Adelanto, CA 92301 11560 Sage Street

11560 Sage Street Adelanto, CA - Image 111560 Sage Street Adelanto, CA - Image 211560 Sage Street Adelanto, CA - Image 3
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Presented By: Jason Hurst with EGL Properties Incorporated;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24399019
  • 06/01/2024
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 2,895
  • Garage • 1

Home Details

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, apartments, a hotel, and more. *Population and Housing Growth: *Population Growth: Adelanto is experiencing population growth, with a recent increase of 1.96% between 2021 and 2022. * * Construction of Homes: Due to the influx of jobs, there has been a surge in the construction of single-family homes. * * Housing Projects: Several housing projects are underway, including those by Frontier Communities and D.R. Horton. *Location and Infrastructure: *High Desert Location: Adelanto is located in the western portion of the High Desert, offering a unique environment and potential for development. * * Highway 395: The city's location along Highway 395 provides access to major transportation routes and facilitates development. * * Future Retail Developments: Future retail developments, such as the Adelanto Town Center, are planned on the corner of Highway 395 and Mojave Drive.
Presented By: Jason Hurst with EGL Properties Incorporated;

Interior Features for 11560 Sage Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories

General for 11560 Sage Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.4
Carport Y/NNo
CityAdelanto
CoolingEvaporativeCooling
CountySan Bernardino
Directions11560 Sage Rd Adelanto CA
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income5433.0
HOANo
HeatingBaseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet10368.0
Lot Size UnitsSquareFeet
MLS AreaADL - Adelanto
MobileHomeRemainsYNNo
Net Operating Income4379.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Waterfront Y/NNo
Year Built1985

Exterior for 11560 Sage Street

Building Area Total2895.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions64x162
Lot Size Acres0.238
Lot Size Area10368.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Private PoolNo
SpaNo
Total Parking4.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $625,000
MLS#24399019
List Date 06/01/2024
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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