10
See all 10 photos
$840,000
Est. payment /mo
0.42 Acres Lot
New
12069 Chamberlaine Adelanto, CA 92301
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Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26222697
HOA Y/N No
Year Built 1983
Lot Size 0.420 Acres
Property Sub-Type Apartment
Property Description
Excellent six-unit multifamily investment opportunity located at 12069 Chamberlaine Way in Adelanto, CA. Offered at $840,000 ($140,000 per unit), the property features an attractive 6.72% current CAP rate with upside to a 7.28% pro forma CAP rate. Built in 1983, the property consists of three single-story buildings totaling approximately 3,824 rentable square feet on a 0.42-acre lot. The desirable unit mix includes four 2-bedroom/1-bath units and two 1-bedroom/1-bath units. All units have been remodeled, new roof and new driveway installed recently. Additional features include onsite parking, and tenant-paid gas and electricity, helping minimize operating expenses. Conveniently located near Highway 395, Interstate 15, and Southern California Logistics Airport, providing access to major employment centers throughout the Victor Valley. An attractive opportunity to acquire an established income-producing multifamily property with rental upside and long-term investment potential.
Location
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Fireplace No
Laundry Washer Hookup
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description 6-10 Units/Acre, Yard
Story 1
Sewer Septic Tank
Water Public
New Construction No
Others
Senior Community No
Tax ID 0459161590000
Energy Description 2500.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Lease Land No
Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840, DRE #02066621
NEARBY SCHOOL & BUSINESS
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