Property Detail
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 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.
Map Location
Listing provided courtesy of DARREN CORREA of LE INVESTMENT GROUP. Last updated . Listing information © 2026 SANDICOR.
Marsha Pellar
DRE# 01239460
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DRE#: 01239460
1299 Prospect St Suite 100 La Jolla, CA 92037
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