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

Jerrod Waller

+1(858) 822-8634
$495,000
Est. payment /mo
6 Beds
3 Baths
2,414 SqFt
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UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,414 sqft

Price per Sqft $205

MLS Listing ID IV25114926

Bedrooms 6

Full Baths 3

Year Built 1979

Lot Size 9,000 Sqft

Property Sub-Type All Other Attached

Property Description

****Price Reduction****Presenting 11895 White Avean 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.

Location

State CA

County San Bernardino

Zoning R-3

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

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Water Access Desc Public

Building

Story 1

Sewer Conventional Septic

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 0459152440000

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by DARREN CORREA, DRE#02066621 LE INVESTMENT GROUP 

NEARBY SCHOOL & BUSINESS

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