CA > Adelanto
Adelanto, CA 92301,18140 Poinciana RD
Adelanto, CA 92301,18140 Poinciana RD
Adelanto, CA 92301,18140 Poinciana RD
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Melissa Seanez

Melissa Seanez

+1(626) 723-6030
$640,000
Est. payment /mo
8 Beds
5 Baths
3,338 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,338 sqft

Price per Sqft $191

MLS Listing ID IV25081788

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 1986

Lot Size 8,685 Sqft

Property Sub-Type Quadruplex

Property 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 $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 3,338 rentable 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).

Location

State CA

County San Bernardino

Area Adl - Adelanto

Rooms

Main Level Bedrooms 1

Interior

Cooling Central Air

Fireplaces Type See Remarks

Fireplace Yes

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Rural

View Y/N Yes

View Desert

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Adelanto

Others

Senior Community No

Tax ID 0459491350000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by DARREN CORREA • LE INVESTMENT GROUP • 714-310-2840

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agent

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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