Homes for sale - 11560 Sage ST, Adelanto, CA 92301

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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 699,999

Est. payment | -/mo

8 Beds

4 Baths

2,895 SqFt

Save

$ 699,999

Est. payment | -/mo

Save

8 Beds

4 Baths

2,895 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,895 sqft

Price per Sqft $241

MLS Listing ID 24399019

Bedrooms 8

HOA Y/N No

Year Built 1985

Lot Size 10,367 Sqft

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.

Location

State CA

County San Bernardino

Area Adl - Adelanto

Interior

Heating Baseboard

Cooling Evaporative Cooling

Fireplace No

Exterior

Garage Door-Single, Garage

Parking Type Door-Single, Garage

Total Parking Spaces 4

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0459253070000

Special Listing Condition Standard

Listed by Jason Hurst • EGL Properties Incorporated

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

11560 Sage ST Adelanto, CA 92301

Josh Gregorio

Key Details

Location

Interior

Exterior

Building

Others

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11560 Sage ST