

Listed by Le Investment Group
$495,000
11895 White Avenue
Details
APN 0459152440000
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 1
Stories 1
Acreage 0.210
Zoning Public Rec
Multifamily | 3 Units
Marketing description
****Price Reduction****Presenting 11895 White Avean 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 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.
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Listed by Le Investment Group
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Zoning
BP CommercialSpecial CommercialBusiness Park
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View all 131 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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