11895 White AVE, Adelanto, CA 92301
11895 White AVE, Adelanto, CA 92301
11895 White AVE, Adelanto, CA 92301
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$495,000
Est. payment /mo
6 Beds
3 Baths
2,414 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,414 sqft

Price per Sqft $205

MLS Listing ID IV25114926

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1979

Lot Size 8,999 Sqft

Property Sub-Type Triplex

Property Description

****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.

Location

State CA

County San Bernardino

Area Adl - Adelanto

Zoning R-3

Rooms

Main Level Bedrooms 1

Interior

Interior Features All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Urban, Valley

View Y/N Yes

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Triplex

Story 1

Entry Level One

Sewer Septic Tank

Water Public

Level or Stories One

New Construction No

Schools

School District Adelanto

Others

Senior Community No

Tax ID 0459152440000

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


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Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840, DRE #02066621

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11895 White AVE