11389 Lee AVE, Adelanto, CA 92301 (MLS # OC26113769)

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PRICE $439,900 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,736 sqft
LOT SIZE 1.14 ac

Investor Alert: Immediate cash flow with massive pro-forma upside and development flexibility. This 4-unit income property sits on a flat, usable 1.14-acre lot in Adelanto, featuring rare Mixed-Use (MU) zoning that opens the door for future expansion, higher-density residential additions, or a live-work commercial play. The Units & Income Potential:Unit 1 (3BR/1BA): Vacant. Light rehab completed April 2026. Move-in ready. (Projected Market Rent: $2089). Unit 2 (1BR/1BA): Vacant. Light rehab completed April 2026. Move-in ready. (Projected Market Rent: $1194). Unit 3 (1BR/1BA): Vacant and rental-ready. (Projected Market Rent: $1194). Unit 4 (1BR/1BA): Occupied. Current rent is $680, well below market value. Value-Add & Property Features: Utilities: Separate electric and gas meters (keeps landlord utility expenses low). Shared water/trash. Property functions on a septic system. The Lot: Over 1 full acre of flat, usable land under highly flexible Mixed Use (MU) zoning. Includes a detached garage ideal for an ADU conversion or ample yard space for adding more income-generating units (buyer to verify permitted expansion uses with City of Adelanto). Property sold strictly AS-IS. Seller strongly prefers Cash or 1031 Exchange for a fast close, but will consider strong conventional financing. Information deemed reliable but not guaranteed; buyer to verify all details.

DAYS ON MARKET 27 LAST UPDATED 5/27/2026
YEAR BUILT 1956 COMMUNITY ADL - Adelanto
GARAGE SPACES 2.0 COUNTY San Bernardino
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Evaporative Cooling
AIR CONDITIONING Yes
APPLIANCES Freezer, Gas Range, Microwave, Refrigerator
AREA ADL - Adelanto
CONSTRUCTION Block, Concrete
GARAGE Yes
HEAT Wall Furnace
INTERIOR Beamed Ceilings, Ceiling Fan(s), Master Downstairs
LOT 1.14 acre(s)
LOT DIMENSIONS 49658
PARKING Driveway, Gated, On Site, Off Street, Unpaved
POOL DESCRIPTION None
SEWER Septic Tank
STORIES 1
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected
VIEW DESCRIPTION None
WATER Public
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Listed with West Capital Real Estate

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. as of 6/21/26 12:50 AM PDT 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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