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$1,800,000

Est. payment - /mo

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2 Beds

1 Bath

Active

12023 Chamberlaine Way Adelanto, CA 92301

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Richard Combs

[email protected] +1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25115074

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

Le Investment Group is pleased to present 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 Deserts 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

Zoning Public Rec

Direction From Hwy 395, head east on Chamberlaine Way. Property is north side, just past Bellflower St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 0459161530000

Listed by DARREN CORREA LE INVESTMENT GROUP

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

12023 Chamberlaine Way Adelanto, CA 92301

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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12023 Chamberlaine Way