$1,800,000

12023 Chamberlaine Way, Adelanto, CA 92301

  • 9,000 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon0.95acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 7 months ago

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 Desert’s fastest-growing rental markets. Parcel Numbers: 0459-161-53, 0459-161-54, 0459-161-55, 0459-161-56, 0459-161-57

Listing Status:
Active
Date Added:
May 22, 2025 at 05:00AM
Listing Office:
LE INVESTMENT GROUP : 909-256-7889
Listing Agent:
DARREN CORREA : 714-310-2840
MLS ID:
CRIV25115074
  • Laundry: No Hookups
  • County: San Bernardino
  • Zoning: 0459161530000

This listing courtesy of DARREN CORREA, LE INVESTMENT GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Adelanto Elementary School

17931 Jonathan St, Adelanto, CA, 92301

Grades KG-5

0.82 miles away

A

Adelanto Virtual Academy

17738 Nevada St, Victorville, CA, 92394

Grades KG-8

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.