11211 La Habra Avenue

Adelanto, CA 92301

$7,680,000
Price
3
Beds
48
Baths
28,728 Sq. Ft.
$267 / Sq. Ft.
28,728
Sq. Ft.
$267
per Sq. Ft.

Description

The Desert Oasis Apartments are located on the corner lot of La Habra Avenue and Bell? ower Street. This single story apartment building is placed on a 2.03-acre lot and is composed of (24) 1 Bedroom, 1 Bath units and (24) 2 Bedroom, 1 Bath Units. The tenants are provided with secure onsite covered parking as well as access to the laundry facilities. Current ownership has invested $350k in capital improvements, including but not limited to installing new ? ooring, applying fresh paint, upgrading...The Desert Oasis Apartments are located on the corner lot of La Habra Avenue and Bell? ower Street. This single story apartment building is placed on a 2.03-acre lot and is composed of (24) 1 Bedroom, 1 Bath units and (24) 2 Bedroom, 1 Bath Units. The tenants are provided with secure onsite covered parking as well as access to the laundry facilities. Current ownership has invested $350k in capital improvements, including but not limited to installing new ? ooring, applying fresh paint, upgrading water heaters and A/C units, and constructing a retaining wall on the west side of the property. This apartment community has been well maintained throughout ownership. The current owner does update sand improvements on a scheduled basis. The repairs and maintenance of the property and ground have been done as necessary, on time, & without deferring maintenance. The condition of the property o? ers prospective buyers an asset that will require very minimal maintenance for decades to come.
  1. Listed by DARREN CORREA • DRE #02066621 • Brokerage DRE #01923766 • LE INVESTMENT GROUP • 714-310-2840

Property Details for 11211 La Habra Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
48.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
28728
Assessor Parcel Number
0459-073-21-0000
Property Attached YN
true
LISTING UPDATED: 10/31/2024 05:27 AM

Property Details for 11211 La Habra Avenue

StatusActive
MLS #IV24224989
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
CountySan Bernardino County

Building Information for 11211 La Habra Avenue

Building/Complex11211 La Habra AveFloor-Stories1Residences-Pet Policy-Year Built1988Building Size-

Property Information for 11211 La Habra Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $835,200
  • Gross Scheduled Income: $841,800
  • Net Operating Income: $540,002
Expense Details
  • Operating Expense: $260,038
  • Fuel Expense: $12,673
  • Electric Expense: $12,673
  • Insurance Expense: $17,819
  • Professional Management Expense: $55,998
  • Trash Expense: $12,673
  • Water Sewer Expense: $12,673
  • Total Expenses: $260,038
Tax / Assessment Info
  • Tax Tract Number: 072
  • Tax Census Tract: 91.31
  • CFD/Mello-Roos Fee: $4,960
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Rural
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 21-25 Units/Acre
  • Number Of Units: 48
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 24
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,121
  • Unit Type Total Rent: $26,901
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 24
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,401
  • Unit Type Total Rent: $33,639
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 48
  • Rent Controlled: Yes
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 48
  • Number Of Separate Gas Meters: 48
  • Number Of Separate Water Meters: 1

Property History for 11211 La Habra Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11211 La Habra Avenue

Taxable ValueLand$158,100Additions$5,604,900Total$5,763,000
Tax Record2024$64,510 ($5,376 / month)
Home Facts
Total Finished SqFt28,728 SqFtAbove Grade Finished SqFt28,728 SqFtStories1Lot Size88,426 SqFtStyleMulti-Family Res (5+ Units)Year Built1988CountySAN BERNARDINOAPN0459-073-21-0000

Schools near 11211 La Habra Avenue

This home is within Victor Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Westside Park Elementary School
PublicK to 5

Mesa Linda Middle School
Public6 to 8

Adelanto High School
Public9 to 12

Taylion High Desert Academy
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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11211 La Habra Avenue is a multi-family home for sale in Adelanto, CA 92301. This property was listed for sale on October 15, 2024 by LE INVESTMENT GROUP, it's currently listed at $7,680,000. It has been on the market for a total of 23 days and was last sold on January 10, 2023. This listing's school districts are Victor Valley Union High School District, Adelanto Elementary School District. Nearby schools include Westside Park Elementary School, Mesa Linda Middle School and Adelanto High School. 11211 La Habra Avenue is a 3-bed, 48-bath, 28,728 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LE INVESTMENT GROUP, DARREN CORREA, DRE #02066621

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.