11560 Sage Street
Adelanto, CA, 92301
$699,999
Beds
0 Baths
SqFt
0.24 Acres
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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 Details

Price:
$699,999
MLS #:
24399019
Status:
Active
Baths:
0
Address:
11560 Sage Street
Type:
Residential Income
Neighborhood:
adladelanto
City:
Adelanto
Listed Date:
Jun 1, 2024
State:
CA
ZIP:
92301
Lot Size:
10,368 sqft / 0.24 acres (approx)
Year Built:
1985
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Cooling
Evaporative Cooling
Heating
Baseboard

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Parking Features
Garage – Single Door
Parking Spots
4.00

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Rover IDX
11560 Sage Street
Adelanto, CA