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18140 Poinciana Road Adelanto, CA 92301
$640,000 8 beds, 5 baths
3, 338 sqft
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Agent Remarks

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 3,338 rentable 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).

Listing Details

Property type: Quadruplex (Single Family)
Status: Active
MLS# IV25081788
List price is $640,000
HOA Fee is $0.00
Beds: 8
Baths: 5 (5 full)
See Remarks fireplaces
Built in 1986
3,338 sqft
2 stories
0.20 acres
Lot size: 0.1994
County: San Bernardino
Lot description: TwoToFiveUnitsAcre
Heating/cooling: Central Air
MLS area: ADL - Adelanto

Last Updated: 4/19/2025

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This listing belongs to the ADL - Adelanto MLS area

Lat/Long: 34.580436, -117.425228.
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Listing Agent: DARREN CORREA
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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