11895 White Avenue
Adelanto, CA 92301
0.21 acres | #IV25085013
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
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: DARREN CORREA (#IVCORRDAR)
Listing Office: LE INVESTMENT GROUP (#IVLEIN)
