Description
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.
Details
| MLS # | OC26113769 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 90 |
| Listing Provided By | West Capital Real Estate | Victorea Aguila |
Features
| SQ Feet | 2,736 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 1.14 |
| Property View | None |
Interior
| Cooling | Evaporative Cooling |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Beamed Ceilings, Ceiling Fans, Unfurnished, Bedroom On Main Level, Main Level Primary |
| Window Features | Screens |
| Appliances | Freezer, Gas Range, Microwave, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Roof | Flat |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Block, Concrete |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre |
| Fencing | Chain Link, Wood |
Parking
| Parking Features | Driveway, Gated, On Site, Off Street, Unpaved |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected |
|---|---|
| Sewer | Septic Type Unknown |
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Adelanto |
| Zip Code | 92301 |
| Area | ADL Adelanto |
| Listing VS Median (in 92301) | |
Price: $439,900 low | high Med: $650,000 sqft: 2,736 low | high Med: 100 $ / sqft: $161 low | high Med: $6,500 On site: 90 low | high Med: 90 | |
Market Activity 92301
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Adelanto |
| Zip Code | 92301 |
| Area | ADL Adelanto |
| Listing VS Median (in 92301) | |
Price: $439,900 low | high Med: $650,000 sqft: 2,736 low | high Med: 100 $ / sqft: $161 low | high Med: $6,500 On site: 90 low | high Med: 90 | |
