12012 12020 Air

Adelanto, CA 92301

PRICE REDUCED

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-$50,000 (-8.33%)

$550,000

List Price

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1972

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Property Description

Great retail strip center in the heart of Adelanto area! The property includes five fully leased units generating a steady rent roll of $3,300 per month. this investment offers below-market rents, providing room for future rent increases (higher CAP rate) and property value appreciation. Newly Paved w ADA approval. Roof sealed recently! Great Investment Opportunity! In addition to the strip center, there are four land parcels being sold. Combined sold for $700,000!

Listing Information

List Price $550,000
Status Active
MLS CV24138873
Type Commercial
Subtype Retail
Year Built 1972
Lot Size 18,720
Structure Size N/A
DOM 66
Courtesy Of REALTY MASTERS & ASSOCIATES
Listing Agent Rachel Kim DRE#01992534
Co-Listing Agent Robert Mendez DRE#01971883

Interior Features

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Maps

Listing information courtesy of: Rachel Kim, Robert Mendez, REALTY MASTERS & ASSOCIATES . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 13th, 2024 at 3:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.