"7% Cap Rate at list with 8 Fully occupied units in the fast growing city of Adelanto. This property offers 8 2 bedroom 1 bath units with there own separate gas, water and electric meters. The landlord is only responsible for trash and maintenance which there will be very little of as all 8 units have undergone extensive capital expenditures in the last two years. This is a turn key property waiting for the next owner to raise the under market rents to fully optimize cash on cash return. Located near the fast growing SCLA the premier job growth sector in the High Desert.
Multi-familyProperty Type
1963Year Built
1.93 acresLot Size
$104Price/Sq.Ft.
Listed by JASON LAMOREAUX•DRE #01461062• COLDWELL BANKER COMMERCIAL RE
Bought with Miguel Franco•DRE #01442651• Realty Executives Select
"7% Cap Rate at list with 8 Fully occupied units in the fast growing city of Adelanto. This property offers 8 2 bedroom 1 bath units with there own separate gas, water and electric meters. The landlord is only responsible for trash and maintenance which there will be very little of as all 8 units have undergone extensive capital expenditures in the last two years. This is a turn key property waiting for the next owner to raise the under market rents to fully optimize cash on cash return. Located near the
"7% Cap Rate at list with 8 Fully occupied units in the fast growing city of Adelanto. This property offers 8 2 bedroom 1 bath units with there own separate gas, water and electric meters. The landlord is only responsible for trash and maintenance which there will be very little of as all 8 units have undergone extensive capital expenditures in the last two years. This is a turn key property waiting for the next owner to raise the under market rents to fully optimize cash on cash return. Located near the fast growing SCLA the premier job growth sector in the High Desert.
Greater Lansing AoR #485285
Sep 20, 2018
Sold
$643,309
$104/sq ft
Sep 20, 2018
Sold
$643,309
$104/sq ft
May 10, 2017
Listed
$650,000
$106/sq ft
May 10, 2017
Listed
$650,000
$106/sq ft
SDMLS #301747984
Sep 20, 2018
Sold
$643,309
$104/sq ft
May 10, 2017
Listed
$650,000
$106/sq ft
+19
7% Cap Rate at list with 8 Fully occupied units in the fast growing city of Adelanto. This property offers 8 2 bedroom 1 bath units with there own separate gas, water and electric meters. The landlord is only responsible for trash and maintenance which there will be very little of as all 8 units have undergone extensive capital expenditures in the last two years. This is a turn key property waiting for the next owner to raise the under market rents to fully optimize cash on cash return. Association Amenit
7% Cap Rate at list with 8 Fully occupied units in the fast growing city of Adelanto. This property offers 8 2 bedroom 1 bath units with there own separate gas, water and electric meters. The landlord is only responsible for trash and maintenance which there will be very little of as all 8 units have undergone extensive capital expenditures in the last two years. This is a turn key property waiting for the next owner to raise the under market rents to fully optimize cash on cash return. Association Amenities: None Lot Location Type: Standard LocationOTHR Model 14 # of Full Baths: 0 Model 15 # of