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12023 Chamberlaine Way, Adelanto, CA 92301
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$1,800,000
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Home Details for 12023 Chamberlaine Way
Price
$1,800,000
Type
Multi Family
Year Build
1982
Lot Size
0.95
County
San Bernardino
Garage
10
MLS®️ Listing#
IV25115074
On exitrealty.com
144 days
Property Description
An exciting opportunity to acquire a 10-unit portfolio comprised of five separately parceled duplexes in Adelanto, CA. Built in 1982, this single-story, low-maintenance portfolio spans nearly one acre and features an attractive mix of 2-bedroom, 1-bathroom units, each approximately 900 SF. The properties are currently operating at a 6.33% CAP rate with immediate rental upside, supporting a pro forma CAP of 6.83%. With tenants responsible for utilities, a stable rent roll, and straightforward management, this offering provides strong in-place cash flow and long-term appreciation in one of the High Desert’s fastest-growing rental markets. Parcel Numbers: 0459-161-53, 0459-161-54, 0459-161-55, 0459-161-56, 0459-161-57
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Listing Courtesy: LE INVESTMENT GROUP - 714-310-2840. Presented by: DARREN CORREA
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:44:24 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.
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$1,800,000
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.