11211 La Habra, Adelanto, CA 92301

$6,995,000

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List Price
$6,995,000
Status
ACTIVE
MLS#
IV26143676
Year Built
1988
Lot Size
88,426
Acres
2.03
Lot Location
Desert Back, Over 40 Units/Acre
Days on Market
27
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Desert Oasis Apartments is a well-maintained 48-unit multifamily community situated on approximately 2.03 acres in Adelanto, California. Built in 1988, the property features an attractive unit mix of twenty-four (24) one-bedroom/one-bath units and twenty-four (24) two-bedroom/one-bath units across six single-story buildings. Recent capital improvements include updated flooring, interior and exterior paint, select unit upgrades, water heaters, HVAC improvements, and perimeter fencing. Community amenities include covered parking, private patios, on-site laundry facilities, and mature landscaping. Conveniently located near Highway 395, Interstate 15, shopping, schools, and major employment centers, the property offers strong in-place income with additional rental upside in the growing High Desert market.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
48
Gross Scheduled Income
$797,052
Operating Expense
250486

Listing courtesy of Listing Agent: DARREN CORREA (darren.correa@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.