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11389 Lee Avenue

Adelanto, CA 92301
  • $649,990
  • STATUS: ACTIVE
  • ON SITE: 18 Days
  • ID#: IG24211166
UPDATED: 42 min ago
$649,990
  • 6
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

ATTENTION: First time investors and portfolio builders! This is your opportunity to own a fourplex with huge potential. So many options with this property, as you could occupy one unit while renting the other 3, or just rent all 4! This property has 3 structures: 2 duplexes, and 1 detached garage. The front structure has 2 units, 1bed/1bath at 600sqft each, the back structure features a 1bed/1bath at 600sqft, and a 3bed/1bath at 960sqft! There is a detached garage that could be utilized for tenant storage or parking! The 2 vacant units have been renovated and are move in ready! And check out the size of this lot, at just over an acre! This huge lot gives you many upgrade options to maximize your investment! This property has loads of potential, call today! ATTENTION: First time investors and portfolio builders! This is your opportunity to own a fourplex with huge potential. So many options with this property, as you could occupy one unit while renting the other 3, or just rent all 4! This property has 3 structures: 2 duplexes, and 1 detached garage. The front structure has 2 units, 1bed/1bath at 600sqft each, the back structure features a 1bed/1bath at 600sqft, and a 3bed/1bath at 960sqft! There is a detached garage that could be utilized for tenant storage or parking! The 2 vacant units have been renovated and are move in ready! And check out the size of this lot, at just over an acre! This huge lot gives you many upgrade options to maximize your investment! This property has loads of potential, call today!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/156733689
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11389 Lee Avenue Adelanto, CA 92301

  • Price: $649,990
  • Status: ACTIVE
  • On Site: 18 Days
  • Updated: 42 min ago
  • ID#: IG24211166
6
Beds
0
Baths
0
½ Baths
1.14
Acres
Neighborhood:
Adelanto (92301)
County:
San Bernardino
Area:
Adelanto (92301)
Property Description
ATTENTION: First time investors and portfolio builders! This is your opportunity to own a fourplex with huge potential. So many options with this property, as you could occupy one unit while renting the other 3, or just rent all 4! This property has 3 structures: 2 duplexes, and 1 detached garage. The front structure has 2 units, 1bed/1bath at 600sqft each, the back structure features a 1bed/1bath at 600sqft, and a 3bed/1bath at 960sqft! There is a detached garage that could be utilized for tenant storage or parking! The 2 vacant units have been renovated and are move in ready! And check out the size of this lot, at just over an acre! This huge lot gives you many upgrade options to maximize your investment! This property has loads of potential, call today! ATTENTION: First time investors and portfolio builders! This is your opportunity to own a fourplex with huge potential. So many options with this property, as you could occupy one unit while renting the other 3, or just rent all 4! This property has 3 structures: 2 duplexes, and 1 detached garage. The front structure has 2 units, 1bed/1bath at 600sqft each, the back structure features a 1bed/1bath at 600sqft, and a 3bed/1bath at 960sqft! There is a detached garage that could be utilized for tenant storage or parking! The 2 vacant units have been renovated and are move in ready! And check out the size of this lot, at just over an acre! This huge lot gives you many upgrade options to maximize your investment! This property has loads of potential, call today!
Exterior Features

Pool N/K

Interior Features

Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 6.1 Annual Expense Actual 8926 Buildings 3 Cfd Mello Roos Fee 202.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 21120 Monthly Total Fees 16 Sewer Septic Septic Installed Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 615.0 Unit2 Rent Actual 980.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Nicholas Barnes of CALIFORNIA LIFE PROPERTIES: 760-646-5149. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128