$650,000
$76,250 to all the investors out there who tried to Low ball this property, you missed the boat. Still it is not too late. Did you see $76,250 for a $650,000 property? That is a GRM of 8.52 and a Gross rent to purchase price of 11.73%. WAIT IS THAT IN CALIFORNIA? WAKE UP, We aren't in Kansas anymore, this is CALI! Also this property has appreciated over 300% since 2014, 12 years, again way above the Cali normal numbers. Adelanto is also a growing town so will see more appreciation. If you are a serious buyer or a mature agent, then you must call me to TALK. Rule # 1 we talk then we go from there. Rule # 2 see rule # 1. Plus we have a full inspection report on this property, so no surprises. Again $76,250 a year rental income, and 4 good tenants with upside is property values. Call me!
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Listed by Jason Hurst with EGL Properties Incorporated (310) 481-0922
Property Type
Residential Income
Status
Active
MLS Number
24399019
Year Built
1985
Lot Size
10,367 sq ft