18140 Poinciana Road
Adelanto, CA 92301
- 6 beds
- – baths
- 3,338 sqft
- 8,687 sqft lot
- $191 per sqft
- 1986 build
- – on site
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$640,000, 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 7.35% pro forma CAP rate. With a current CAP of 6.34% and pro forma GRM of 9.13, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 30–32%, and tenants pay their own utilities (gas/electric).
Last checked:
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Last updated Apr 19, 2025
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MLS# CRIV25084672 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1986
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Building Area Units:Square Feet
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Building Area Total:3338
Room Dimensions
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Living Area:3338
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Living Area Units:Square Feet
Location
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Directions:From Highway 395, head west on Rancho Rd, turn rig
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Other
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Parcel Number:0459491350000
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Lot Size Area:0.2
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Lot Size Acres:0.2
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Lot Size SqFt:8687
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:91.32
Beds
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Bedrooms Total:6
The Listing
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Listing Terms:Cash
Appliances
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Laundry Features:No Hookups
The Community
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Association:false
Parking
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/25
Apr 17, 2025
|
Listed / Active | BRIDGE | $640,000 | |
3/8/99
Mar 8, 1999
|
Sold | BRIDGE |