$495,000 USD
Home for Sale, White Avenue, Adelanto, California 92301
- MLS#374458988
- 6
- 3
224 m² (2,414 ft²)
Listed By LE INVESTMENT GROUP
The Home for Sale located at White Avenue, Adelanto, California 92301 is currently for sale. White Avenue, Adelanto, California 92301 is listed for $495,000. This property has 6 bedrooms, 3 bathrooms.
Property features
Property
- Property size:
224 m² (2,414 ft²)
Lot/Land
- Land/Lot size:
836 m² (9,000 ft²)
Construction
- Year built: 1979
Bedrooms
- Bedrooms: 6
Bathrooms
- Total bathrooms: 3
- Full bathrooms: 3
Heating and Cooling
- Cooling system: Window Unit(s)
Description
****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. 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.
Location
White Avenue, Adelanto, California 92301