5 months on rocket

11560 Sage St, Adelanto, CA, 92301

$699,999

Home List Price

$8,312*

Closing Credit

8 Bedrooms
4 Baths
2,895 SqFt
$242/SqFt
House

Location

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11560 Sage St, Adelanto$699,999

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Single, Garage
Year Built1985
HeatingBaseboard
CoolingEvaporative Cooling
MLS #24399019
Lot Size0.24 Acres
StatusActive

About 11560 Sage St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 0
  • Living Area: 2,895 SqFt

Listing Office:

  • Office Name: EGL Properties Incorporated
  • Office Phone: (310) 481-0922
  • Listing Agent: Jason Hurst

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Door-Single, Garage

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: 11560 Sage Rd Adelanto CA

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $4,816
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Adelanto, CA.

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Adelanto, CA

City

Med. Sold Price

$400K

Med. Price/SqFt

$246

Avg. Days On Market

31

# of Sold Homes

16

11560 Sage St vs Adelanto

176 DAYS ON ROCKET

+145 Days

$699,999

+$299.9K More

$242/SqFt

-$4 Less

KEY TAKEAWAY

This property is $299.9K more than the Median Sold Price and $4/SqFt less than other homes in Adelanto, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24399019

Listing Office:

  • Office Name: EGL Properties Incorporated
  • Office Phone: (310) 481-0922
  • Listing Agent: Jason Hurst

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 27, 2020Home Sold
$392,500
Jul 11, 2014Home Sold
$196,000
Aug 03, 2011Home Sold
$51,500
Feb 29, 2008Home Sold
$240,000
Oct 15, 2004Home Sold
$192,000
May 01, 1997Home Sold
$46,000
Jan 30, 1990Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,816$166,550
2020$1,994$164,842
2019$2,017$161,610
2018$1,959$158,441
2017$1,921$155,334

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1230212
2
/10

  • Westside Park Elementary School

  • 18270 Casaba Rd

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-1230213
2
/10

  • Adelanto Elementary School

  • 17931 Jonathan St

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-1230214
3
/10

  • Victoria Magathan Elementary School

  • 11411 Holly Rd

  • 2.76 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,794. Typical income of Adelanto, CA residents is less than $35k annually. The majority of families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11560 Sage St

What is the listing price of this property?

The listing price of 11560 Sage St property is $699,999.

What type of property is this?

The property 11560 Sage St is a house located in Adelanto, California, 92301.

Is this property for sale now?

Active Listing: 11560 Sage St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,816 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 27, 2020 for $392,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11560 Sage St has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 11560 Sage St is 2,895 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11560 Sage St is 1985.

Rocket Homes›California›San Bernardino County›Adelanto›92301›11560 Sage St

This home is located at 11560 Sage St in Adelanto, CA and zip code 92301. This 2,895 square foot home, which was built in 1985, sits on a 0.24 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 01, 2024 and is currently priced at $699,999.

While more than 10 listings in Adelanto, CA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 1 were sold below. Between September 2024 and October 2024, Adelanto, CA real estate market has seen decrease in the number of listings by 1.9%. Listings spent 31 days on the market in October 2024, and had a median list price of $400,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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