17
See all 17 photos
Listed by DARREN CORREA • LE INVESTMENT GROUP
$480,000
Est. payment /mo
2,414 SqFt
Active
11895 White Avenue Adelanto, CA 92301
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,414 sqft
Price per Sqft $198
MLS Listing ID IV-25085013
Year Built 1979
Lot Size 9,147 Sqft
Property Sub-Type Triplex
Property Description
Presenting 11895 White Ave--an excellent triplex investment opportunity in the growing High Desert rental market. Priced at $480,000, this single-story property features three 2-bedroom, 1-bath units, totaling approximately 2,414 rentable square feet on a 0.21-acre lot. The current annual gross income is $46,140, with market rents supporting a projected gross of $53,820. Operating at a 6.25% current CAP rate, this property offers the potential to push to a 7.39% pro forma CAP with minor rent adjustments. The pro forma GRM is 8.92, providing a solid value-add opportunity for investors seeking reliable cash flow and long-term appreciation.
Location
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Rural
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer