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Listed by: Carlos Ascencio (562) 254-8677 DRE #01324790 | Real Brokerage Technologies (916) 848-7554
$1,200,000
14 Beds
- 7 Baths
--sqft
9140 E, Hesperia, CA 92345
$1,200,000
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Mixed Use
Built in 1977
$-- HOA
18,750 sqft lot
--/sqft
Description
Investment Opportunity: 9140 E Avenue, Hesperia, CA
Seven-unit multifamily investment offering immediate cash flow with clear upside. Each of the seven units features a 2-bedroom, 1-bathroom layout, and all units have been fully remodeled and are 100% leased — delivering stabilized income from day one.
Currently producing a 7.69% cap rate, this asset offers significant upside potential: bringing rents to market value would push the cap rate to 8.64%, making this a compelling value-add opportunity for investors seeking strong in-place returns with room to grow.
Ideally located in Hesperia within the High Desert submarket, this turnkey property is well-suited...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1977
HOA Fees
-
Finished Area
- sqft
Lot Size
18,750 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26167418
MLS Status
Active
Days on Market
4
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