For sale
  • Listing Provided by: 

    DARREN CORREA DRE #02066621 714-310-2840,

    LE INVESTMENT GROUP

    $525,000

    11895 White Ave, Adelanto, CA 92301

    6beds
    2,414sqft
    : 
    Triplex
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $217/sqft
    $-- HOA

    What's special

    Single-story property
    Presenting 11895 White Ave—an 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.
    60 days
    on Zillow
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    157
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