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.
55 days
|
417
|
28
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Victorea AguilaDRE #02340663626-664-3561,
West Capital Real Estate
Source: CRMLS,MLS#: OC26113769Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Rooms
Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Features: Main Level Primary
Bedroom
Features: Bedroom on Main Level
Heating
Wall Furnace
Cooling
Evaporative Cooling
Appliances
Included: Freezer, Gas Range, Microwave, Refrigerator
Laundry: Washer Hookup, Gas Dryer Hookup
Features
Beamed Ceilings, Ceiling Fan(s), Unfurnished, Bedroom on Main Level, Main Level Primary
Flooring: Vinyl
Windows: Screens
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 2,736
Total interior livable area: 2,736 sqft
Property
Parking
Total spaces: 2
Parking features: Driveway, Gated, On Site, Off Street, Unpaved
Garage spaces: 2
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Entry location: Ground
Pool features: None
Spa features: None
Fencing: Chain Link,Wood
Has view: Yes
View description: None
Lot
Size: 1.14 Acres
Features: 0-1 Unit/Acre
Details
Parcel number: 0459253110000
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Block, Concrete
Foundation: Slab
Roof: Flat
Condition
Updated/Remodeled
New construction: No
Year built: 1956
Utilities & green energy
Sewer: Septic Type Unknown
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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