9140 E, Hesperia, CA 92345
Local realty services provided by:Better Homes and Gardens Real Estate Champions
9140 E,Hesperia, CA 92345
$1,200,000
- - Beds
- - Baths
- 5,876 sq. ft.
- Multi-family
- Active
Listed by: carlos ascencio
Office: real brokerage technologies916-848-7554
MLS#:PW26167418
Source:CRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$204.22
About this home
Investment Opportunity: 9140 E Avenue, Hesperia, CA
Seven-unit multifamily investment offering immediate cash flow with clear upside. Each of the seven units features a 2-bedroom, 1-bathroom layout, and all units have been fully remodeled and are 100% leased — delivering stabilized income from day one.
Currently producing a 7.69% cap rate, this asset offers significant upside potential: bringing rents to market value would push the cap rate to 8.64%, making this a compelling value-add opportunity for investors seeking strong in-place returns with room to grow.
Ideally located in Hesperia within the High Desert submarket, this turnkey property is well-suited for both 1031 exchange buyers and investors looking to add a low-maintenance, cash-flowing asset to their portfolio. With recent renovations already completed, ownership can step in without deferred maintenance concerns and simply execute a rent growth strategy to capture additional yield.
Highlights:
* 7 units, all 2BR/1BA
* Fully remodeled, 100% occupied
* 7.69% current cap rate / 8.64% pro forma at market rents
* Turnkey — renovations complete, minimal capex needed
* Strong upside through organic rent growth...
Contact an agent
Home facts
- Year built:1977
- Listing ID #:PW26167418
- Added:55 day(s) ago
- Updated:September 24, 2026 at 11:07 AM
Rooms and interior
- Kitchen Description:Dishwasher, Electric Range
- Living area:5,876 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1977
- Building area:5,876 sq. ft.
- Lot area:0.43 Acres
- Lot Features:Near Park
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$204.22
Features and amenities
- Appliances:Dishwasher, Electric Range
- Amenities:All Bedrooms Down
Parking
- Total parking spaces:14
- Parking description:Asphalt
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