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$ 1,800,000
Est. payment | /mo
2 Beds
1 Bath
$ 1,800,000
Est. payment | /mo
2 Beds
1 Bath
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
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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