11560 Sage StreetAdelanto, CA 92301
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$2,852One of the HIGHEST CASH FLOW PROPERTIES IN ADELANTO! HAS UPSIDE TO GET EVEN MORE CASH FLOW!!! As is. 10.43% 4 unit property that is $65,196 Rental Income / sale price of $625,000 SINCE 2014 This Property has CAPITAL APPRECIATED over +300%. Still more CAPITAL APPRECIATION upside on the way: 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.
2 weeks ago | Listing updated with changes from the MLS® | |
4 months ago | Price changed to $625,000 | |
a year ago | Listing first seen on site |

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