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Listed by DARREN CORREA • LE INVESTMENT GROUP
$ 495,000
Est. payment | /mo
6 Beds
3 Baths
2,414 SqFt
$ 495,000
Est. payment | /mo
6 Beds
3 Baths
2,414 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,414 sqft
Price per Sqft $205
MLS Listing ID CRIV25114926
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1979
Lot Size 9,000 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property 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
State CA
County San Bernardino
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View Other
Private Pool false
Building
Story 1
Water Public
Schools
School District Adelanto
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Yeimalis Acevedo-Rasmussen
Broker-Owner | Lic# CA 01727676 | TX 9014437