***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.
Sold for $2,500,000
$2,500,000
18411 Rieman Rd, Adelanto, CA 92301
--beds
0baths
16,207sqft
MultiFamily
Built in 1952
-- sqft lot
$-- Zestimate®
$154/sqft
$2,063 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,063/mo
Zestimate® history
Owner options
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$2,063/mo
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$2,063/mo
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$15,640/mo
Est. payment
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$15,640/mo
Est. payment
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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: 2.5 Acres
Details
- Parcel number: 0459621160000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1952
Community & HOA
Location
- Region: Adelanto
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $1,326,510
- Annual tax amount: $15,945
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Sold | $2,500,000+100%$154/sqft |
Source: Public Record Report a problem | ||
| 9/20/2021 | Sold | $1,250,000$77/sqft |
Source: Public Record Report a problem | ||
| 4/27/2021 | Listing removed | -- |
Source:  HDAOR Report a problem | ||
| 4/22/2021 | Listed for sale | $1,250,000+264.5%$77/sqft |
Source: HDAOR #534457 Report a problem | ||
| 1/10/2012 | Sold | $342,955-65.5%$21/sqft |
Source: Public Record Report a problem | ||
| 6/2/2008 | Sold | $995,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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% |
| 2022 | $14,483 +79.2% | $1,250,000 +90% |
| 2021 | $8,084 +1.9% | $657,949 +1% |
| 2020 | $7,934 +0.7% | $651,203 +2% |
| 2019 | $7,880 -49.4% | $638,434 +2% |
| 2018 | $15,559 +101.1% | $625,916 +2% |
| 2017 | $7,737 | $613,643 +2% |
| 2016 | $7,737 +2% | $601,611 +1.5% |
| 2015 | $7,589 +3.8% | $592,574 +2% |
| 2014 | $7,309 | $580,966 +0.5% |
| 2013 | -- | $578,340 +0.1% |
| 2012 | -- | $578,000 |
| 2011 | -- | $578,000 -17.1% |
| 2010 | -- | $697,055 -0.2% |
| 2009 | -- | $698,711 +86.3% |
| 2008 | -- | $375,022 +2% |
| 2007 | -- | $367,669 +2% |
| 2006 | -- | $360,460 +2% |
| 2005 | -- | $353,392 +2% |
| 2004 | -- | $346,463 +1.9% |
| 2003 | -- | $340,113 +2% |
| 2002 | -- | $333,444 +2% |
| 2001 | -- | $326,906 +2% |
| 2000 | -- | $320,496 |
Find assessor info on the county website
Neighborhood: 92301
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Nearby schools
GreatSchools rating
- 2/10Westside Park Elementary SchoolGrades: K-5Distance: 0.4 mi
- 1/10Mesa Linda Middle SchoolGrades: 6-8Distance: 7.2 mi
- 3/10Adelanto High SchoolGrades: 9-12Distance: 3.8 mi
- California
- San Bernardino County
- Adelanto
- 92301
- 18411 Rieman Rd
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