18140 Poinciana Road, Adelanto, CA 92301

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
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18140 Poinciana Road,Adelanto, CA 92301
$700,000
  • 8 Beds
  • 5 Baths
  • 3,338 sq. ft.
  • Single family
  • Active
Listed by:darren correa
Office:le investment group
MLS#:IV25081788
Source:CRMLS

Price summary

  • Price:$700,000
  • Price per sq. ft.:$209.71

About this home

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).

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Home facts

  • Year built:1986
  • Listing Id #:IV25081788
  • Added:131 day(s) ago
  • Updated:August 24, 2025 at 10:35 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,338 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:1986
  • Building area:3,338 sq. ft.
  • Lot area:0.2 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$209.71
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