The Story

11895 White Avenue

Adelanto, CA 92301 · Condo

****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.


Facts & Features

Property Info

Price
$495,000
Completion Year
1,979
Living Space
2,414 sq ft
Floors
1
Bedrooms
6
Bathrooms
3

Features & Amenities

Cooling

Wall/Window Unit(s)

Water Source

Public

Sewer

Septic Tank

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Listing Broker

LE INVESTMENT GROUP

Broker Name

LE INVESTMENT GROUP

Agent

DARREN CORREA