Adelanto, CA 92301,11560 Sage Street
Adelanto, CA 92301,11560 Sage Street
Adelanto, CA 92301,11560 Sage Street
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$625,000
Est. payment /mo
8 Beds
2,895 SqFt
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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,895 sqft

Price per Sqft $215

MLS Listing ID CL24399019

Bedrooms 8

HOA Y/N No

Year Built 1985

Lot Size 10,368 Sqft

Acres 0.24

Property Sub-Type OTHER

Property Description

HIGH CASH FLOW!!! 10.43% property that is $65,196 Rental Income / sale price of $625,000 4 Unit property AND also CAPITAL APPRECIATION upside: Las Vegas to San Bernardine BULLET Train ONLY 8.1 Miles Away: VictorVille Train Station. Economic Growth and Development: *Pro-business and Pro-growth Environment: Adelanto's city administration is actively working to attract businesses and promote development, leading to increased industrial jobs and construction projects. * * Attracting Industries: The city has attracted major retailers, home builders (like Frontier Communities and D.R. Horton), and even expressed interest from Tesla for supercharging stations. * * Cannabis Industry: Adelanto has seen significant development in the legal cannabis industry, generating revenue and contributing to the city's economic sustainability. * * Vacant Property Tax: The city is implementing a vacant property tax to encourage the productive use of vacant properties and increase housing and commercial/industrial development. * * Retail Development: New retail developments, like the Cactus Plaza and the planned Adelanto Town Center, are being developed, further boosting the local economy. * * Adelanto City Center: A 19-acre mixed-use project is planned, including retail, medical uses, office space, apa

Location

State CA

County San Bernardino

Interior

Heating Baseboard

Cooling Evaporative Cooling

Fireplace No

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 0459253070000


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Bridge MLS
Listed by Jason Hurst • EGL Properties Incorporated
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11560 Sage Street