11560 Sage Street, Adelanto, CA 92301

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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.


Interior Features

Bedroom Information
Bedrooms 8
Bathroom Information
Bathrooms 4
Interior Information
Cooling Type Evaporative Cooling

Listing Information

Address 11560 Sage Street
City Adelanto
State CA
Zip 92301
County San Bernardino
Listing Agent Jason Hurst DRE #02067523
Courtesy Of EGL Properties Incorporated
List Price $699,999
Status Active
Type Residential Income
Structure Size 2,895
Lot Size 10,368
Year Built 1985

Listing information courtesy of: Jason Hurst, EGL Properties Incorporated. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 5:20 PM 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.