Listing photo for 12075 Kings Road, Adelanto, CA

12075 Kings Road,

Adelanto, CA

$650,000

2 Beds
1 Baths
6,160 Sqft

"7% Cap Rate at list with 8 Fully occupied units in the fast growing city of Adelanto. This property offers 8 2 bedroom 1 bath units with there own separate gas, water and electric meters. The landlord is only responsible for trash and maintenance which there will be very little of as all 8 units have undergone extensive capital expenditures in the last two years. This is a turn key property waiting for the next owner to raise the under market rents to fully optimize cash on cash return. Located near the fast growing SCLA the premier job growth sector in the High Desert.

Facts & Features
MLS® # CV17117745
Price $650,000
Bedrooms 2
Bathrooms 1.00
Square Footage 6,160
Acres 0.00
Year Built 1963
Type Residential Income
Status Closed
Community Information
Address 12075 Kings Road
Area Adelanto (ADL)
City Adelanto
County San Bernardino
State CA
Zip Code 92301
Amenities
Is Waterfront No
Has Pool No
Interior
Fireplace No
# of Stories 1
Stories One Level
Exterior
Lot Description 6-10 Units/Acre
Additional Information
Date Listed May 26th, 2017
Days on Market 411
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Agent Jason Lamoreaux(01461062)
Office COLDWELL BANKER COMMERCIAL RE

Based on information from California Regional Multiple Listing Service, Inc. as of September 17th, 2019 at 4:22am CDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

What's Your Home Worth? Find out now, for Free.

Let's Go