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12075 Kings Road, Adelanto, CA 92301

$650,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
12075 Kings Road, Adelanto, CA 92301View this property at 12075 Kings Road, Adelanto, CA 92301
12075 Kings RoadAdelantoCA92301
Property Description
"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.

Full Property Details for 12075 Kings Rd

General

  • Price: $650,000
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: CV17117745
  • Updated: 7/11/2018
  • Added: 445 day(s) ago

Additional Information

  • Pool Description: None

Location

  • Area: ADL - Adelanto
  • County: San Bernardino
  • Development Name: ADL - Adelanto
  • Driving Directions: Call

Utilities

  • Water: Public
  • # Water Meters: 8
  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 6,160
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 8
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 84,070
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $105.52

Listed by Coldwell Banker Commercial Re, JASON LAMOREAUX

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Schools

Schools serving 12075 Kings Rd

Score
Name
Grades
Distance
1
17931 Jonathan St, Adelanto, CA 92301
K-6
0.5 mi
1
13001 Mesa Linda Rd, Victorville, CA 92392
7-8
6.1 mi
2
13853 Seneca Rd, Victorville, CA 92394
9-12
3.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 12075 Kings Rd Get Price Alerts

Date
Details
Price
Change
Source
12/15/2017
Price Increased
$650,000
3.17%
MLS
7/10/2017
Price Reduced
$630,000
-3.08%
MLS
5/26/2017
Listed
$650,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 12075 Kings Rd

Listed by Coldwell Banker Commercial Re, JASON LAMOREAUX

12075 Kings Road, Adelanto, CA 92301 (MLS# CV17117745) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 12075 Kings Road is currently listed for $650,000 and was received on May 26, 2017. Want to learn more about 12075 Kings Road? Do you have questions about finding other Multi-Family real estate for sale in Adelanto? You can browse all Adelanto real estate or contact a Coldwell Banker agent to request more information.