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  • 11389 Lee

11389 Lee, Adelanto, CA 92301

$439,900 Approx. USD 0 beds, 0 baths
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Photo of Robyn Raskind

Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Text Me
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Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
Phone: 858-756-3795
Fax: 858-756-9591
 Rancho Santa Fe - Fairbanks Ranch 16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
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Fax: 858-756-9591
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Listing Agent


Victorea Aguila | vaguila@westcaprealestate.com
Lic#: 02340663
Broker: Courtesy of West Capital Real Estate
Phone: 949-570-8981

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# OC26113769
Price: $439,900
Beds: 0
Baths: 0
None fireplaces
Built in 1956
1 story
1.14 acres
Lot size: 1.1400
County: San Bernardino
Construction: Block,Concrete
Interior features: Beamed Ceilings,Ceiling Fan(s),Unfurnished,Bedroom on Main Level,Main Level Primary
Appliances: Freezer,Gas Range,Microwave,Refrigerator
Parking description: Driveway,Gated,On Site,Off Street,Unpaved
Lot description: ZeroToOneUnitAcre
Heating/cooling: Evaporative Cooling
Heating description: Wall Furnace
MLS area: ADL - Adelanto

Last Updated: 7/12/2026

 Days On Market (DOM): 51

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This listing belongs to the ADL - Adelanto MLS area

Lat/Long: 34.582328, -117.416362.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Robyn Raskind

Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com
Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
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