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$1,800,000

12023 Chamberlaine Way Adelanto, CA 92301

0.9 acres
Multi-Family

Property details

About 12023 Chamberlaine Way

Le Investment Group is pleased to present 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

Highlights

Home typeDuplex
StatusActive
Lot size0.95 Acres
Year built1982
MLS #IV25115074
Garage10 spaces

Summary

  • Garage Space: 10 spaces
  • Private Pool: No
  • List Price: $1,800,000
  • Annual Tax Amount: $453
  • Tax Year: 2024
  • Directions: From Hwy 395, head east on Chamberlaine Way. Property is north side, just past Bellflower St.
  • Year Built: 1982
  • Stories: 1
  • Lot Size: 0.95 Acres
  • MLS Number: IV25115074
  • MLS Name: CRMLS
  • Office Name: LE INVESTMENT GROUP
  • Office Phone: (714) 310-2840
  • Listing Agent: DARREN CORREA

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 27, 2009
Home Sold
$31,500
Aug 03, 2006
Home Sold
$239,500
Dec 03, 2004
Home Sold
$125,000

Tax history

YearAssessmentProperty Tax
2024$39,840$453
2023$39,059$453
2022$38,293$445
2021$37,542$471
2020$37,157$459
2019$36,428$464
2018$35,714$450
2017$35,014$442

History based on county public records data.

Nearby schools

2

Adelanto Elementary School

Public District KG-5

0.8 mi

17931 Jonathan St

2

Westside Park Elementary School

Public District KG-5

1.2 mi

18270 Casaba Rd

3

Victoria Magathan Elementary School

Public District KG-5

3.1 mi

11411 Holly Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $12,426. The most common annual income of people living in Adelanto, CA is less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

80%
<35k
11%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
28%
Single, with Kids
13%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
31%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12023 Chamberlaine Way

The listing price of 12023 Chamberlaine Way property is $1,800,000.

The property 12023 Chamberlaine Way is a multi located in Adelanto, California, 92301.

Active Listing: 12023 Chamberlaine Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12023 Chamberlaine Way are: Adelanto Elementary School (GreatSchools Rating 2/10), Westside Park Elementary School (GreatSchools Rating 2/10), Victoria Magathan Elementary School (GreatSchools Rating 3/10), Adelanto Virtual Academy (GreatSchools Rating 2/10), George Visual and Performing Arts Magnet and Middle School (GreatSchools Rating 5/10), Melva Davis Academy of Excellence (GreatSchools Rating 5/10), Taylion High Desert Academy/Adelanto (GreatSchools Rating 2/10), Adelanto High School (GreatSchools Rating 4/10), Mojave River Academy - Oro Grande (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $453 (source: MLS/based on county public records data).

The last sale was on October 27, 2009 for $31,500 (source: MLS/tax record).

The year of construction for 12023 Chamberlaine Way is 1982.

This home is located at 12023 Chamberlaine Way in Adelanto, CA and zip code 92301. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $1,800,000.

While more than 9 listings in Adelanto, CA in June 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 2 were sold below. In June 2025 in Adelanto, CA there were 1.6% more homes for sale than in May. In June 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $390,000.

From Rocket Homes Real Estate and based on county public records data.

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