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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$495,000

Est. payment - /mo

9,147 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25085013

HOA Y/N No

Year Built 1979

Lot Size 9,147 Sqft

Property Sub-Type Triplex

Property Description

****Price Reduction****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 provides 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

Interior

Fireplace No

Laundry None

Exterior

Carport Spaces 3

Pool None

Community Features Rural

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Septic Tank

Water Public

New Construction No

Others

Senior Community No

Tax ID 0459152440000

Energy Description 1005.0

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard

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Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840, DRE #02066621

NEARBY SCHOOL & BUSINESS

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11895 White AVE Adelanto, CA 92301