CA > Adelanto
Adelanto, CA 92301,11895 White Avenue
Adelanto, CA 92301,11895 White Avenue
Adelanto, CA 92301,11895 White Avenue
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$525,000
Est. payment /mo
2 Beds
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25085013

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

Presenting 11895 White Avean 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 provides 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.

Location

State CA

County San Bernardino

Zoning Public Rec

Direction From Hwy 395, head west on Air Expressway Blvd, turn left on White Aveproperty is on the right.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 0459152440000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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MLS Router / San Diego MLS
Listed by DARREN CORREA LE INVESTMENT GROUP
Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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11895 White Avenue