There are multiple listings for this address:
18140 Poinciana Road
Adelanto, CA, 92301
$700,000
8 Beds
5 Baths
3,338 SqFt
0.2 Acres
Add
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).

Property Details

Price:
$700,000
MLS #:
IV25081788
Status:
Active
Beds:
8
Baths:
5
Address:
18140 Poinciana Road
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
adladelanto
City:
Adelanto
Listed Date:
Apr 14, 2025
State:
CA
Finished Sq Ft:
3,338
ZIP:
92301
Lot Size:
8,687 sqft / 0.20 acres (approx)
Year Built:
1986
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Schools

School District:
Adelanto

Interior

Bathrooms
5 Full Bathrooms
Cooling
Central Air
Laundry Features
None

Exterior

Community Features
Rural
Parking Spots
4.00

Financial

Map

Community

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18140 Poinciana Road
Adelanto, CA
18140 Poinciana Road
Adelanto, CA, 92301
$700,000
Beds
0 Baths
SqFt
0.2 Acres
Add
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).

Property Details

Price:
$700,000
MLS #:
IV25084672
Status:
Active
Baths:
0
Address:
18140 Poinciana Road
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
adladelanto
City:
Adelanto
Listed Date:
Apr 14, 2025
State:
CA
ZIP:
92301
Lot Size:
8,687 sqft / 0.20 acres (approx)
Year Built:
1986
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Adelanto

Interior

Bathrooms
5 Full Bathrooms
Cooling
Central Air
Laundry Features
None

Exterior

Community Features
Rural
Parking Spots
4.00

Financial

Map

Community

Similar Listings Nearby