Full Baths: 0 Model 1 # 1/2 Baths: 0 Model 2 # 1/2 Baths: 0 Model 3 # 1/2 Baths: 0 Model 4 # 1/2 Baths: 0 Model 5 # 1/2 Baths: 0 Model 6 # 1/2 Baths: 0 Model 7 # 1/2 Baths: 0 Model 8 # 1/2 Baths: 0 Model 9 # 1/2 Baths: 0 Model 10 # 1/2 Baths: 0 Model 11 # 1/2 Baths: 0 Model 12 # 1/2 Baths: 0 Model 13 # 1/2 Baths: 0 Model 14 # 1/2 Baths: 0 Model 15 # 1/2 Baths: 0 Model 14 Bedrooms: 0 Model 15 Bedrooms: 0 Model 14 # Of Units: 0 Model 14 # Of Units: 0 Model 1 # 1/4 Baths: 0 Model 2 # 1/4 Baths: 0 Model 3 # 1/4 Baths: 0 Model 4 # 1/4 Baths: 0 Model 5 # 1/4 Baths: 0 Model 6 # 1/4 Baths: 0 Model 7 # 1/4 Baths: 0 Model 8 # 1/4 Baths: 0 Model 9 # 1/4 Baths: 0 Model 10 # 1/4 Baths: 0 Model 11 # 1/4 Baths: 0 Model 12 # 1/4 Baths: 0 Model 13 # 1/4 Baths: 0 Model 14 # 1/4 Baths: 0 Model 15 # 1/4 Baths: 0 Model 14 Rent: 0.00 Model 15 Rent: 0.00 Model 1 SQFT: 770 Model 2 SQFT: 770 Model 3 SQFT: 770 Model 4 SQFT: 770 Model 5 SQFT: 770 Model 6 SQFT: 770 Model 7 SQFT: 770 Model 8 SQFT: 770 Model 9 SQFT: 0 Model 10 SQFT: 0 Model 11 SQFT: 0 Model 12 SQFT: 0 Model 13 SQFT: 0 Model 14 SQFT: 0 Model 15 SQFT: 0 Model 1 # 3/4 Baths: 0 Model 2 # 3/4 Baths: 0 Model 3 # 3/4 Baths: 0 Model 4 # 3/4 Baths: 0 Model 5 # 3/4 Baths: 0 Model 6 # 3/4 Baths: 0 Model 7 # 3/4 Baths: 0 Model 8 # 3/4 Baths: 0 Model 9 # 3/4 Baths: 0 Model 10 # 3/4 Baths: 0 Model 11 # 3/4 Baths: 0 Model 12 # 3/4 Baths: 0 Model ...
CRMLS #475881
Nov 15, 2016
Sold
$390,000
$63/sq ft
Aug 22, 2016
Listed
$430,000
$70/sq ft
SDMLS #301747927
Nov 15, 2016
Sold
$390,000
$63/sq ft
Aug 22, 2016
Listed
$430,000
$70/sq ft
Public Records
Mar 14, 2003
Sold
$350,000
$57/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,641 (+7.1%)
$122,707 + $602,380
$725,087
2024
$8,071 (+1.0%)
$122,707 + $602,380
$725,087
2023
$7,994 (+1.9%)
$117,942 + $578,989
$696,931
2022
$7,846 (−5.6%)
$117,942 + $578,989
$696,931
2021
$8,308 (+1.9%)
$115,629 + $567,636
$683,265
2020
$8,154 (+60.0%)
$113,362 + $556,506
$669,868
2019
$5,095 (−1.1%)
$112,200 + $550,800
$663,000
2018
$5,150 (+3.0%)
$104,040 + $301,716
$405,756
2017
$5,001 (+22.3%)
$100,000 + $290,000
$390,000
2016
$4,089 (+12.5%)
$100,000 + $290,000
$390,000
2015
$3,635 (+8.8%)
$60,500 + $260,200
$320,700
2014
$3,340 (−25.3%)
$50,000 + $215,000
$265,000
2013
$4,469 (+2.4%)
$50,000 + $215,000
$265,000
2012
$4,363 (+3.7%)
$183,006 + $162,091
$345,097
2011
$4,207 (+1.4%)
$179,418 + $158,913
$338,331
2010
$4,150 (+2.2%)
$175,900 + $155,797
$331,697
2009
$4,061 (+105.2%)
$174,585 + $154,633
$329,218
2008
$1,978
$175,000 + $155,000
$330,000
Tax history for 12075 Kings Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,641 (+7.1%)
$122,707 + $602,380
$725,087
2024
$8,071 (+1.0%)
$122,707 + $602,380
$725,087
2023
$7,994 (+1.9%)
$117,942 + $578,989
$696,931
2022
$7,846 (−5.6%)
$117,942 + $578,989
$696,931
2021
$8,308 (+1.9%)
$115,629 + $567,636
$683,265
2020
$8,154 (+60.0%)
$113,362 + $556,506
$669,868
2019
$5,095 (−1.1%)
$112,200 + $550,800
$663,000
2018
$5,150 (+3.0%)
$104,040 + $301,716
$405,756
2017
$5,001 (+22.3%)
$100,000 + $290,000
$390,000
2016
$4,089 (+12.5%)
$100,000 + $290,000
$390,000
2015
$3,635 (+8.8%)
$60,500 + $260,200
$320,700
2014
$3,340 (−25.3%)
$50,000 + $215,000
$265,000
2013
$4,469 (+2.4%)
$50,000 + $215,000
$265,000
2012
$4,363 (+3.7%)
