11895 White Avenue, Adelanto, CA 92301 - MLS#IV25114926

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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$525,000

Est. payment - /mo

6 Beds

3 Baths

2,414 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

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

Property Sub-Type All Other Attached

Property Description

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 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

Zoning R-3

Direction From Hwy 395, head west on Air Expressway Blvd, turn left on White Aveproperty is on the right.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Water Access Desc Public

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 0459152440000

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by DARREN CORREA LE INVESTMENT GROUP

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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11895 White Avenue Adelanto, CA 92301

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

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