11895 White Avenue, Adelanto, California 92301, Adelanto, 92301 - 0 bed, 0 bath
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Adelanto, California 92301
This triplex represents a High-Potential Investment Opportunity, listed at a List Price of $495,000—positioned well below the $495,000 Fair Market Value. Featuring a Condition Rating of 3, the property includes recent interior renovations and a new carport roof, ensuring immediate rental readiness. With a 5.71% current CAP rate and a path to 6.76% pro forma, this Residential Income asset provides reliable cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking to capitalize on the growing High Desert rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11895 White Avenue Subject | $495,000* List Price | 0 | 0 | 2,414 | $205 | - |
A 18610 Casaba Rd Sold | $415,000 | 0 | 0 | 1,768 | $235 | 1.0 mi |
B 11389 Lee Active | $439,900 List Price | 0 | 0 | 2,736 | $161 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property received recent interior renovations and a new carport roof in April. The interior features updated tile flooring and fresh paint, making the units move-in ready and functional for the rental market, despite dated window AC units.
The property offers a solid 5.71% current CAP rate with a clear path to a 6.76% pro forma CAP, providing attractive cash flow and a low 9.75 GRM for value-add investors.
Featuring recent interior renovations and a new carport roof completed in April, the property reduces immediate maintenance needs and capital expenditure for the buyer.
The triplex consists of three 2-bedroom, 1-bathroom units, a highly sought-after layout in the High Desert rental market that ensures consistent tenant demand.
With 460 days on the market, the property may carry a stigma or face perception issues regarding its valuation, which could impact future resale liquidity.
Located in Adelanto, the investment is subject to the economic volatility of the High Desert region, which often experiences slower appreciation compared to primary California markets.
****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. 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 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,414 | - |
| Lot Size | 9,147 | - |
| Price | $495.0K | $350.0K |
| Price per sq ft | $205 | $198 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 461 | 113 |
Jan 6, 2026
$495,000
$525,000
-6% Price Drop
Initial Listing
Sep 3, 2025
$525,000
Initial Listing
Apr 17, 2025
$480,000
Initial Listing