
Adelanto, California 92301
This Detached Multi-Unit Asset is listed at $429,000, compared to a $340,015 Fair Market Value. Despite the current market positioning, the property represents a significant Value-Add Opportunity due to its expansive 38,735 sqft Lot and existing utility infrastructure for potential expansion. Maintaining a Condition Rating of 4, the site consists of three separate dwellings with Separate Electric and Gas Meters, effectively lowering operational overhead. Boasting Distant City Light Views and high rental demand, this is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers focused on long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11986 White Avenue Subject | $429,000* List Price | 0 | 0 | 1,653 | $206 | - |
A 12048 Sand Ave Active Under Contract | $360,000 List Price | 0 | 0 | 1,800 | $200 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1954, the property is well-maintained with durable tile flooring and fresh paint, but remains stylistically dated. While move-in ready for tenants, the kitchens and bathrooms feature older cabinetry and basic fixtures, and the overall infrastructure reflects an aged property that has undergone periodic maintenance rather than a comprehensive modern renovation.
The property consists of three fully detached homes rather than shared-wall units, providing tenants with superior privacy and reducing turnover while simplifying long-term management.
Situated on a massive 38,735 sqft lot with existing utility connections in the rear yard, the property offers a rare value-add opportunity for an additional manufactured home or RV setup.
With separate meters for electricity, gas, and trash for each unit, the landlord's operating expenses are minimized, and utility management is streamlined for the owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1653, other record living area = 624.
Unlike the other utilities, the water service is shared across all units, which complicates expense allocation and typically requires the landlord to absorb the cost of water usage.
Originally constructed in 1954, the property may require more frequent maintenance or capital improvements to major systems compared to newer multi-family developments.
TRIPLEX – THREE DETACHED HOMES WITH EXPANSION POTENTIAL! Rare opportunity to own three fully detached units on one lot — each with separate electric, gas, and trash service (shared water meter). Ideal for strong income potential and long-term upside. Unit Mix: • Unit 1: 2 Bedrooms / 1 Bathroom • Unit 2: 1 Bedroom / 1 Bathroom • Unit 3: 1 Bedroom / 1 Bathroom Each unit offers a private fenced yard, dedicated parking area, tile flooring throughout, Utility room with Washer/Dryer connections. Has been painted and maintained. Detached structures provide added privacy and reduced tenant turnover appeal. Property also features a separate, spacious fenced rear yard with existing water, gas, and electric connections—presenting potential for a future manufactured home, RV setup, or additional improvements (buyer to verify). Excellent opportunity for rental income, multi-generational living, or portfolio expansion. Don’t miss this versatile property with built-in utility separation and future potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,653 | 2,553 | 25% |
| Lot Size | 38,735 | 8,687 | 75% |
| Price | $429.0K | $539.5K | 50% |
| Price per sq ft | $260 | $215 | 75% |
| Built year | 1954 | 1985 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 285 | 25% |
Mar 3, 2026
$429,000
$449,000
-4% Price Drop
Initial Listing
Feb 19, 2026
$449,000
Initial Listing
Jan 24, 2025
$375,000
Public Record
May 3, 2023
$315,000
Public Record
Oct 12, 2018
$180,000
Public Record
Dec 18, 2017
$140,000
Public Record
Feb 27, 2009
$40,000
Public Record
Jun 18, 2007
$285,000
Public Record
Sep 26, 2001
$37,000
Public Record