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
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
Property Details
Price:
$1,200,000
MLS #:
PW26167418
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
hsphesperia
Listed Date:
Jul 31, 2026
Total Sq Ft:
5,876
Lot Size:
18,750 sqft / 0.43 acres (approx)
Year Built:
1977
See this Listing
Schools
Interior
Appliances
DW, ER
Cooling
CA
Heating
CF
Laundry Features
AR
Levels
A
Exterior
Accessibility Features
PK
Common Walls
_1CW
Community Features
SDW, SL
Fencing
CH
Other Structures
SBL
Parking Spots
14
Parking Total
14
Spa Features
NO
View
NO
Financial
Maintenance Fee
$165
Map
Community
- Address9140 E Hesperia CA
- CityHesperia
- CountySan Bernardino
- Zip Code92345
Market Summary
Current real estate data for Single Family in Hesperia as of Aug 11, 2026
425
Single Family Listed
99
Avg DOM
246
Avg $ / SqFt
$420,931
Avg List Price
Property Summary
- 9140 E Hesperia CA is a Single Family for sale in Hesperia, CA, 92345. It is listed for $1,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1977. The average price per square foot for Single Family listings in Hesperia is $246. The average listing price for Single Family in Hesperia is $420,931.
Similar Listings Nearby
9140 E
Hesperia, CA


