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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
    : 
    Quadruplex
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $210/sqft
    $-- HOA

    What's special

    Spacious units
    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).
    79 days
    on Zillow
    |
    241
    |
    15
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    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#: IV25081788MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 18140 Poinciana Rd.

    Next available tour time:Today at 5pm

    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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