
Adelanto, California 92301
This Quadruplex is a High-Potential Investment Opportunity, listed at a List Price of $624,999—positioned well below the $653,542 Fair Market Value by 4%. This valuation gap offers $28,543 in Instant Equity. With a Condition Rating of 4, the property features a high-demand unit mix of four 2-bedroom, 1-bathroom units with Dedicated Tenant Parking. While the aging systems require monitoring, the stable rental demand makes this an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17926 Hermosa Street Subject | $624,999* List Price | 0 | 0 | 3,224 | $203 | - |
A 18130 Casaba Road Active | $685,000 List Price | 0 | 0 | 3,312 | $207 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1985 (39 years old), which exceeds the 20-year threshold for the 'Fair' category. While the listing describes the units as being in good condition and well-maintained, the age indicates that the kitchens, bathrooms, and mechanical systems are likely dated and nearing the end of their typical lifecycle, requiring minor repairs or modernization.
The property features four 2-bedroom, 1-bathroom units, which is a highly desirable configuration for the Adelanto rental market, ensuring consistent tenant demand and low vacancy rates.
Each unit includes its own detached one-car garage, providing secure parking and additional storage space, which significantly increases the property's competitive edge and rental value.
The exterior and units are well-maintained with strong curb appeal, offering an immediate income-generating opportunity for investors without the need for significant upfront renovation costs.
The listing price of $624,999 represents a substantial increase from its 2018 sale price of $310,000, requiring a careful analysis of current market rents to justify the cap rate.
Built in 1985, the property is approaching a 40-year lifecycle where major capital expenditures for systems such as roofing, plumbing, or HVAC may become necessary in the near future.
Fourplex Property for Sale in Adelanto, CA. Great Investment Opportunity! Total of 3,224 Sq Ft, Approx 800 Sg Ft each unit, 7,102 Sq Ft LOT. Each Unit is 2 Bedroom, 1 Bathroom, 1 Detached Car-Garage. All 4 units are in good condition. The exterior is well maintained with great curb appeal. This property has a lot to offer. Come take a look!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,224 | - |
| Lot Size | 7,102 | - |
| Price | $625.0K | $350.0K |
| Price per sq ft | $194 | $198 |
| Built year | 1985 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 113 |
Jun 19, 2026
$624,999
Initial Listing
Oct 10, 2018
$310,000
Public Record
Feb 19, 2016
$370,000
Public Record
May 23, 2014
$146,000
Public Record
Dec 20, 2004
$250,000
Public Record
Dec 22, 2000
$53,000
Public Record