18140 Poinciana Road, Adelanto, CA 92301 - Berkshire Hathaway HomeServices California Properties
Phone310-890-6928
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18140 Poinciana Road, Adelanto, CA 92301

$640,000 Approx. USD 0 beds, 0 baths
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Listing Agent


DARREN CORREA | darren.correa@leinvestmentgroup.com
Lic#: 02066621
Broker: Courtesy of LE INVESTMENT GROUP

Agent Remarks

Welcome to 18140 Poinciana Rd—a well-maintained fourplex offering immediate cash flow and upside potential in the fast-growing High Desert region. Priced at$640,000, 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 7.35% pro forma CAP rate. With a current CAP of 6.34% and pro forma GRM of 9.13, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 30–32%, and tenants pay their own utilities (gas/electric).

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# IV25084672
Price: $640,000
Beds: 0
Baths: 0
Built in 1986
0.20 acres
Lot size: 0.1994
County: San Bernardino
Lot description: TwoToFiveUnitsAcre
MLS area: ADL - Adelanto

Last Updated: 4/19/2025

 Days On Market (DOM): 18

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This listing belongs to the ADL - Adelanto MLS area

Lat/Long: 34.580431, -117.425216.
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Source: CRM. Also Available in IV25081788,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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