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18140 Poinciana Road, Adelanto, CA 92301
Priced at Only: $700,000
For more Information Call
Mobile: 714.478.6676
Address: 18140 Poinciana Road, Adelanto, CA 92301
Property Photos

Property Location and Similar Properties
- MLS#: IV25081788 ( Quadruplex )
- Street Address: 18140 Poinciana Road
- Viewed: 6
- Price: $700,000
- Price sqft: $210
- Waterfront: No
- Year Built: 1986
- Bldg sqft: 3338
- Bedrooms: 8
- Total Baths: 5
- Full Baths: 5
- Garage / Parking Spaces: 4
- Days On Market: 106
- Additional Information
- County: SAN BERNARDINO
- City: Adelanto
- Zipcode: 92301
- District: Adelanto
- Provided by: LE INVESTMENT GROUP
- Contact: DARREN DARREN
- DMCA Notice
-
DescriptionWelcome to 18140 Poinciana Rda 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 $70,080offering 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).
Features
Assessments
- None
Association Fee
- 0.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Central Air
Country
- US
Days On Market
- 22
Fireplace Features
- See Remarks
Garage Spaces
- 4.00
Laundry Features
- None
Levels
- Two
Living Area Source
- Assessor
Lockboxtype
- None
Lot Features
- 2-5 Units/Acre
Parcel Number
- 0459491350000
Pool Features
- None
Postalcodeplus4
- 2082
Property Type
- Quadruplex
School District
- Adelanto
Sewer
- Public Sewer
View
- Desert
Water Source
- Public
Year Built
- 1986
Year Built Source
- Public Records

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com