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Sold for $1,400,000
  • Listed by: LE INVESTMENT GROUP • DARREN CORREA • Contact: 909-256-7889
    Bought with: Real Broker
    $1,400,000

    11941 Lee Ave, Adelanto, CA 92301

    21beds
    --baths
    9,180sqft
    Multi Family
    Built in 1982
    -- sqft lot
    $1,387,500 Zestimate®
    $153/sqft
    $1,911 Estimated rent

    Home value

    $1,387,500

    $1.26M - $1.53M

    $1,911/mo

    Zestimate® history
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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    DARREN CORREA DRE #02066621 714-310-2840,

    LE INVESTMENT GROUP

    Bought with:

    Anthony Janowicz, DRE #02116340

    Real Broker

    Source: CRMLS,MLS#: IV25046378MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 9,180
    • Total interior livable area: 9,180 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage
    • Garage spaces: 9
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.89 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 0459163040000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Adelanto

    Financial & listing details

    • Price per square foot: $153/sqft
    • Date on market: 3/3/2025
    • Cumulative days on market: 252 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    3/17/2026Sold$1,400,000-6.7%$153/sqft
    Source: CRMLS #IV25046378 Report a problem
    3/14/2026Pending sale$1,500,000$163/sqft
    Source: CRMLS #IV25046378 Report a problem
    11/14/2025Contingent$1,500,000$163/sqft
    Source: CRMLS #IV25046378 Report a problem
    3/3/2025Listed for sale$1,500,000+42.9%$163/sqft
    Source: CRMLS #IV25046378 Report a problem
    9/12/2020Listing removed$1,050,000$114/sqft
    Source: NAI Capital, Inc. #523131 Report a problem
    3/12/2020Listed for sale$1,050,000+40%$114/sqft
    Source: NAI Capital, Inc. #523131 Report a problem
    9/25/2018Sold$750,000+7.1%$82/sqft
    Source: Glendale AOR ZDD #500583 Report a problem
    8/13/2018Listing removed$800
    Source: Owner Report a problem
    8/6/2018Listed for rent$800+33.3%
    Source: Owner Report a problem
    7/14/2016Listing removed$700,000$76/sqft
    Source: Keller Williams - N. Tustin #PW16018644 Report a problem
    1/27/2016Listed for sale$700,000$76/sqft
    Source: Keller Williams - N. Tustin #PW16018644 Report a problem
    9/13/2014Listing removed$600
    Source: Integrity Property Management Report a problem
    7/22/2014Listed for rent$600
    Source: Integrity Property Management Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92301

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,387,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,387,500