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$ 625,000
Est. payment | /mo
8 Beds
4 Baths
2,895 SqFt
$ 625,000
Est. payment | /mo
8 Beds
4 Baths
2,895 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,895 sqft
Price per Sqft $215
MLS Listing ID 24399019
Bedrooms 8
HOA Y/N No
Year Built 1985
Lot Size 10,367 Sqft
Property Description
This Property Value has went up over +300% in 11 years. and there is a lot of upside in Adelanto, Do a google search: "Growth potential in Adelanto CA" let AI show you. Also the Las Vegas Bullet Train Station is in the works, about 8 miles from this property. This is not KANSAS ANY MORE, it is CALIFORNIA!!!! so it is amazing. 2 tenants recently moved out, so income AS IS is $28,272 per year, so seller is willing to take $590,000 AS IS. After we place tenants of $1700 for 2br and $1850 for 3Br then total rents will be $70,872 and we will increase the sell prices. This is a high potential cash flow 4 unit property that also has HIGH appreciation upside. VERY VERY Difficult to find this kind of property in CALIFORNIA HIGH CASH FLOW and CAPITAL APPRECIATION, We all know how high prices are in CALI, so it is almost impossible. Give me a call to discuss
Location
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Heating Baseboard
Cooling Evaporative Cooling
Fireplace No
Exterior
Parking Features Door-Single, Garage
Total Parking Spaces 4
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0459253070000
Special Listing Condition Standard

Listed by Jason Hurst EGL Properties Incorporated

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