$183,006 + $162,091
$345,097
2011
$4,207 (+1.4%)
$179,418 + $158,913
$338,331
2010
$4,150 (+2.2%)
$175,900 + $155,797
$331,697
2009
$4,061 (+105.2%)
$174,585 + $154,633
$329,218
2008
$1,978
$175,000 + $155,000
$330,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
1.93 Acres
Year renovated
1963
Sq. Ft.
6,160
Year built
1963
Style
Multi-Family (5+ Unit)
County
San Bernardino County
APN
0459 241 16 0 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 2026.
BP
Business Park District
The Business Park land use designation allows for employment uses that may be related and supportive of SCLA along with synergistic uses like research and design, medical and professional offices, schools/studios for professional and business advancement, and health and fitness facilities to attract employment activity from beyond the City’s boundary.
Permitted uses
Include but are not limited to:
Bank
Laundromat
Restaurant
Hospital / medical center
Hotel / motel
Office
Medical office
Research & development
Educational/school
Veterinary clinic
Property details
Interior
Interior Features
Levels: One
Unit Type 1 Information
Unit Key Numeric: 10398243
Listing Key Numeric: 132132971
Actual Rent: $5,950
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $5,950
Total # of Units: 8
Multi-Unit Information
Net Operating Income: $47,130
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 6,160
Gross Scheduled Income: $71,400
Gross Income: $71,400
# Of Leased Units: 8
# Of Separate Water Meters: 8
# Of Separate Gas Meters: 8
# Of Separate Electric Meters: 8
# Of Buildings: 4
Vacancy Allowance: 3570
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre
Property Information
Total # of Units: 8
Common Walls: 1 common wall
Parcel Number: 0459241160000
Attached Property
Total # of Stories: 1
Year Built Source: Other
Financial
Lease / Rental Details
Operating Expense: $20,700
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Valley
Location Information
Latitude: 34.57330800
Longitude: -117.40187900
Directions: Call
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,160
Stories: 1.0
Lot Size: 1.93 acres
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 1963
County: San Bernardino County
APN: 0459 241 16 0 000
Home facts updated by county records on Sep 19, 2026
Other
Listing Information
Days Active in MLS: 411
Continuous Days Active in MLS: 411
Listing Agent Information
List Agent First Name: JASON
List Agent Last Name: LAMOREAUX
Listing Office Information
List Office Name: COLDWELL BANKER COMMERCIAL RE
Selling Agent Information
Buyer Agent First Name: Miguel
Buyer Agent Last Name: Franco
Selling Office Information
Buyer Office Name: Realty Executives Select
Around this home
Schools
Adelanto Elementary School
Public K-5 • Assigned • 0.4mi
1/10
Columbia Middle School
Public 6-8 • Assigned • 4.6mi
3/10
Adelanto High School
Public 9-12 • Assigned • 3.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 99° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Adelanto, CA • 92301
Average low and high temperatures (°F)
59
35
66
41
74
46
75
47
84
55
95
63
97
66
99
69
91
63
82
54
67
42
65
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.2 hours in
June and 6.6 hours in December, placing it above the
U.S. average for solar exposure.