7-Unit Remodeled Apartment
New
For Sale
$1,200,000
9140 E Ave, Hesperia, CA 92345
Fully renovated residences feature consistent two-bedroom, one-bath layouts and complete occupancy.
Property SizeContact for details
Days on Market7
Property Features for 9140 E Ave
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
7 x 2BR/1BA
Multifamily Units
7
Additional Details
Cap Rate
7.69%
Listing Agency:
Real Brokerage Technologies
(562) 254-8677
Listed By:
Carlos Ascencio · License #01324790
(562) 254-8677
Source:
Exprealty
Added: Jul 31
Changed: Aug 6
Last Checked: Aug 6 at 2:41AM
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 Real Brokerage Technologies
Investment Insights
Based on property information with market context.
This seven-unit apartment property in Hesperia, California, consists entirely of two-bedroom, one-bath residences. Every unit has undergone remodeling, and the property is currently 100% leased, providing an established operating profile for a new owner. Renovations are complete, with no deferred maintenance concerns identified in the provided information.
The property is located on E Avenue in Hesperia within the High Desert submarket. Current performance reflects a 7.69% cap rate, while the stated market-rent projection indicates an 8.64% cap rate. The asset is also identified as suitable for 1031 exchange buyers and investors seeking a multifamily property with completed renovations and a rent-growth strategy.
The property is located on E Avenue in Hesperia within the High Desert submarket. Current performance reflects a 7.69% cap rate, while the stated market-rent projection indicates an 8.64% cap rate. The asset is also identified as suitable for 1031 exchange buyers and investors seeking a multifamily property with completed renovations and a rent-growth strategy.
Key Highlights
- Seven apartment units, each configured as a 2‑bedroom, 1‑bath residence
- All units fully remodeled
- 100% leased occupancy
Property Analytics
Current Use
Lease Details
7
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Demographics for 92345, CA
86,499
Population
27,247
Households
3.2
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
98.9 sq mi
ZIP Area
875
Density / Sq Mi
$65,949
Median Household Income
$37,235
Median Earnings
$1,499
Median Rent
$359,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated residences feature consistent two-bedroom, one-bath layouts and complete occupancy.
Where is this apartment building located?
The property is located at 9140 E Ave Hesperia, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Seven apartment units, each configured as a 2‑bedroom, 1‑bath residence; All units fully remodeled; 100% leased occupancy
