$699,999
- Beds
- 8
- sq ft
- 2,895
11560 Sage St, Adelanto, CA 92301
11560 Sage St
Adelanto, CA 92301
- 176 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 #24399019
Price change
$699,999
06/01/2024
CLAW #24399019
Listed
$700,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/24/2024 at 2:45 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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