Description
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).
Property Type
ResidentialCounty
San BernardinoStyle
ResidentialAD ID
49366231
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 5
- Full Baths: 5
- Half Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: See Remarks
Cooling Features
- Central Air
- Air Conditioning
Fireplace
- Fireplace Features: See Remarks
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1986
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1994
- Lot Size Source: Assessor
- Lot Size Square Feet: 8687
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Listing Information
Listing Price Information
- Original List Price: 640,000
- Listing Contract Date: 2025-04-14
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 0459491350000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: ADL - Adelanto
- Postal Code Plus 4: 2082
- Directions: From Highway 395, head west on Rancho Rd, turn right on Bellflower St, then left on Poinciana Rd. Property will be on the left.
- Source Property Type: Residential
- Area: ADL - Adelanto
- Property SubType: Quadruplex
Building and Construction
- Property Age: 39
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Total Square Feet Living: 3338
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Quadruplex
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BuyOwner last updated this listing 04/21/2025 @ 00:52
- MLS: IV25081788
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 3,338 sqft, 8,687 sized lot, and 4 parking. are nearby neighborhoods.