11560 Sage Street
Adelanto, CA 92301
- 8 beds
- – baths
- 2,895 sqft
- 10,368 sqft lot
- $241 per sqft
- 1985 build
- – on site
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.
Last checked:
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Last updated Oct 16, 2024
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MLS# CL24399019 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1985
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Building Area Total:2895
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Building Area Units:Square Feet
Room Dimensions
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Living Area:2895
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Living Area Units:Square Feet
Location
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Directions:11560 Sage Rd Adelanto CA
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Lot Size Area:0.24
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Lot Size Acres:0.24
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Lot Size SqFt:10368
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Lot Size Units:Acres
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Parcel Number:0459253070000
Listing Agent
- Contact info:
- Agent phone:
- (949) 524-0471
Beds
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Bedrooms Total:8
Heating & Cooling
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Heating:Baseboard
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Heating:true
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Cooling:Evaporative Cooling
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Cooling:true
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:4
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/3/24
Oct 3, 2024
|
Price Changed | BRIDGE | $699,999 | 0.0% |
|
6/1/24
Jun 1, 2024
|
Listed / Active | BRIDGE | $700,000 |
