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$1,800,000
Est. payment /mo
0.95 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25115074
HOA Y/N No
Year Built 1982
Lot Size 0.950 Acres
Property Sub-Type Duplex
Property Description
An exciting opportunity to acquire a 10-unit portfolio comprised of five separately parceled duplexes in Adelanto, CA. Built in 1982, this single-story, low-maintenance portfolio spans nearly one acre and features an attractive mix of 2-bedroom, 1-bathroom units, each approximately 900 SF. The properties are currently operating at a 6.33% CAP rate with immediate rental upside, supporting a pro forma CAP of 6.83%. With tenants responsible for utilities, a stable rent roll, and straightforward management, this offering provides strong in-place cash flow and long-term appreciation in one of the High Desert's fastest-growing rental markets. Parcel Numbers: 0459-161-53, 0459-161-54, 0459-161-55, 0459-161-56, 0459-161-57
Location
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Suburban, Urban
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 0459161530000
Energy Description 3150.0
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840
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