10923 Aztec, Adelanto, California 92301, Adelanto, 92301 - 0 bed, 0 bath
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10923 Aztec
Adelanto, California 92301
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,224Sq Ft
8,100Lot Size
Property Price
LIST PRICE$645,000
EST. MARKET VALUE
$657,388
SUMMARY
This High-Potential Investment Opportunity is a Residential Income asset listed at $675,000, which is slightly above the $666,638 Fair Market Value. While the property lacks instant equity, it offers a Turnkey Revenue Stream with four fully occupied 2-bedroom units and four individual one-car garages. With a Condition Rating of 3, the property features recent interior remodels, ensuring immediate cash flow. This stable, income-producing asset is ideal for Buy-and-Hold Investors or Portfolio Diversifiers seeking a low-maintenance, high-demand rental configuration in Adelanto.
Estimated Market Value
$657,388
Based on Realkey algorithm analyzing recent comparable sales in Adelanto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10923 Aztec Subject 0 bd · 0 ba · 3,224 sqft · $204 | $645,000* List Price | 0 | 0 | 3,224 | $204 | - |
A 17926 Hermosa Street Sold 0 bd · 0 ba · 3,224 sqft · $189 · 0.0 mi | $610,000 | 0 | 0 | 3,224 | $189 | 0.0 mi |
B 17928 Hermosa Street Sold 0 bd · 0 ba · 3,224 sqft · $189 · 0.0 mi | $610,000 | 0 | 0 | 3,224 | $189 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1985 (39 years old), the property is described as recently remodeled and turnkey with updated interiors. It appears well-maintained and functional for immediate occupancy, though the presence of window AC units and the 1980s exterior suggest it is a standard well-maintained asset rather than a mint-condition new build.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Revenue Stream
The property is fully occupied and recently remodeled, providing investors with immediate rental income and minimizing the need for upfront capital improvements or vacancy periods.
- High-Demand Unit Configuration
The fourplex consists entirely of 2-bedroom, 1-bathroom units, which is a highly sought-after layout for the Adelanto rental market, ensuring long-term tenant stability.
- Value-Add Parking
The inclusion of four individual one-car garages offers a significant competitive advantage, providing tenants with secure parking and storage that justifies premium rental rates.
CONSRISKS & DEFICIENCIES
- Aggressive Pricing History
The property was sold for $568,000 in mid-2023; the current list price of $675,000 represents a sharp appreciation that may challenge the capitalization rate for new investors.
- Aging Major Systems
Built in 1985, the property is approaching a 40-year lifecycle where major structural components like roofing and plumbing may require significant maintenance despite recent cosmetic interior updates.
About 10923 Aztec
**** TURNKEY 4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN ADELANTO! **** *** PRICE REDUCTION *** PRICE REDUCTION *** Welcome to 10923 Aztec Ln, a well-maintained and recently remodeled four-unit apartment property offering an excellent opportunity for investors seeking immediate rental income and long-term potential. The property consists of four spacious 2-bedroom, 1-bathroom units, with two units located downstairs and two upstairs. All four units are currently rented, providing an investor with an established income stream from day one. The property has been recently remodeled, with updated interiors designed to provide comfortable and attractive living spaces for tenants. Each unit offers a functional floor plan with two bedrooms and one bathroom. The property also features four individual one-car garages, providing valuable off-street parking and additional convenience for residents. Situated on an approximately 8,100-square-foot lot, the property contains approximately 3,224 square feet of building area. The fourplex configuration provides the benefit of multiple income-producing units within one property, making this an attractive opportunity for both experienced investors and those looking to enter the multifamily market.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1985
- Lot Size
- 8,100 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,224 | 3,224 |
| Lot Size | 8,100 | 7,102 |
| Price | $645.0K | $528.8K |
| Price per sq ft | $200 | $182 |
| Built year | 1985 | 1985 |
| HOA | $0 | $0 |
| Days on market | 43 | 50 |
Pricing History
Listed for Sale
Oct 9, 2026
$645,000
$665,000
-3% Price Drop
Initial Listing
Price Change
Sep 29, 2026
$665,000
$675,000
-1% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$675,000
Initial Listing
Sold
Jun 5, 2023
$568,000
Public Record
Sold
Dec 20, 2013
$155,000
Public Record
Sold
May 23, 2013
$120,000
Public Record
Sold
Dec 22, 2010
$73,500
Public Record
Sold
Dec 22, 2008
$74,000
Public Record