$495,000
11895 White Avenue, Adelanto, CA 92301
- 2 beds |
- 1 bath
Multi-Family Home
Built in ——
9,148sqft lot
—— car garage
$——/sqft
Listed 1 year ago
Property Description
****Price Reduction****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
- Date Added:
- April 14, 2025
- Data Last Updated:
- July 6, 2026 at 2:13PM
- Listing Office:
- LE INVESTMENT GROUP : 909-256-7889
- Listing Agent:
- DARREN CORREA : 714-310-2840
- MLS ID:
- IV25085013
- Originating MLS: California Regional MLS
- County: San Bernardino
- Zoning: Public Rec0459152440000
- Utilities: Septic Installed
- 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 $
