Active
11895 White Avenue
Adelanto, California
Overview
- Residential
- 6
- 3
- 0
- 2414
- 249482
Description
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 offers 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.
Details
Updated on June 10, 2025 at 8:49 pm Listed by DARREN CORREA, LE INVESTMENT GROUP- Property ID: 249482
- Price: $525,000
- Property Size: 2414 Sqft
- Land Area: 9000 Square Feet
- Bedrooms: 6
- Bathrooms: 3
- Garage: 0
- Year Built: 1979
- Property Type: Residential
- Property Status: Active
Features
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