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6-Bedroom Residential — 11895 White Avenue, Adelanto, CA

$495,000

11895 White Avenue, Adelanto, CA

$495,000 — 11895 White Avenue, Adelanto, CA — photo 1 $495,000 — 11895 White Avenue, Adelanto, CA — photo 2 $495,000 — 11895 White Avenue, Adelanto, CA — photo 3 $495,000 — 11895 White Avenue, Adelanto, CA — photo 4 $495,000 — 11895 White Avenue, Adelanto, CA — photo 5
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About this property

****Price Reduction****Presenting 11895 White Ave—an excellent triplex investment opportunity in the growing High Desert rental market. Priced at $495,000, this single-story property features three 2-bedroom, 1-bath units, totaling approximately 2,414 rentable square feet on a 0.21-acre lot. Recent interior renovations and new car port roof conducted in April. The current annual gross income is $46,140, with market rents supporting a projected gross of $53,820. Operating at a 6.12% current CAP rate, this property offers the potential to push to a 7.23% 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

Bedrooms
6
Bathrooms
3
Square feet
2,414
Year built
1979
Property type
Residential

Location

11895 White Avenue • Adelanto, CA 92301

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Listed by

DARREN CORREA · LE INVESTMENT GROUP

Listing courtesy of LE INVESTMENT GROUP. Information deemed reliable but not guaranteed.

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