20515 Us Highway 395, Adelanto, California 92301, Adelanto, 92301 - 0 bed, 0 bath
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20515 Us Highway 395
Adelanto, California 92301
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,680Sq Ft
159,038Lot Size
Property Price
LIST PRICE$415,000
EST. MARKET VALUE
$388,848
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $388,848 Fair Market Value by 6%. Featuring a massive 3.65-acre lot with Airport Development District (ADD) zoning and highway frontage, this asset offers significant long-term redevelopment potential. Despite a Condition Rating of 5, the property includes updated essential infrastructure like a new well pump and fuse box. This is a strategic acquisition ideal for Buy-and-Hold Investors or Commercial Developers seeking value-add land with immediate rental income.
Estimated Market Value
$388,848
Based on Realkey algorithm analyzing recent comparable sales in Adelanto.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1947, this property is nearly 80 years old and marketed as an 'as-is' investor opportunity. While the listing notes that systems are functional with a new fuse box and well pump, the visible interior and exterior are heavily dated, showing significant wear that requires a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property features a massive 3.65-acre lot with prominent highway frontage and is situated within the Airport Development District (ADD), offering significant long-term upside for redevelopment or alternative commercial uses.
- Immediate Equity Opportunity
Priced below market value for a fast sale and featuring rents currently positioned below market rates, this duplex presents an excellent value-add opportunity for investors to capture immediate equity.
- Updated Essential Infrastructure
Despite its age, the property includes critical system updates such as a recently replaced well water pump and a brand-new fuse box, ensuring the homes remain fully functional and reducing immediate utility concerns.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1680, other record living area = 836.
- As-Is Condition
The property is being sold in its current condition and dates back to 1947, which likely implies the need for significant modernization, repairs, or capital expenditure to reach its full potential.
- Zoning Restrictions
Being located in an Airport Development District may impose specific land-use limitations or noise considerations that require thorough due diligence with municipal authorities before pursuing alternative developments.
About 20515 Us Highway 395
"INVESTORS ALERT" "Situated on a spacious 3.65-acre lot with prominent highway frontage, this versatile property offers exceptional, potential and abundant outdoor space." Each residence features a well-appointed two bedroom one bathroom layout encompassing approximately 840 square feet of optimize living space. Current rents are positioned below market value and located within an area zoned for ADD (Airport Development District). Prospective purchasers and their representatives are encouraged to consult with municipal authorities regarding potential alternative uses for the property. This presents an excellent opportunity to acquire and retain the property for future development. Priced below market value for a fast sale, this property is being offered in "as-is condition and presents an incredible opportunity. The homes are fully functional with all systems in working conditions, including a recently replaced well water pump and a brand-new fuse box. Perfect for buyers looking for value and peace of mind. "COME SEE IT BEFORE IT'S GONE".
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1947
- Lot Size
- 159,038 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 | 1,680 | 3,224 |
| Lot Size | 159,038 | 7,102 |
| Price | $415.0K | $528.8K |
| Price per sq ft | $247 | $182 |
| Built year | 1947 | 1985 |
| HOA | $0 | $0 |
| Days on market | 26 | 50 |
Pricing History
Listed for Sale
Sep 28, 2026
$415,000
Initial Listing
Sold
Jan 8, 2007
$250,000
Public Record
Sold
Sep 7, 2005
$170,000
Public Record
Sold
Dec 23, 2004
$150,500
Public Record