11895 White Avenue Active Save Request In-Person Tour Request Virtual Tour
Adelanto,CA 92301
Key Details
Property Type Multi-Family
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,414 sqft
Price per Sqft $217
MLS Listing ID IV25114926
Bedrooms 6
Full Baths 3
Year Built 1979
Property Sub-Type All Other Attached
Property Description
Presenting 11895 White Avean 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.
Location
State CA
County San Bernardino
Zoning R-3
Interior
Cooling Wall/Window
Exterior
View Y/N No
Building
Story 1
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard