- 6 Beds
- 4 Baths
- .2 Acres
- 116 DOM
18140 Poinciana Road
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).
Essential Information
- MLS® #IV25084672
- Price$700,000
- Bedrooms6
- Bathrooms4.00
- Acres0.20
- Year Built1986
- TypeResidential Income
- Sub-TypeQuadruplex
- StatusActive
Community Information
- Address18140 Poinciana Road
- AreaADL - Adelanto
- CityAdelanto
- CountySan Bernardino
- Zip Code92301
Amenities
- Parking Spaces4
- # of Garages4
- PoolNone
Interior
- # of Stories2
Exterior
- Lot DescriptionTwoToFiveUnitsAcre
Additional Information
- Date ListedApril 14th, 2025
- Days on Market116
Listing Details
- AgentDarren Correa
- OfficeLE INVESTMENT GROUP
Price Change History for 18140 Poinciana Road, Adelanto, (MLS® #IV25084672)
| Date | Details | Change |
|---|---|---|
| Price Increased from $640,000 to $700,000 |
Darren Correa, LE INVESTMENT GROUP.
Based on information from California Regional Multiple Listing Service, Inc. as of August 27th, 2025 at 1:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.