$495,000
11895 White Avenue
Adelanto CA 92301
6
Beds
3
Baths
2,414
Sq ft
Triplex
Type
Adelanto Triplex for sale
****Price Reduction****Presenting 11895 White Ave—an 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.
Listed by DARREN CORREA, LE INVESTMENT GROUP
Contact: albert.le@leinvestmentgroup.com