Listing provided courtesy of DARREN CORREA of LE INVESTMENT GROUP. Last updated 2025-04-19 08:11:36.000000. Listing information © 2024 Sandicor.
Asking Price: $480,000 |
11895 White, Adelanto CA 92301
Community: ADL - Adelanto
This Triplex property was built in 1979 and is priced at $480,000. Please see the additional details below.
Presenting 11895 White Ave—an excellent triplex investment opportunity in the growing High Desert rental market. Priced at $480,000, 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 6.25% current CAP rate, this property offers the potential to push to a 7.39% pro forma CAP with minor rent adjustments. The pro forma GRM is 8.92, providing a solid value-add opportunity for investors seeking reliable cash flow and long-term appreciation.
