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Listed by DARREN CORREA • LE INVESTMENT GROUP
$ 480,000
Est. payment /mo
Active
11895 White Avenue Adelanto, CA 92301
2,414 SqFt
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 CRIV25085013
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Fireplace No
Laundry No Hookups
Building
Water Public
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Sofia Gurevich
Real Estate & Mortgage Broker | License ID: CA DRE 01249163 I NMLS 287968