$525,000

11895 White Avenue, Adelanto, CA 92301

  • 2 beds |
  • 1 bath
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Presenting 11895 White Avean 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.

Listing Status:
Active
Listing Office:
LE INVESTMENT GROUP :
Listing Agent:
DARREN CORREA : 714-310-2840
MLS ID:
IV25085013
  • Pool: N/K
  • Originating MLS: California Regional MLS
  • County: San Bernardino
  • Zoning: Public Rec0459152440000
  • Source: California Regional MLS

This listing courtesy of DARREN CORREA, LE INVESTMENT GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Adelanto Elementary School

17931 Jonathan St, Adelanto, CA, 92301

Grades KG-5

0.63 miles away

A

Adelanto Virtual Academy

17738 Nevada St, Victorville, CA, 92394

Grades KG-8

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.