11389 Lee Avenue

Adelanto, CA 92301

PRICE REDUCED

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-$50,000 (-7.69%)

$599,990

List Price

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1956

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Property Description

Attention First-Time Investors and Portfolio Builders! Welcome to your next investment opportunity at 11389 Lee Ave, nestled in the vibrant High Desert of Southern California! This fourplex property offers a rare combination of versatility, income potential, and possible expansion opportunities -perfect for savvy investors or owner-occupants looking to maximize their portfolio. Property Highlights: Three Structures on Over an Acre of Land! --Front Duplex: Two 1-bed, 1-bath units at approximately 600 sq. ft. each. --Back Duplex: One 1-bed, 1-bath unit at 600 sq. ft. and a spacious 3-bed, 1-bath unit at 960 sq. ft. --Detached Garage: Ideal for tenant storage or parking, or possibly convert into an Accessory Dwelling Unit (ADU)? --Renovated & Move-In Ready Units: Two units have been recently renovated and are ready for immediate occupancy, offering a turn-key opportunity for investors or owner-occupants. Endless Possibilities for Investors: House-Hack Opportunity: Live in one unit while renting out the other three to offset your mortgage and build equity. --Maximize Rental Income: Rent out all four units for steady cash flow. --Room to Expand: With just over an acre of land, this property offers endless possibilities for upgrades or expansions, or maybe add an Accessory Dwelling Units (ADUs) or additional structures to maximize rental income and property value. Additional Features: --Prime Location: Close to local amenities, schools, and major highways, making it an attractive option for tenants. --High-Demand Rental Market: Located in the growing High Desert area, where rental properties are in constant demand. This property is more than just a fourplex—it’s a wealth-building opportunity with room to grow. With its competitive new pricing, this one offers flexibility, potential, and a strategic location that’s perfect for your next investment. Call today to schedule a tour! Don’t miss your chance to secure this incredible property!

Listing Information

List Price $599,990
Status Active
MLS IG24211166
Type Residential Income
Subtype Quadruplex
Year Built 1956
Lot Size 49,658
Structure Size N/A
DOM 104
Courtesy Of Homesmart Realty
Listing Agent Nicholas Barnes DRE#01979357
Co-Listing Agent Jason Inman DRE#02048426

Interior Features

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Listing information courtesy of: Nicholas Barnes, Jason Inman, Homesmart Realty 7606780018. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 24th, 2025 at 4:00 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.