Active
18140 Poinciana Road
Adelanto, California
Overview
- Residential
- 8
- 5
- 4
- 3338
- 320963
Description
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).
Details
Updated on July 25, 2025 at 12:58 am Listed by DARREN CORREA, LE INVESTMENT GROUP- Property ID: 320963
- Price: $700,000
- Property Size: 3338 Sqft
- Land Area: 8687 Square Feet
- Bedrooms: 8
- Bathrooms: 5
- Garages: 4
- Year Built: 1986
- Property Type: Residential
- Property Status: Active
Features
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