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Listed by West Capital Real Estate, Victorea Aguila, Listing Contact: 626-664-3561 
6 Beds
4 Baths

$439,900

11389 Lee, Adelanto CA, 92301

Property typeMulti-family

Overview

Active

Listed May 27, 2026

Updated 11 days ago

Investor Alert: In-place󠃍󠂏󠃢󠂁󠂤󠃢󠂁󠂣󠃢󠂁󠂢󠃢󠂁󠂡󠃢󠂁󠂢 income with massive pro forma upside and development flexibility. This 4-unit income property sits on approx. more than over half an acre lot ( 27,300 sq ft) 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, sold as-is (projected market rent $2,089). Unit 2 (1BR/1BA): Vacant, light rehab completed April 2026, sold as-is (projected market rent $1,194). Unit 3 (1BR/1BA): Vacant and sold as-is (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. Features 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. NHD report and third-party zoning analysis available in MLS supplements. Information deemed reliable but not guaranteed; buyer to verify all.

$2,927/mo

Est. mortgage payment based on a $439,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26113769

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.63 Acres

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Data last updated 4:13 AM UTC, 9/26/2026

   

 

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