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Eddie Arnez

earnez@rodeore.com +1(954) 305-1314

$ 700,000

Est. payment | -/mo

8,685 Sqft Lot

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$ 700,000

Est. payment | -/mo

Save

8,685 Sqft Lot

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25084672

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$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).

Location

State CA

County San Bernardino

Area Adl - Adelanto

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Rural

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 0459491350000

Energy Description 1313.0

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Listed by DARREN CORREA • LE INVESTMENT GROUP • 714-310-2840

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 305-1314

earnez@rodeore.com

12345 Ventura Blvd, Studio City, CA 91604, USA

18140 Poinciana RD Adelanto, CA 92301

Eddie Arnez

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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18140 Poinciana RD