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11560 Sage Street
Adelanto, CA 92301
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.
PROPERTY INFORMATION
| MLS # | 24399019 | Lot Size | 10,368 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 699,999
Price Per SqFt: $ 242 |
DOM | 222 Days |
| Address | 11560 Sage Street | Type | Residential Income |
| City | Adelanto | Sq.Ft. | 2,895 Sq. Ft. |
| Postal Code | 92301 | Garage | N/A |
| County | San Bernardino | Year Built | 1985 |
| Bed / Bath | 8 / 0 | Parking | 4 |
| Built In | 1985 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Baseboard |
| Has Cooling | Yes |
| Cooling Information | Evaporative Cooling |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $747
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/01/2024 | Listed | $700,000 |
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Listing provided courtesy of Jason Hurst, EGL Properties Incorporated. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
