Property listed by LE INVESTMENT GROUP, DARREN CORREA 714-310-2840
$495,000
****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… Read More 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. Read Less
Listing Snapshot
Days Online
354
Last Updated
Property Type
Triplex
Lot Size
0.21 Acres
Year Built
1979
MLS Number
IV25085013
Additional Details
Building
Built in 1979, 1 building, 1 storey, Entry level: 1, Entry location: 1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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