Synergia Realty
Sandy Hernandez, Synergia RealtyPhone: (909) 904-5460
Email: [email protected]
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listing
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Residential IncomeFor Sale
$700,000
18140 Poinciana Road
Adelanto, CA 92301
Listing Office: Le Investment Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$3,713/mo

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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Information courtesy of Le Investment Group is subject to verification and is not guaranteed.
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