11560 Sage Street, Adelanto, CA 92301
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Listed Price :
$699,999
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Beds :
8
-
Baths :
4
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Property Size :
2,895 sqft
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Year Built :
1985
Property Description
High cash-flowing, multi-unit property that is fully tenanted. An incredible opportunity for someone looking to expand their real-estate portfolio.This property currently generates $63,132 / year, meaning gross rental income is 9.02% the price. That's a 7.51 cap rate on the $700,000 ask. There's even room for upside one of the units is currently $800 / mo; you could live in it and make $59,748 per year, or charge market rates and get an even higher cap rate. This is THE property for the high cash flow investor.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
Evaporative Cooling |
Listing Information
| Address |
11560 Sage Street |
| City |
Adelanto |
| State |
CA |
| Zip |
92301 |
| County |
San Bernardino |
| Listing Agent |
Jason Hurst DRE #02067523 |
| Courtesy Of |
EGL Properties Incorporated |
| List Price |
$699,999 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,895 |
| Lot Size |
10,368 |
| Year Built |
1985 |
Listing information courtesy of: Jason Hurst, EGL Properties Incorporated. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 5:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
