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    Adelanto Fourplex Investment Opportunity Title is generated by Realmo AI

    17928 Hermosa Rd, Adelanto, CA 92301

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    For Sale
    $624,999

    Fourplex in good condition, great investment opportunity in Adelanto, CA.

    Type:Investment
    Property size:
    3,224 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $193/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 4:29 pm

    Property Features for 17928 Hermosa Rd

    General Information

    Standard status
    Active
    Size
    3,224 SF
    Lot size
    0.16 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1985

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    Listing Contact
    Tony Nelson
    Tony Nelson

    Listing agent Tony Nelson License #01131002

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Tony Nelson

    HighLights

    • Fourplex: Great Investment Opportunity
    • Four Units in Good Condition
    • Each Unit: 2 Bedroom, 1 Bathroom, 1 Detached Car‑Garage
    • Total of 3,224 Sq Ft (Approx 800 Sq Ft per unit)
    • Well‑Maintained Exterior with Great Curb Appeal
    • Built in 1985

    Overview

    This fourplex property is available for sale in Adelanto, California, presenting an investment opportunity. The building has a total area of 3,224 square feet, with each of the four units measuring approximately 800 square feet. Each unit features two bedrooms, one bathroom, and a detached one-car garage. All four units are reported to be in good condition. The property is situated on a 7,102 square foot lot. The exterior of the property is well-maintained and has curb appeal. The location has a bike score of 32, indicating it is somewhat bikeable, and a walk score of 13, suggesting car dependence.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $49.9k $15.48
    − Vacancy −$2.9k −$0.91
    EGI $47.0k $14.57
    − OpEx −$14.1k −$4.37
    NOI $32.9k $10.20
    3,224 SF · lease $15.48/SF/yr · vacancy 5.89% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $469.7K
    $411.0K – $548.0K (±1% cap)
    NOI $32,878 @ 7.0% cap · market cap 5.26%
    Second Best
    Apartment 5plus
    $407.7K
    $356.8K – $475.7K (±1% cap)
    NOI $28,542 @ 7.0% cap · market cap 4.57%
    Theoretical Best
    Office A
    $680.1K
    $595.1K – $793.4K (±1% cap)
    NOI $47,604 @ 7.0% cap · market cap 7.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Big Box & Wholesale Store Kitchen & Bath Showroom Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.42528
    Latitude
    34.576913

    FAQs

    What type of property is this?
    Quadplex - Fourplex in good condition, great investment opportunity in Adelanto, CA.
    Where is this quadplex located?
    The property is located at 17928 Hermosa Rd Adelanto, CA.
    What is the asking price?
    The asking price for this property is $624,999.
    What are key features of this property?
    This property features: Fourplex: Great Investment Opportunity; Four Units in Good Condition; Each Unit: 2 Bedroom, 1 Bathroom, 1 Detached Car‑Garage
    More about this property
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