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For sale
  • Listed by: West Capital Real Estate • Victorea Aguila • Contact: 949-570-8981
    Price cut: $129.1K (5/27)
    $439,900

    11389 Lee Ave, Adelanto, CA 92301

    6beds
    4baths
    2,736sqft
    : 
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    Quadruplex
    Built in 1956
    -- sqft lot
    $433,900 Zestimate®
    $161/sqft
    $-- HOA

    What's special

    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
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Victorea Aguila DRE #02340663 626-664-3561,

    West Capital Real Estate

    Source: CRMLS,MLS#: OC26113769MLS LogoOriginating 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

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Adelanto

      Financial & listing details

      • Price per square foot: $161/sqft
      • Tax assessed value: $459,753
      • Annual tax amount: $5,497
      • Date on market: 5/27/2026
      • Cumulative days on market: 55 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA 203(k),VA Loan
      • Tenant pays: Cable TV, Electricity, Gas
      • Road surface type: Unimproved

        Estimated market value

        $433,900

        $412,000 - $456,000

        $1,762/mo

        Price history

        DateEventPrice
        5/27/2026Price change$439,900-22.7%$161/sqft
        Source: CRMLS #OC26113769 Report a problem
        4/30/2025Price change$569,000-5.2%$208/sqft
        Source: Berkshire Hathaway California Properties #HD25093146 Report a problem
        1/24/2025Price change$599,990-7.7%$219/sqft
        Source: CRMLS #IG24211166 Report a problem
        10/11/2024Listed for sale$649,990+47.1%$238/sqft
        Source: CRMLS #IG24211166 Report a problem
        4/27/2023Sold$442,000-1.8%$162/sqft
        Source: Public Record Report a problem
        3/16/2023Contingent$449,900$164/sqft
        Source: CRMLS #CV22189160 Report a problem
        8/27/2022Listed for sale$449,900+30%$164/sqft
        Source: CRMLS #CV22189160 Report a problem
        6/9/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/21/2022Listed for rent$1,250+57.2%
        Source: Zillow Rental Manager Report a problem
        8/7/2020Listing removed$346,000$126/sqft
        Source: KELLER WILLIAMS/VICTOR VALLEY #IV20069784 Report a problem
        3/19/2020Price change$346,000-0.3%$126/sqft
        Source: Keller Williams Victor Valley #521422 Report a problem
        1/24/2020Price change$347,000-0.6%$127/sqft
        Source: Keller Williams Victor Valley #521422 Report a problem
        9/24/2019Price change$349,000-3.1%$128/sqft
        Source: Keller Williams Victor Valley #517363 Report a problem
        9/6/2019Listed for sale$360,000+188%$132/sqft
        Source: Keller Williams Victor Valley #517363 Report a problem
        10/9/2018Listing removed$795
        Source: Owner Report a problem
        10/8/2018Listed for rent$795
        Source: Owner Report a problem
        2/28/2014Sold$125,000$46/sqft
        Source: Public Record Report a problem
        9/17/2013Listed for sale$125,000$46/sqft
        Source: Realty Executives Experts #CV13126016 Report a problem
        8/15/2013Pending sale$125,000$46/sqft
        Source: Realty Executives Experts #CV13126016 Report a problem
        8/12/2013Price change$125,000+26.3%$46/sqft
        Source: Realty Executives Experts #CV13126016 Report a problem
        6/30/2013Price change$99,000-0.9%$36/sqft
        Source: Realty Executives Experts #CV13126016 Report a problem
        6/10/2013Listed for sale$99,900$37/sqft
        Source: Victor Valley Real Estate #430099 Report a problem
        3/16/2013Listing removed$99,900$37/sqft
        Source: Victor Valley Real Estate #420772 Report a problem
        9/16/2012Listed for sale$99,900-67.8%$37/sqft
        Source: Victor Valley Real Estate #420772 Report a problem
        12/14/2007Sold$310,000$113/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,497 +7%$459,753 +2%
        2024$5,135 +206.6%$450,738 +206%
        2023$1,675 +1.9%$147,284 +2%
        2022$1,644 -5.6%$144,396 +2%
        2021$1,742 +1.9%$141,564 +1%
        2020$1,709 +0.7%$140,113 +2%
        2019$1,698 -1.1%$137,365 +2%
        2018$1,717 +3%$134,672 +2%
        2017$1,667 $132,032 +2%
        2016$1,667 +2%$129,443 +3.6%
        2015$1,635 +3.8%$125,000
        2014$1,575 $125,000 +31.6%
        2013-- $95,000 +31.9%
        2012-- $72,000
        2011-- $72,000
        2010-- $72,000 -77.2%
        2009-- $316,200 +2%
        2008-- $310,000 +119.3%
        2007-- $141,358 +2%
        2006-- $138,586 +2%
        2005-- $135,868 +2%
        2004-- $133,204 +1.9%
        2003-- $130,763 +2%
        2002-- $128,199 +2%
        2001-- $125,685 +2%
        2000-- $123,221
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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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        Climate risks

        Neighborhood: 92301

        Getting around

        43 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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