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$840,000
New Listing

12069 Chamberlaine
Adelanto, CA 92301

For Sale|Apartment|Active
0
Beds
0
Total Baths
3,824
SqFt
$220
/SqFt
1983
Built
County:
San Bernardino
Listed by DARREN CORREA of LE INVESTMENT GROUP [email protected]
12069 Chamberlaine12069 Chamberlaine12069 Chamberlaine12069 Chamberlaine
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Excellent six-unit multifamily investment opportunity located at 12069 Chamberlaine Way in Adelanto, CA. Offered at $840,000 ($140,000 per unit), the property features an attractive 6.72% current CAP rate with upside to a 7.28% pro forma CAP rate. Built in 1983, the property consists of three single-story buildings totaling approximately 3,824 rentable square feet on a 0.42-acre lot. The desirable unit mix includes four 2-bedroom/1-bath units and two 1-bedroom/1-bath units. All units have been remodeled, new roof and new driveway installed recently. Additional features include onsite parking, and tenant-paid gas and electricity, helping minimize operating expenses. Conveniently located near Highway 395, Interstate 15, and Southern California Logistics Airport, providing access to major employment centers throughout the Victor Valley. An attractive opportunity to acquire an established income-producing multifamily property with rental upside and long-term investment potential.

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Listing Snapshot
Price 
$840,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,824 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.42 Acres
Year Built 
1983
MLS® Number 
IV26222697
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.42
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
3824
Water Source 
Public
Interior Features
Laundry Features 
Washer Hookup
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Exterior Features
Pool Features 
None
Community Features
Community Features 
Curbs
MLS Area 
ADL - Adelanto
Financing Terms Available 
CashConventional
Building Access 
1


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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