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Sold for $2,500,000 on 09/23/25
  • $2,500,000

    18411 Rieman Rd, Adelanto, CA 92301

    --beds
    0baths
    16,207sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $154/sqft
    $1,559 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,559/mo

    Zestimate® history
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    $15,908/mo

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    What's special

    ***AVAILABLE - investor special*** 19 units west of Highway 395 that needs some love. This apartment complex is well located less than 2 miles to Southern California Logistics Airport and all the high paying jobs associated with the airport. Needs paint, stucco and HVAC work and you have instant equity. Tenants pay all their own utilities including water. There is a new master water meter being installed that feeds individual meters to each unit that property manager can read and bill tenants for their usage.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Included: Range / Oven
    Features
    • Flooring: Linoleum / Vinyl
    Interior area
    • Total interior livable area: 16,207 sqft

    Property

    Features
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 2.50 Acres
    Details
    • Parcel number: 0459621160000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1952

    Community & neighborhood

    Location
    • Region: Adelanto

    Other

    Other facts
    • Construction: Frame
    • Frontage: Paved/Asphalt
    • Roof: Composition
    • View: Desert, Mountain, Trees
    • Appliances: Range, Oven, Disposal
    • Sewer Connected?: Yes
    • Sewer In?: Yes
    • Floors: Full Wall/Wall, Vinyl
    • Air Conditioning: Roof Evaporative
    • Property Subtype 1: Residential Income
    • Property Type: Residential Income
    • Association: Victor Valley MLS
    • MLS Origin: High Desert AOR

    Price history

    DateEventPrice
    9/23/2025Sold$2,500,000+100%$154/sqft
    Source: Public Record
    9/20/2021Sold$1,250,000$77/sqft
    Source: Public Record
    4/27/2021Listing removed--
    Source: HDAOR
    4/22/2021Listed for sale$1,250,000+264.5%$77/sqft
    Source: HDAOR #534457
    1/10/2012Sold$342,955-65.5%$21/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$15,945 +7%$1,326,510 +2%
    2024$14,899 +1%$1,300,500 +2%
    2023$14,756 +1.9%$1,275,000 +2%

    Find assessor info on the county website

    Neighborhood: 92301

    Nearby schools

    GreatSchools rating