Adelanto, CA92301
| 2414 sqft | MLS# IV25085013
Tract:
For Sale $525,000
Description
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.
Facts
| Built in 1979 | Lot Size: 9147.00 sqft | HOA Dues: $0/month
Features
Listing provided by DARREN CORREA, LE INVESTMENT GROUP
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