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$ 495,000
Est. payment /mo
Price Dropped by $30K
11895 White Avenue Adelanto, CA 92301
6 Beds
3 Baths
2,414 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type All Other Attached
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
Year Built 1979
Lot Size 9,000 Sqft
Property Sub-Type All Other Attached
Property Description
****Price Reduction****Presenting 11895 White Avean 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. 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
Zoning R-3
Direction From Hwy 395, head west on Air Expressway Blvd, turn left on White Aveproperty is on the right.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 0459152440000
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard

Listed by DARREN CORREA LE INVESTMENT GROUP
School and business data provided by Attom Data.






