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18140 Poinciana Rd Adelanto, CA 92301

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For Sale
$700,000

Fourplex in fast-growing High Desert region with cash flow.

Lot size:
0.20 Acres

Property Features for 18140 Poinciana Rd

General Information

Lot size
0.20 Acres

Building Details

Year built
1986

Source: LE INVESTMENT GROUP Agent DARREN CORREA

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained Fourplex in High Desert

The property at 18140 Poinciana Rd is a well-maintained, two-story fourplex located in the High Desert region. The building comprises four units: one 3-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath. The total rentable area is approximately 3,338 square feet, situated on a 0.20-acre lot. The property generates a Gross Scheduled Income of $61,236 annually, with market rents projected at $70,080. The current CAP rate is 5.83%, with a pro forma CAP rate of 6.63% and a pro forma GRM of 9.99. Tenants are responsible for their own gas and electric utilities, and operating expenses are efficient at 32%. This property presents immediate cash flow and upside potential.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Adelanto
County
San Bernardino
State
California
Longitude
-117.42522
Latitude
34.580433

FAQs

What type of property is this?
Quadplex - Fourplex in fast-growing High Desert region with cash flow.
Where is this quadplex located?
The property is located at 18140 Poinciana Rd Adelanto, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: - Immediate cash flow with a current 5.83% CAP rate.; - Upside potential with projected market rents offering a 6.63% pro forma CAP rate.; - Gross Scheduled Income of $61,236 annually with potential to reach $70,080.
More about this property
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