12075 Kings Rd
Adelanto, CA 92301

Bd   — Ba   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.
  • Zipcode: 92301
  • Days on Movoto: 32
  • Year Built: 1963
  • HOA: $0 HOA
  • $/Sqft: $106
  • Lot: 1.93 Acres
  • Property Type: Multi Family
  • MLS#: CV17117745
  • MLS:
  • Listing Office: COLDWELL BANKER COMMERCIAL RE
  • Listed By: JASON LAMOREAUX
  • Movoto last checked CRMLS for new data 25 minutes ago
  • CRMLS last updated this listing 1 month ago

Home Features for 12075 Kings Road, Adelanto

Overview
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Property History for 12075 Kings Road, Adelanto

Status
Date
Price
Listed
May 26, 2017
$650,000
#CV17117745
Sold
Jan 3, 2017
Pending
Sep 15, 2016
Listed
Aug 29, 2016
$430,000
#475881
As of today, there are 60 properties listed for sale in ZIP code 92301 and 60 properties listed for sale in the city of Adelanto, CA. This property at 12075 Kings Rd in 92301 is currently listed for $650,000. This is 206% above the $212,450 median price for Adelanto and 206% above the 92301 median of $212,450. Of the 60 properties for sale in Adelanto, 56 are single family homes and 4 are condos. 12075 Kings Rd is a multi family home that is approximately 6,160 Sqft, 271% above the Adelanto median of 1,659 and 271% above the 92301 ZIP code median of 1,659. The price per square foot is $106, which is 12% below the median price in 92301 of $121 and 12% below the Adelanto median of $121 per Sqft.
Built in 1963, this multi family house at 12075 Kings Rd is approximately 6,160 square feet and does not come with a parking spot. It is listed on 05/26/2017 with a cost per Sqft of $106. 12075 Kings Rd is located in the Adelanto Elementary. The closest school is Adelanto Elementary School.

12075 Kings Rd has been on the market for 32 days. The median days on the market for properties in this area is 40 with a median list price of $212,450 and median cost per square foot of $121. It's currently listed as active under the MLS #CV17117745.

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