




****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.
Bedrooms
6
Bathrooms
3
Square Feet
2,414
Lot Size
9,000 sqft
Year Built
1979
Property Type
Triplex
Days on Market
424
Garage Total
0
MLS #
IV25114926
Interior Features
All Bedrooms Down
Main Level Bedrooms
1
Main Level Bathrooms
1
Cooling
Wall Window Units
Lot Features
Two To Five Units Acre
Sewer
Septic Tank
Water Source
Public
Urban, Valley
$0
| Rating | School Name |
|---|---|
N/A | Bright Futures Academy - Adelanto Private School |
1 | Adelanto Elementary Elementary School |
1 | Adelanto Virtual Academy Elementary School |
1 | Westside Park Elementary Elementary School |
4 | George Visual And Performing Arts Magnet And Middle Elementary School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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