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, 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.
Property Type
Residential IncomeSubdivision
FallbrookCounty
San BernardinoStyle
Residential IncomeAD ID
45167056
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 4
- Full Baths: 0
- Half Baths: 0
Cooling Features
- Evaporative Cooling
- Air Conditioning
Heating Source
- Baseboard
- Has Heating
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Exterior Features
Building Information
- Year Built: 1985
- Building Area Total: 2,895
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.238
- Lot Size Dimensions: 64x162
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 10368
-
Listing Information
Listing Price Information
- Original List Price: 625,000
- Listing Contract Date: 2024-06-01
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 0459253070000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Door-Single,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: ADL - Adelanto
- Postal Code Plus 4: 2839
- Directions: 11560 Sage Rd Adelanto CA
- Source Property Type: Residential Income
- Area: ADL - Adelanto
Building and Construction
- Property Age: 40
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 2895
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/09/2025 @ 08:14
- MLS: 24399019
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 2,895 sqft, 10,368 sized lot, and 0 parking. are nearby neighborhoods.