Adelanto, CA
$495,000
11895 White Avenue, Adelanto, CA
6
Beds
3
Baths
2,414
Sq Ft
1979
Built
424
Days listed
About this home
****Price Reduction****Presenting 11895 White Ave—an 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. Recent interior renovations and new car port roof conducted in April. 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.
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 3 full
- Living area
- 2,414 sq ft
- Interior features
- All Bedrooms Down
- Fireplace
- None
- Cooling
- Wall Window Units
- Laundry
- None
- Levels
- One
Exterior & lot
- Lot size
- 0.207 acres (9,000 sq ft)
- Pool
- None
- Year built
- 1979
Community
- Area
- ADL - Adelanto
- County
- San Bernardino
- Community features
- Urban, Valley
Listing details
- Status
- Active
- Property type
- Triplex
- Days on market
- 424
- Listed
- 2025-05-22
- Original price
- $525,000
- Terms
- Conventional
- Parcel #
- 0459152440000
- MLS #
- IV25114926
Listed by
DARREN CORREA · LE INVESTMENT GROUP
