11895 White AVE new Save Request In-Person Tour Request Virtual Tour
Adelanto,CA 92301
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,414 sqft
Price per Sqft $217
MLS Listing ID IV25114926
Bedrooms 6
Full Baths 3
Year Built 1979
Lot Size 8,999 Sqft
Property Sub-Type Triplex
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.
Location
State CA
County San Bernardino
Area Adl - Adelanto
Zoning R-3
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry None
Exterior
Pool None
Community Features Urban,Valley
View Y/N Yes
Building
Lot Description 2-5 Units/Acre
Dwelling Type Triplex
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Adelanto
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard