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).
For sale
Listing Provided by:
DARREN CORREA DRE #02066621 714-310-2840,
LE INVESTMENT GROUP
$700,000
18140 Poinciana Rd, Adelanto, CA 92301
8beds
3,338sqft
Est.:
Quadruplex
Built in 1986
-- sqft lot
$-- Zestimate®
$210/sqft
$-- HOA
What's special
Spacious units
- 79 days
- on Zillow |
- 241 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: May 21, 2025 at 11:34am
Listing Provided by:
DARREN CORREA DRE #02066621 714-310-2840,
LE INVESTMENT GROUP
Source: CRMLS,MLS#: IV25081788
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Other
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 3,338 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Desert
Lot
- Size: 8,687 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 0459491350000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Rural
Location
- Region: Adelanto
Financial & listing details
- Price per square foot: $210/sqft
- Date on market: 4/14/2025
- Listing terms: Cash,Conventional,FHA
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