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$1,800,000

  • For Sale
  • Active
  • Multi-Family
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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

Full Property Details for 12023 Chamberlaine Way

General

  • Price: $1,800,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: IV25115074
  • Updated: 9/2/2025
  • Days on Market: 241 days
  • Added to Site: 241 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 10

Location

  • Area: ADL - Adelanto
  • County: San Bernardino
  • Development Name: ADL - Adelanto
  • Driving Directions: From Hwy 395, head east on Chamberlaine Way. Property is north side, just past Bellflower St.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 5
  • # Gas Meters: 10
  • # Electric Meters: 10

Structural Information

  • Entry Location: 1
  • Square Feet: 9,000
  • Year Built: 1982

Unit Information

Unit 1

  • Number of Units: 10
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.95
  • Lot Size (Sq. Ft.): 41,382
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $200
  • Price Per Unit: 180000

Listed by Le Investment Group, DARREN CORREA

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Listing agent

— 12023 Chamberlaine Way —

  • DARREN CORREA

    Le Investment Group

714-310-2840

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12023 Chamberlaine Way

School Districts:Victor Valley Union High School District (9-12), Adelanto Elementary School District
NameGradesDistance
Adelanto Elementary School
17931 Jonathan Street, Adelanto, CA 92301
K-50.8 mi
Columbia Middle School
14409 Aster Road, Adelanto, CA 92301
6-85.4 mi
Adelanto High School
15620 Joshua St., Adelanto, CA 92392
9-124.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12023 Chamberlaine Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2025
Listed
$1,800,000
229.14%
MLS
10/09/2012
Sold
$546,875
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12023 Chamberlaine Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$490
7%
$40,636
2%
2024
$458
1%
$39,840
2%
2023
$454
2%
$39,059
2%
2022
$445
-6%
$38,293
2%
2021
$471
2%
$37,542
1%
2020
$463
1%
$37,157
2%
2019
$459
-1%
$36,428
2%
2018
$464
3%
$35,714
2%
2017
$451
2%
$35,014
2%
2016
$442
4%
$34,327
2%
2015
$426
1%
$33,812
2%
2014
$422
1%
$33,149
—
2013
$419
—
$33,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 12023 Chamberlaine Way

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Le Investment Group, DARREN CORREA

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12023 Chamberlaine Way, Adelanto, CA 92301 (MLS# IV25115074) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 12023 Chamberlaine Way is currently listed for $1,800,000 and was received on May 22, 2025. Want to learn more about 12023 Chamberlaine Way? Do you have questions about finding other Multi-Family real estate for sale in Adelanto? You can browse all Adelanto real estate or contact a Coldwell Banker agent to request more information.

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