Property listed by LE INVESTMENT GROUP, DARREN CORREA 909-256-7889
Situated in the rapidly growing High Desert region, 11941 Lee Ave offers a compelling investment opportunity in Adelanto’s 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
Situated in the rapidly growing High Desert region, 11941 Lee Ave offers a compelling investment opportunity in Adelanto’s 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
Multifamily
Apartment
1982
2
--
0.89
Active
28
-- Sq. Ft.
38,720 Sq. Ft.
Location
- No
- None
- None
- 9
- SixToTenUnitsAcre
- Public
- 0459163040000
DARREN CORREA
LE INVESTMENT GROUP
San Bernardino
IV25046378
Average List Price
$375,530
3%
Average Sale Price
$376,726
4%
Days on Market
95
5%
Homes Sold
53
16%
Median List Price
$384,000
2%
Median Sale Price
$385,000
4%
Sale/Price Ratio
100%
1%
Homes for Sale
78
17%
Based on information from California Regional Multiple Listing Service, Inc. as of 03/31/2025 11:28 PM 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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