- 8 Beds
- 5 Baths
- 3,338 Sqft
- .2 Acres
18140 Poinciana Road
Welcome to 18140 Poinciana Rda 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 $70,080offering 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).
Essential Information
- MLS® #IV25081788
- Price$700,000
- Bedrooms8
- Bathrooms5.00
- Full Baths5
- Square Footage3,338
- Acres0.20
- Year Built1986
- TypeResidential
- Sub-TypeAll Other Attached
- StatusACTIVE
Community Information
- Address18140 Poinciana Road
- AreaADELANTO (92301)
- CityAdelanto
- CountySan Bernardino
- StateCA
- Zip Code92301
Amenities
- # of Garages4
- ViewDesert
- PoolN/K
Interior
- CoolingCentral Forced Air
- FireplaceYes
- FireplacesOther/Remarks
- # of Stories2
Additional Information
- Date ListedApril 14th, 2025
- Days on Market37
Listing Details
- OfficeLE INVESTMENT GROUP
LE INVESTMENT GROUP.
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Listing information last updated on June 12th, 2025 at 10:49am PDT.