18140 Poinciana Road, Adelanto, CA 92301
Local realty services provided by:ERA North Orange County Real Estate
18140 Poinciana Road,Adelanto, CA 92301
$700,000
- 8 Beds
- 5 Baths
- 3,338 sq. ft.
- Single family
- Active
Listed by:darren correa
Office:le investment group
MLS#:IV25081788
Source:San Diego MLS via CRMLS
Price summary
- Price:$700,000
- Price per sq. ft.:$209.71
About this home
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).
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Home facts
- Year built:1986
- Listing ID #:IV25081788
- Added:173 day(s) ago
- Updated:October 05, 2025 at 01:53 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,338 sq. ft.
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Year built:1986
- Building area:3,338 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$209.71
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