$7,200,000
18335 Montezuma, Adelanto CA 92301
Multi-Family (48 Units)
Property type
22 days
On market
$258
Price per sqft
0 cars
Garage
1986
Year built
96,702 sqft
Lot size
Open Houses
Overview
A well kept 48 unit apartment complex in the growing city of Adelanto, California is now avaliable. The apartment consists of a unit mix of (14) 2bed/1bath, (33) 1bed/1bath, and (1) Studio. The building was constructed in 1986 and the overall building square footage is approx 27,888 according to public records. The tenant parking is gated and has covered parking with carports....
Listing provided by: Charly Ubaldo DRE #02088736 213-527-0450, Keller Williams Victor Valley
Listing updated: May 15, 2026 at 03:20am.
Last checked: Jun 4, 2026 at 04:00am
Source: CRMLS #DW26105972
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 14 | 2 | 1 | — | $20,796 | $20,796 | $21,000 | Unfurnished |
| 33 | 1 | 1 | — | $38,891 | $38,891 | $41,250 | Unfurnished |
| 1 | 0 | 1 | — | $1,175 | $1,175 | $1,200 | Unfurnished |
# of Buildings: 4
# of Units Total: 48
Separate Electric Meters: 48
Separate Gas Meters: 48
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
9.9x
List Price / Annual Gross Rent
Cap Rate
6.15%
NOI / List Price
Gross Scheduled Income: $730,344
Operating Expense: $288,119
Net Operating Income: $442,907
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $40,800
Professional Management: $17,280
Trash: $20,159
Water / Sewer: $36,000
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: Two Common Walls Or More
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0459142380000
Additional Parcels: No
Tax Lot: 1
Community
Senior Community: No
Community Features: Biking, Sidewalks
Nearby Schools
Nearby schools around the 18335 Montezuma, Adelanto, CA 92301. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,760,000
Total Interest
$7,346,563
Total Payment
$13,106,563
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$44,057
per month
Property History for 18335 Montezuma
Adelanto Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92301.
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