$525,000
$45K PRICE INCREASE

11895 White Ave Adelanto, CA 92301

Estimated payment $2,921/month

Total Views 4,872
2 Beds
1 Bath
2,414 Sq Ft
$217 Price per Sq Ft

About This Home

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 offers 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.

Listing Agent

Darren Correa

LE INVESTMENT GROUP Brokerage Phone: 714-310-2840 License #02066621 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 1979

Lot Details

  • 9,147 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex

Interior Spaces

  • 2,414 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1914
  • Assessor Parcel Number 0459152440000
  • $63,628 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,005
  • Fuel Expense $1,005
  • Insurance Expense $2,200
  • Trash Expense $1,005
  • Water Sewer Expense $1,005
  • Operating Expense $14,782
  • Gross Income $46,140
  • Net Operating Income $29,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$724

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Other Phone Description: (626)310-9398
  • Price Per Unit: 175000
  • Property Attached: Yes
  • Water Sewer Expenses: 1005.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0459152440000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 217.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1005.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9147.00
  • Lot Size Acres: 0.2100

Multi Family

  • Electric Expense: 1005.00
  • Fuel Expense: 1005.00
  • Gross Income: 46140.00
  • Gross Scheduled Income: 46140.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 9147.0000 Square Feet
  • Net Operating Income: 29974.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14782.00
  • Rent Control: No
  • Total Expenses: 14782.00

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 1914
  • TaxOtherAnnualAssessmentAmount: 63628.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $724 $64,901 $12,019 $52,882
2024 $724 $63,628 $11,783 $51,845
2023 $717 $62,380 $11,552 $50,828
2022 $703 $61,156 $11,325 $49,831
2021 $745 $59,957 $11,103 $48,854
2020 $731 $59,342 $10,989 $48,353
2019 $726 $58,179 $10,774 $47,405
2018 $734 $57,038 $10,563 $46,475
2017 $713 $55,920 $10,356 $45,564
2016 $699 $54,824 $10,153 $44,671
2015 $2,222 $179,104 $22,962 $156,142
2014 $2,201 $175,595 $22,512 $153,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $525,000 -- $217 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $54,000 Fidelity National Title Co
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25085013

California Regional Multiple Listing Service (CRMLS)

APN: 0459-152-44