Property Detail

18140 Poinciana Road

Adelanto CA 92301

$700,000

Status: Active

Property Details

Description

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).

Map Location

Listing provided courtesy of DARREN CORREA of LE INVESTMENT GROUP. Last updated . Listing information © 2025 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

Marlene Kindt

Marlene Kindt

CA DRE #02087349
Brokerage DRE#
Inquire Now
realestateisgreat! Real estate 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM https://static.royacdn.com/Site-6432d720-bcd9-459c-9a8e-73f9891ae0d5/Assets/marlene_kindt_headshot_min.jpg Realtor® # # # https://static.royacdn.com/Site-6432d720-bcd9-459c-9a8e-73f9891ae0d5/Assets/marlene_kindt_headshot_min.jpg Keller Williams La Jolla 7979 Ivanhoe Avenue, Suite 350 La Jolla, CA 92037 02087349 697810 01932411 https://www.realtor.com/realestateagents/5de6d3955e36820013979742 01932411 8584579400