9140 E, Hesperia, California 92345

  • $1,200,000
9140 E, Hesperia, CA 92345
Active Updated/Remodeled,Turnkey
9140 E, Hesperia, California 92345
9140 E, Hesperia, CA 92345
  • $1,200,000

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 for both 1031 exchange buyers and investors looking to add a low-maintenance, cash-flowing asset to their portfolio. With recent renovations already completed, ownership can step in without deferred maintenance concerns and simply execute a rent growth strategy to capture additional yield. Highlights: * 7 units, all 2BR/1BA * Fully remodeled, 100% occupied * 7.69% current cap rate / 8.64% pro forma at market rents * Turnkey — renovations complete, minimal capex needed * Strong upside through organic rent growth

  • Address 9140 E
  • City Hesperia
  • State/county CA
  • Zip/Postal Code 92345
  • Country US

Details

Updated on July 31, 2026 at 8:54 pm
  • Property ID: PW26167418
  • Price: $1,200,000
  • Property Size: 5876 Sqft
  • Land Area: 0.4304 Acres
  • Year Built: 1977
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
  • Utilities: Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • County: San Bernardino
  • Property Type: Residential Income
  • Pool: None
  • Parking: Asphalt
  • Community Features: Street Lights, Sidewalks, Park

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman