11560 Sage Street
Adelanto, CA 92301
$1.00 (-0%)
Active for $699,999
Beds: 8 Baths: 4 Structure Size: 2,895 sqft Lot Size: 10,368 sqft
| MLS | 24399019 |
| Year Built | 1985 |
| Property Type | |
| County | San Bernardino |
| Status | Active |
| Active | $699,999 |
| Structure Size | 2,895 sqft |
| Lot Size | 10,368 sqft |
| Beds | 8 |
| Baths | 4 |
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.
Listing information courtesy of: Jason Hurst, EGL Properties Incorporated 949-524-0471. *Based on information from the Association of REALTORS/Multiple Listing as of 11/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Alexis Miller
REALTOR®
Direct: 323.691.1051
Email: Email Me
DRE: 02174047
DRE #01873088
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