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$699,999

Beds
8
sq ft
2,895

11560 Sage St, Adelanto, CA 92301

11560 Sage St

Adelanto, CA 92301

  • 160 days on market
    • Price drop $1↓
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.

Details

Property type

Lot size

0.238 acres

Price per sq ft

$242

Year built

1985

HOA

No

Price History

10/03/2024
CLAW

CLAW #24399019

Price change
$699,999
06/01/2024
CLAW

CLAW #24399019

Listed
$700,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/08/2024 at 6:20 AM

Listing updated: 10/16/2024 at 10:25 AM

Listed by: Jason Hurst, EGL Properties Incorporated Phone #: (310) 481-0922

MLS: CLAW #24399019

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