10
See all 10 photos
$840,000
Est. payment /mo
3 Beds
2 Baths
0.42 Acres Lot
New
12069 Chamberlaine Adelanto, CA 92301
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26222697
Bedrooms 3
Lot Size 0.420 Acres
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction From Highway 395, head east on Chamberlaine Way. Continue to 12069 Chamberlaine Way. Property will be on your right.
Interior
Fireplace No
Exterior
Utilities Available Septic Installed
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0459161590000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by DARREN CORREA, DRE#02066621 LE INVESTMENT GROUP
NEARBY SCHOOL & BUSINESS
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