Listing provided courtesy of DARREN CORREA of LE INVESTMENT GROUP. Last updated . Listing information © 2025 Sandicor.
Asking Price: $495,000
11895 White Avenue, Adelanto CA 92301
Community:
This ResidentialIncome property was built in and is priced at $495,000. Please see the additional details below.
****Price Reduction****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.
