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Listed by DARREN CORREA, DRE #02066621 • LE INVESTMENT GROUP
$ 840,000
Est. payment /mo
Active
12069 Chamberlaine Adelanto, CA 92301
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV26222697
Year Built 1983
Source California Regional MLS
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
Laundry 30
Exterior
Garage Spaces 4.0
Pool None
Building
Sewer Septic Tank / Pump
Water District - Public
Others
Tax ID 0459161590000
Special Listing Condition Not Applicable
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