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11941 Lee Avenue

Adelanto, CA 92301
  • $1,500,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: IV25046378
$1,500,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:

School Ratings & Info

Listing Agent(s): Darren Correa of LE INVESTMENT GROUP (909-256-7889)


Description

Situated in the rapidly growing High Desert region, 11941 Lee Ave offers a compelling investment opportunity in Adelantos 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

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161039475
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11941 Lee Avenue Adelanto, CA 92301

  • Price: $1,500,000
  • Status: Active
  • On Site: 12 Days
  • ID#: IV25046378
0
Beds
0
Baths
0
½ Baths
0.89
Acres
1982
Built
Neighborhood:
ADL - Adelanto
County:
San Bernardino
Area:
ADL - Adelanto
Property Description
Situated in the rapidly growing High Desert region, 11941 Lee Ave offers a compelling investment opportunity in Adelantos 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
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Suburban Electric Expense 3234 Fuel Expense 3234 Garage YN Yes Gross Income 163680 Gross Scheduled Income 163680 Insurance Expense 6876 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 100775 New Construction YN No Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 54721 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3234 Water Sewer Expense 3234 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Darren Correa of LE INVESTMENT GROUP (909-256-7889)