HIGH CASH FLOW!!! 10.43% property that is $65,196 Rental Income / sale price of $625,000 4 Unit property AND also CAPITAL APPRECIATION upside: 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.
|
DAYS ON MARKET
|
346
|
LAST UPDATED
|
3/3/2025
|
|
YEAR BUILT
|
1985
|
COMMUNITY
|
Adelanto
|
|
COUNTY
|
San Bernardino
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Oct 3, '24
|
$700,000
|
|
Oct 3, '24 - Dec 16, '24 |
$699,999
|
|
Dec 16, '24 - Feb 3, '25 |
$675,000
|
|
Feb 3, '25 - Mar 3, '25 |
$650,000
|
| Mar 3, '25 - Today |
$625,000 |
| AIR |
Evaporative Cooling |
| AIR CONDITIONING |
Yes |
| AREA |
Adelanto |
| GARAGE |
Door-Single, Garage, Yes |
| HEAT |
Baseboard |
| LOT |
10368 sq ft |
| LOT DIMENSIONS |
64x162 |
| PARKING |
Door-Single,Garage |
| STORIES |
1 |
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Listed with EGL Properties Incorporated
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/25 7:47 AM PDT 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. Properties may or may not be listed by the office/agent presenting the information
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