11895 White AVE new Save Request In-Person Tour Request Virtual Tour
Adelanto,CA 92301
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25085013
Year Built 1979
Lot Size 9,147 Sqft
Property Sub-Type Triplex
Property 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
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Laundry None
Exterior
Pool None
Community Features Rural
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,FHA
Listing Terms Cash,Cash to New Loan,Conventional,FHA
Special Listing Condition Standard