About 18140 Poinciana Road
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).
Features of 18140 Poinciana Road
| MLS® # | IV25081788 |
|---|---|
| Price | $700,000 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 3,338 |
| Acres | 0.20 |
| Year Built | 1986 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Status | Active Under Contract |
Community Information
| Address | 18140 Poinciana Road |
|---|---|
| Area | ADL - Adelanto |
| City | Adelanto |
| County | San Bernardino |
| Zip Code | 92301 |
Amenities
| Parking Spaces | 4 |
|---|---|
| # of Garages | 4 |
| View | Desert |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Cooling | Central Air |
|---|---|
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | See Remarks |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|
School Information
| District | Adelanto |
|---|
Additional Information
| Date Listed | April 14th, 2025 |
|---|---|
| Days on Market | 181 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Darren Correa |
|---|---|
| Office | LE INVESTMENT GROUP |