Do Real Estate on the Go!
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Do Real Estate on the Go!
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Listed by: DARREN CORREA (714) 310-2840 DRE #02066621 | LE INVESTMENT GROUP (909) 256-7889
$495,000
2 Beds
- 1 Bath
--sqft
11895 White Ave, Adelanto, CA 92301
$495,000
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Triplex
Built in 1979
$-- HOA
9,147 sqft lot
--/sqft
Description
****Price Reduction****Presenting 11895 White Ave—an excellent triplex investment opportunity in the growing High Desert rental market. Priced at $525,000, 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 5.71% current CAP rate, this property provides the potential to push to a 6.76% pro forma CAP with minor rent adjustments. The pro forma GRM is 9.75, providing a solid value-add opportunity for investors seeking reliable cash flow and long-term appreciation.
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1979
HOA Fees
-
Finished Area
- sqft
Lot Size
9,147 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV25085013
MLS Status
Active
Days on Market
381
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