11895 White Avenue, Adelanto, CA 92301

0 beds 0 baths 9,147 sq.ft.

Offerered at: $525,000.00

County: San Bernardino
Year Built: 1979
Association Fees: $0.00/mo.

Property 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.

ESSENTIAL INFO

  • Status: Active