15290 Alexandria, Adelanto, California 92301, Adelanto, 92301 - 7 bed, 3 bath
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15290 Alexandria
Adelanto, California 92301
ACTIVE
CONDITION: FAIR
7Beds
3Baths
2,800Sq Ft
7,692Lot Size
Property Price
LIST PRICE$480,000
EST. MARKET VALUE
$481,337
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $480,000—positioned well below the $481,337 Fair Market Value by 0.28%. This asset offers $1,337 in Instant Equity. Currently operating as a 10-room rental, the property features a 4-car tandem garage and a Fair Condition Rating. With plans submitted for 7 legal bedrooms, this is a strategic acquisition for Buy-and-Hold Investors or House-Hackers seeking to maximize immediate cash flow and future development upside.
Estimated Market Value
$481,337
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 |
|---|---|---|---|---|---|---|
★ 15290 Alexandria Subject | $480,000* List Price | 7 | 3 | 2,800 | $172 | - |
A 15173 Hill Way Sold | $400,000 | 5 | 3 | 2,276 | $176 | 0.3 mi |
B 15192 Amber Way Sold | $390,000 | 5 | 3 | 2,010 | $194 | 0.5 mi |
C 14803 Bo Court Sold | $430,000 | 5 | 3 | 1,947 | $221 | 0.9 mi |
D 15166 Arcadian Pending | $470,000 List Price | 5 | 3 | 2,800 | $168 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004 (22 years old), the property falls into the 'Fair' category based on age and dated interior. The home shows significant wear and tear from its use as a 10-room rental business, including missing flooring and cluttered living spaces. The presence of multiple window AC units in a 2000s-era home suggests the central HVAC system may be inadequate or non-functional. The kitchen and bathrooms are original and require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
Currently operating as a 10-room rental business, this property offers immediate cash flow and a rare opportunity for investors to maximize revenue from day one.
- Development Readiness
Plans have already been submitted to the city to formalize 7 legal bedrooms, significantly reducing the administrative burden and risk for future conversion.
- Exceptional Parking Capacity
The rare 4-car tandem garage provides extensive parking and storage options, which is a critical advantage for a high-occupancy residential asset.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
- Complex Interior Layout
The current configuration of 10 to 12 rooms within 2,800 square feet suggests a highly partitioned interior that may require significant capital to normalize or legally certify.
- Lack of Scenic Value
With no designated views and a focus on utility, the property may struggle to compete with neighboring homes that offer more traditional aesthetic appeal to owner-occupants.
About 15290 Alexandria
Attention investors, house-hackers, and visionaries! Here is a rare, high-performing asset offering unmatched income potential and tremendous future upside. Spanning 2,800 square feet on a corner lot, this expansive property is uniquely configured to maximize space and revenue generation. The home currently functions as an active 10-room rental business within a spacious 12-room layout, generating immediate cash flow. For those looking to solidify and formalize the property's potential, plans have already been submitted to the city to create 7 fully legal bedrooms, taking the guesswork out of your future conversion plans. The home also features a 4-car tandem garage!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,692 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 3 (3 Full, 0 Half)
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 | 7.0 | 3.7 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,800 | 1,513.063 |
| Lot Size | 7,692 | 7,463.417 |
| Price | $480.0K | $401.9K |
| Price per sq ft | $171 | $258 |
| Built year | 2004 | 2001 |
| HOA | $0 | $0 |
| Days on market | 32 | 78 |
Pricing History
Listed for Sale
Aug 8, 2026
$480,000
Initial Listing
Sold
Jun 30, 2023
$439,000
Public Record
Sold
Oct 20, 2016
$237,000
Public Record
Sold
Sep 13, 2011
$126,000
Public Record
Sold
Jul 24, 2006
$438,000
Public Record