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$ 439,900
Est. payment | /mo
6 Beds
4 Baths
1.14 Acres Lot
$ 439,900
Est. payment | /mo
6 Beds
4 Baths
1.14 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26113769
Bedrooms 6
Lot Size 1.140 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Investor Alert: In-place income 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 $2,089). Unit 2 (1BR/1BA): Vacant, light rehab completed April 2026, move-in ready (projected market rent $1,194). Unit 3 (1BR/1BA): Vacant and rental-ready (projected market rent $1,194). Unit 4 (1BR/1BA): Occupied at $680/month, well below market. Projected rents are estimates, not guarantees. Value-Add & Property Features: Separate electric and gas meters keep landlord utility expenses low; shared water/trash; septic system. Over 1 full acre of flat, usable land under flexible MU zoning, plus a detached garage ideal for a potential ADU conversion or room for additional income-generating units buyer to verify all permitted uses and expansion potential with the City of Adelanto. Property sold strictly AS-IS. Seller prefers cash or 1031 exchange for a fast close but will consider strong conventional financing. Investor summary, rent roll & pro forma, NHD report, and third-party zoning analysis available in MLS supplements. Information deemed reliable but not guaranteed; buyer to verify all.
Location
State CA
County San Bernardino
Zoning Assessor
Direction North on 395 Hwy, West on Bartlett Ave, North on Delicious St, West on Lee ave
Interior
Cooling Swamp Cooler(s)
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0459253110000
Acceptable Financing Cash, Conventional, Exchange, VA
Listing Terms Cash, Conventional, Exchange, VA
Listed by Victorea Aguila, DRE#02340663 West Capital Real Estate
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