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12023 Chamberlaine Way Adelanto, CA 92301

For Sale
$1,800,000

Ten-unit portfolio in Adelanto with immediate rental upside.

Lot size:
0.95 Acres

Property Features for 12023 Chamberlaine Way

General Information

Lot size
0.95 Acres

Building Details

Year built
1982

Source: LE INVESTMENT GROUP Agent DARREN CORREA

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Adelanto 10-Unit Duplex Portfolio

This is a 10-unit portfolio, comprised of five separately parceled duplexes located in Adelanto, California. Constructed in 1982, the single-story properties span nearly one acre. The portfolio features a mix of 2-bedroom, 1-bathroom units, each approximately 900 square feet. The properties are currently operating at a 6.33% capitalization rate with potential for increased rental income, supporting a pro forma capitalization rate of 6.83%. Tenants are responsible for utilities. The parcel numbers are 0459-161-53, 0459-161-54, 0459-161-55, 0459-161-56, and 0459-161-57. This offering provides in-place cash flow and long-term appreciation in one of the High Desert's fastest-growing rental markets.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Dental Office Clothing Store Building Supply Accounting Firm Daycare Center Kitchen & Bath Wholesale Shop Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Adelanto
County
San Bernardino
State
California
Longitude
-117.402016
Latitude
34.58625

FAQs

What type of property is this?
Duplex - Ten-unit portfolio in Adelanto with immediate rental upside.
Where is this duplex located?
The property is located at 12023 Chamberlaine Way Adelanto, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - Strong in-place cash flow with a 6.33% CAP rate and immediate rental upside to a 6.83% pro forma CAP.; - Portfolio of 10 units (five duplexes) on nearly one acre, offering scale and potential.; - Low-maintenance, single-story construction built in 1982.
More about this property
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