11560 Sage Street
$699,999
8
4
2,895
2,895
$242
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...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.
- Listed by Jason Hurst • DRE #02067523 • Brokerage DRE #01187406 • EGL Properties Incorporated
Property Details for 11560 Sage Street
Parcel Number
0459253070000
Total Units4.0
Living Area2895
Source Living AreaVendor Enhanced
AreaAdelanto (ADL)
Vacancy Rate0
Lot Size Area10368
Source Lot Size AreaVendor Enhanced
LISTING UPDATED: 10/16/2024 10:03 AM
Property Details for 11560 Sage Street
Status | Active |
---|---|
MLS # | 24-399019 |
Days on Market | 167 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1985 |
Lot Size | 0.24 AC / 10,368 SF |
County | San Bernardino County |
Building Information for 11560 Sage Street
Stories-Residences-Year Built1985Building Size-Lot Size0.24 AC / 10,368 SF
Property Information for 11560 Sage Street
Property History for 11560 Sage Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11560 Sage Street
Taxable ValueLand$21,224Additions$395,300Total$416,524
Tax Record2024$4,674 ($389 / month)
Home Facts
Total Finished SqFt2,895 SqFtAbove Grade Finished SqFt2,895 SqFtLot Size10,368 SqFtStyleQuadraplexYear Built1985CountySAN BERNARDINOAPN0459-253-07-0000
Schools near 11560 Sage Street
This home is within Victor Valley Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Westside Park Elementary School PublicK to 5 | ||
Mesa Linda Middle School Public6 to 8 | ||
Adelanto High School Public9 to 12 | ||
Taylion High Desert Academy CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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