18140 Poinciana Road, Adelanto, CA 92301
Fourplex · 2 recorded sales since 2025
Sold December 2025
Listing Agent: DARREN CORREA (DRE #02066621) · Listing Office: LE INVESTMENT GROUP · Contact: 714-310-2840 · Bought with: SANDY HERNANDEZ · CENTURY 21 SYNERGIA REALTY · MLS #IV25084672 · Source: CRMLS
About this fourplex
Welcome to 18140 Poinciana Rd—a well-maintained fourplex presenting 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).
Listing description from the December 2025 sale, as reported to CRMLS.
Sale history
