18140 Poinciana Road, Adelanto, CA 92301

  • $700,000
  • $640,000
18140 Poinciana Road, Adelanto, CA 92301
Active
18140 Poinciana Road, Adelanto, CA 92301
18140 Poinciana Road, Adelanto, CA 92301
  • $700,000
  • $640,000

Description

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$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 32%, and tenants pay their own utilities (gas/electric).

  • Address 18140 Poinciana Road
  • City Adelanto
  • State/county CA
  • Zip/Postal Code 92301
  • Country US

Details

Updated on May 21, 2025 at 6:35 pm
  • Property ID: IV25084672
  • Price: $700,000
  • Property Size: 3338 Square Feet
  • Land Area: 0.1994 Acres
  • Garages: 4.0
  • Garage Size: x x
  • Year Built: 1986
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman