18140 Poinciana Road
Adelanto, CA, 92301
$700,000
8 Beds
5 Baths
3,338 SqFt
0.2 Acres
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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).
LISTING AGENT: DARREN CORREA
LISTING BROKERAGE: LE INVESTMENT GROUP
18140 Poinciana Road
Adelanto, CA

Property Details

Price:
$700,000
MLS #:
IV25081788
Status:
Active
Beds:
8
Baths:
5
Address:
18140 Poinciana Road
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
adladelanto
City:
Adelanto
Listed Date:
Apr 14, 2025
State:
CA
Finished Sq Ft:
3,338
ZIP:
92301
Lot Size:
8,687 sqft / 0.20 acres (approx)
Year Built:
1986
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Schools

School District:
Adelanto

Interior

Cooling
Central Air
Fireplace Features
See Remarks

Exterior

Community Features
Rural
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
Desert
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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