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Listed by: DARREN CORREA DRE #02066621 | LE INVESTMENT GROUP (909) 256-7889
$700,000
6 Beds
4 Baths
--sqft
18140 Poinciana Rd, Adelanto, CA 92301
$700,000
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Quadruplex
Built in 1986
$-- HOA
8,687 sqft lot
--/sqft
Description
Welcome to 18140 Poinciana Rd—a well-maintained fourplex presenting immediate cash flow and upside potential in the fast-growing High Desert region. Priced at$700,000, this two-story building consists of four spacious units: one 3-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath, totaling approximately 3,338rentable square feet on a 0.20-acre lot. Current rents generate a Gross Scheduled Income of $61,236 annually with market rents projected at $70,080—offering an attractive path to a 6.63% pro forma CAP rate. With a current CAP of 5.83% and pro forma GRM of 9.99, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 3...
Continue Reading- Houzeo last checked: 54 Minutes ago
- Listing updated: December 19, 2025 at 8:19 am
- Source: California Regional MLS-CA | MLS#: IV25084672
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1986
HOA Fees
-
Finished Area
- sqft
Lot Size
8,687 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV25084672
MLS Status
Pending
Days on Market
246
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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