Total Expenses: 288119.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $10,468 $904,950 $58,011 $846,939
2025 $10,468 $887,206 $56,874 $830,332
2024 $9,772 $869,810 $55,759 $814,051
2023 $9,681 $852,755 $54,666 $798,089
2022 $9,502 $836,034 $53,594 $782,440
2021 $10,069 $819,641 $52,543 $767,098
2020 $9,882 $811,236 $52,004 $759,232
2019 $9,815 $795,329 $50,984 $744,345
2018 $9,927 $779,734 $49,984 $729,750
2017 $9,637 $764,445 $49,004 $715,441
2016 $9,452 $749,456 $48,043 $701,413
2015 $9,104 $738,198 $47,321 $690,877
2014 $9,021 $723,738 $46,394 $677,344
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
07/10/2026 07/10/26 Price Changed $6,995,000 -2.8% $251 / Sq Ft
05/14/2026 05/14/26 For Sale $7,200,000 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 Type Sale Price Title Company
Grant Deed -- Accommodation
Grant Deed -- First American
Trustee Deed $799,500 First American Title
Grant Deed $84,500 First American Title Ins Co
Grant Deed $29,000 First American Title Ins Co
Grant Deed $105,500 First American Title Ins Co
Grant Deed $53,000 First American Title Ins Co
Grant Deed $50,000 First American Title Ins Co
Grant Deed $21,500 First American Title Ins Co
Grant Deed $53,000 First American Title Ins Co
Grant Deed $53,000 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 Loan Amount Loan Type
Previous Owner $2,133,000 Commercial
Previous Owner $998,400 Seller Take Back
Previous Owner $305,000 Commercial
Previous Owner $750,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26105972

California Regional Multiple Listing Service (CRMLS)
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