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18140 Poinciana Road, Adelanto, CA 92301
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$700,000
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Home Details for 18140 Poinciana Road
Price
$700,000
Type
other
Bedrooms
8
Total Bathrooms
5
Full Bathrooms
5
Year Build
1986
Sq. Ft.
3338
Lot Size
0.1994
County
San Bernardino
Garage
4
MLS®️ Listing#
IV25081788
On exitrealty.com
215 days
Property 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).
- Cooling Information
- Central Air
- Water Features
- Public
- Garage
- 1
- Parking
- Attached
- Fire Place
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Listing Courtesy: LE INVESTMENT GROUP - 714-310-2840. Presented by: DARREN CORREA
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-04 18:15:23 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.
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$700,000
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.